How Greater Midwestern Indemnity Company Protected My Business from a Lawsuit
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I run a small landscaping business in Illinois.
I love my job, but it comes with a lot of risks and challenges.
One of the biggest ones is finding adequate and affordable insurance coverage for my business.
I used to work with a traditional insurance company, but I was not happy with their service.
They charged me high premiums, had a lot of exclusions and limitations, and were slow to process my claims.
I felt like they did not understand or care about my business.
That’s when I discovered Greater Midwestern Indemnity Company (GMIC), a company that specializes in providing insurance solutions for hard-to-place risks.
GMIC is different from other insurance companies because it operates in the surplus lines market, which means it can offer more flexible and customized coverage options for businesses like mine.
Greater Midwestern Indemnity company phone number
If you want to learn more about GMIC and how they can help you with your insurance needs, you can call them at (800) 545-4269.
Their friendly and knowledgeable staff will answer all your questions and guide you through the process of getting a quote or applying for a policy.
Product Name(s):
1. Guaranteed Assurance
The Great Western Guaranteed Assurance policy is a guaranteed issue life insurance plan.
This simply means that there’s no underwriting. You will not have to deal with a medical examination, blood test, or health questions.
2. Assurance Plus
Great Western Assurance Plus is their simplified issue life insurance plan option.
You must answer several basic health questions to qualify.
The good thing about qualifying is it will help keep your premiums lower.
Once you’ve answered the qualifying questions, your coverage will be decided.
If you don’t qualify for Assurance Plus, you can choose Guaranteed Assurance.
Product Basics:
Guaranteed Assurance – Here are the 3 main points you need to know:
Accidents are covered on Day 1:
If die because of an accident within the first 24 months of the policy, the beneficiary of your policy will get the full death benefit.
Graded Death Benefit: If you die from health-related or natural causes in the first 24 months, all of your paid premiums are returned plus 10% to your beneficiary.
This is typically how a graded death benefit works with most companies.
Full Coverage: As soon as you get past 24 months, 100% of the death benefit will be available and paid to your beneficiary no matter the cause of death.
New houses and new to you spaces, even when inspected are not impervious to decline.
Having a local agent with a reliable track record not only gives your house protection, it protects you from not having enough or paying too little.
Greater Midwestern indemnity company address
GMIC is based in Scottsdale, Arizona, but it operates nationwide.
You can visit their website at [www.gwic.com] to find out more about their products and services, or you can mail them at:
Greater Midwestern Indemnity Company
P.O. Box 5420
Scottsdale, AZ 85261
Greater Midwestern Indemnity Company claims
One of the reasons why I chose GMIC for my business insurance is their excellent claims service.
They have a dedicated team of claims professionals who are available 24/7 to handle any claims that may arise.
They also have a fast and easy online claims reporting system that allows me to submit and track my claims anytime, anywhere.
Last year, I had a situation where one of my employees accidentally damaged a customer’s property while mowing their lawn.
The customer was furious and threatened to sue me for the repair costs.
I was worried and stressed, but I contacted GMIC right away and reported the incident.
They took care of everything and settled the claim quickly and fairly.
They saved me from a potential lawsuit and a lot of hassle.
Greater midwest insurance
GMIC is part of Great American Insurance Group, which has offices in over 40 locations across the United States and Canada.
Great American Insurance Group is owned by American Financial Group, Inc. (AFG), a Fortune 500 company based in Cincinnati, Ohio.
AFG has been in the insurance business since 1872 and has a strong financial rating and reputation.
GMIC offers a wide range of coverage options for different types of businesses and industries.
Some of the coverage options they offer are:
- General liability
- Commercial property
- Commercial auto
- Professional liability
- Cyber liability
- Employment practices liability
- Directors’ and officer’s liability
- Environmental liability
- Product liability
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Evans Brown
CURRENTLY
Insurance Writer, Insurance Blob
RESIDES IN
Missouri
EDUCATION
Cambridge University
EXPERTISE
Insurance Writing, Regulatory Compliance, Underwriting Insights, Claims Analysis
Summary
Evans Brown, a skilled Insurance Writer at Insurance Blob, brings a wealth of expertise to the insurance landscape. Educated at Cambridge University, Evans specializes in crafting informative and engaging content on insurance topics, with a focus on regulatory compliance, underwriting insights, and claims analysis.
Experience
Evans’ writing journey is characterized by a commitment to simplifying complex insurance concepts for a broad audience. As an Insurance Writer at Insurance Blob, he excels in creating content that not only informs but also engages readers in the dynamic world of insurance.
Educational Background
Graduating from Cambridge University, Evans Brown gained a solid foundation in insurance principles and an analytical approach to problem-solving. His educational background uniquely positions him to interpret and convey insurance intricacies to a diverse readership.
Expertise
Insurance Writing:
Evans contributes informative and accessible articles, demystifying insurance concepts for readers of all backgrounds.
Regulatory Compliance:
Staying well-versed in insurance regulations, Evans ensures that his content aligns with the latest compliance standards.
Underwriting Insights:
With a focus on risk assessment, Evans provides valuable insights into underwriting practices and strategies.
Claims Analysis:
Evans delves into the complexities of claims analysis, shedding light on the intricacies of the claims process for readers.
Missouri Resident
Based in Missouri, Evans Brown infuses a regional perspective into his writing, considering the specific nuances of the insurance landscape within the state. His dedication to producing quality content makes him a valuable contributor to Insurance Blob’s mission of educating and informing its audience.