Global Life Insurance: What You Need To Know

Globe Life and Accident Insurance Company, based in McKinney, Texas, provides life and health insurance coverage nationwide. The company was founded in 1951 by two longtime friends, Ralph Reece and John Singletary, with $60,000 of borrowed capital. Globe Life originally sold inexpensive but dependable life insurance protection to rural Oklahoma communities. Since then, the company has grown in financial strength and reputation, consistently receiving high industry ratings. Today, Globe Life is the official insurance company of the Dallas Cowboys and has an A+ Better Business Bureau rating.

Globe Life and Accident Insurance Company

Life insurance is a financial product that provides a lump sum payment to your loved ones in the event of your death. It is designed to help them cope with the financial burden of losing a family member, such as funeral costs, mortgage payments, and other expenses.

Today, Globe Life markets its insurance products through direct mail, the internet, and call centre sales. The company has earned a reputation for financial strength and stability, consistently receiving high industry ratings. As of July 2021, Globe Life boasts an A (Excellent) Financial Strength Rating from A.M. Best Company, with more than 8 million policies in force. This rating reflects the company's ability to meet its financial obligations and provides assurance to its policyholders.

In addition to its core life insurance business, Globe Life formed its Employee Services Division (ESD) in 1972 to offer supplemental life and health insurance to federal and state employees already covered by Federal Employee Government Life Insurance (FEGLI). This division further expanded the company's reach and demonstrated its commitment to serving a diverse range of customers.

Outside of insurance, Globe Life has established partnerships with prominent organisations such as the Texas Rangers and the Dallas Cowboys, showcasing its involvement in the community and its support for sporting events. The company's executive offices are located in Oklahoma City and McKinney, Texas, and it operates as a subsidiary of Globe Life, with a strong presence in the insurance industry.

Globe Life's history

Globe Life, based in McKinney, Texas, provides life and health insurance coverage nationwide. It was founded in 1951 by two longtime friends, Ralph Reece and John Singletary, with $60,000 of borrowed capital. Globe originally sold inexpensive but dependable life insurance protection to rural Oklahoma communities.

Since its founding, Globe Life has grown in financial strength and reputation, consistently receiving high industry ratings. In 1972, Globe Life formed its Employee Services Division (ESD) to offer supplemental life and health insurance for federal and state employees already covered by Federal Employee Government Life Insurance, or FEGLI. Today, Globe Life markets through direct mail, internet, and call centre sales.

The company has executive offices in Oklahoma City and McKinney, Texas, and is a subsidiary of Globe Life. It is the official insurance company of the Dallas Cowboys and partners with the organisation through advertising and corporate events at the Cowboys' stadium, AT&T Stadium in Arlington, Texas, and at the Dallas Cowboys' headquarters and training facility in Frisco, Texas.

Charles F. Hudson served as Senior Vice President of Globe Life from August 2001 through August 2005, when he became President and CEO. He retired in November 2014, and was succeeded by Bill Leavell, who was named President of Globe Life in October 2013.

Globe Life's ratings

Globe Life, based in McKinney, Texas, provides life and health insurance coverage nationwide. It has earned an A (Excellent) Financial Strength Rating from A.M. Best Company as of July 2021. The company has also received an A+ rating from the Better Business Bureau, on a scale of A+ to F.

Globe Life has been in business since 1951, when it was chartered by two longtime friends, Ralph Reece and John Singletary, with $60,000 of borrowed capital. The company originally sold inexpensive but dependable life insurance protection to rural Oklahoma communities. Since then, Globe Life has grown in financial strength and reputation, consistently receiving high industry ratings.

In 1972, Globe Life formed its Employee Services Division (ESD) to offer supplemental life and health insurance for federal and state employees already covered by Federal Employee Government Life Insurance (FEGLI). The company is also the official insurance provider for the Dallas Cowboys and the Texas Rangers.

With more than 8 million policies in force, Globe Life's ratings speak for themselves. The company markets its products through direct mail, the internet, and call centre sales.

Globe Life's partnerships

Globe Life is a life and health insurance company based in McKinney, Texas. It was founded in 1951 and originally sold inexpensive but dependable life insurance protection to rural Oklahoma communities. It has since grown in financial strength and reputation, receiving high industry ratings. It markets through direct mail, the internet and call centre sales.

Globe Life has a number of partnerships with sports teams. It is the official insurance company of the Texas Rangers and the Dallas Cowboys. It partners with the Dallas Cowboys through advertising and corporate events at the Cowboys' stadium, AT&T Stadium in Arlington, Texas, and at the team's headquarters and training facility in Frisco, Texas.

In addition to its partnerships with sports teams, Globe Life also has a history of providing supplemental life and health insurance for federal and state employees. In 1972, the company formed its Employee Services Division (ESD) to offer this type of insurance to employees already covered by Federal Employee Government Life Insurance, or FEGLI.

Globe Life has also received recognition for its financial strength and industry ratings. As of July 2021, the company had received an A (Excellent) Financial Strength Rating from A.M. Best Company. This rating is given to companies with superior financial strength and stability. The company also has an A+ rating from the Better Business Bureau, the highest possible rating on a scale of A+ to F.

Globe Life's services

Globe Life is a life and health insurance company based in McKinney, Texas. It was founded in 1951 and has since grown to become one of the most reputable insurance providers in the United States. With an A (Excellent) Financial Strength Rating, Globe Life is committed to providing superior service to its policyholders.

The company originally sold inexpensive but dependable life insurance protection to rural Oklahoma communities. Over the years, Globe Life has expanded its reach and now offers a range of insurance products to meet the diverse needs of individuals and families across the nation.

One of Globe Life's key services is its supplemental life and health insurance for federal and state employees. Formed in 1972, the Employee Services Division (ESD) offers additional coverage to those who are already insured through the Federal Employee Government Life Insurance (FEGLI) program. This ensures that government employees have access to comprehensive protection for themselves and their families.

In addition to its insurance offerings, Globe Life has established partnerships with well-known organisations such as the Texas Rangers and the Dallas Cowboys. Through these partnerships, the company further extends its reach and visibility, solidifying its presence in the insurance industry.

With more than 8 million policies in force, Globe Life has proven its ability to adapt to the changing insurance needs of Americans. The company continues to market its products through direct mail, the internet, and call centre sales, ensuring accessibility and convenience for its customers.

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