Globe Life Inc. (GL) is a leading insurance and financial services company based in McKinney, Texas, United States. Founded in 1900 initially as two separate entities, Liberty National Life Insurance Company and Globe Life And Accident Insurance Company, the company has grown to make a significant imprint in the insurance industry. With more than $80 billion of insurance in force, Globe Life is committed to providing secure life insurance protection to its policyholders today and in the future.
Globe Life operates through different segments including life insurance, supplemental health insurance, annuities, and investments. The company's life insurance segment provides permanent and term life insurance policies. In its supplemental health insurance segment, it offers Medicare supplement plans, critical illness and accident insurance plans, and other ancillary products. The annuities segment specializes in fixed annuities while the investment segment is responsible for the company's marketable securities portfolio.
Globe Life is committed to creating policies that are easy to understand and affordable. As of today, it serves millions of customers across the United States. The company sells its products through multiple channels including direct marketing, American Income Life Insurance Company (an exclusive union-labor agency), United American Insurance Company, and the Liberty National Life Insurance Company. In addition, the company's direct response insurance products are directly to consumers at their homes via direct mail, Internet, telemarketing, television, radio, and other mass marketing methods.
A Fortune 1000 company, Globe Life has gained a solid reputation for its financial strength and superior service. It is listed on the New York Stock Exchange under the ticker symbol "GL". The company's consistent results have been recognized by different insurance rating organizations. It's also worth noting that several of Globe Life’s companies have earned the A+ (Superior) Financial Strength Rating from the A.M. Best Company, an indication of their financial soundness and ability to meet policyholder obligations.
With more than a century of business expertise, Globe Life continues to make a difference in the lives of its customers, providing necessary financial security. Its core focus remains on its customers, aiming to offer the best insurance products and investment services tailored to meet their specific needs. This customer-centric approach has been key to their success, positioning Globe Life Inc. as a preferred choice for many when it comes to insurance and financial services.