Does Globe Life Have A Waiting Period?

One of the frequently asked questions about life insurance involves the nature of waiting periods. Specifically, for those considering Globe Life as their insurer, understanding whether there is a waiting period before the full benefits of the policy come into effect is essential. This article aims to clarify this aspect and provide insight into Globe Life’s policies regarding waiting periods.

What is a Waiting Period?

First, let’s define what a waiting period is in the context of life insurance. A waiting period, often called a contestability period, is a pre-set amount of time that begins when you first purchase a life insurance policy. During this period, the insurance company may not pay out the full death benefit if the insured person passes away, except for cases of accidental death. The typical duration of such a period is two years, but it can vary depending on the insurer and chosen plan.

Globe Life Insurance: Understanding Their Policies

Globe Life offers life insurance products, including term life, whole life, and children’s life insurance. Whether Globe Life has a waiting period is pertinent to potential policyholders seeking immediate coverage.

Waiting Period in Globe Life Policies

Globe Life policies often include a waiting period, but the specifics depend on the type of policy you choose. Here’s a breakdown:

Why Have a Waiting Period?

The primary reason insurance companies impose a waiting period is to protect themselves against fraud and mitigate the risks associated with insuring individuals who might already be in poor health. It’s a balancing act between offering protection to policyholders and ensuring the insurer’s viability by preventing potential abuse of the system.


While waiting periods might seem like a drawback, they’re a common aspect of life insurance policies aimed at safeguarding the interests of both the insurer and the insured. Globe Life does have waiting periods for certain products, particularly their whole life policies.

But at least Globe doesn’t deny claims, right?

Whether you’re considering Globe Life or any other insurer, paying attention to the details of your policy, including any waiting periods, can help you make an informed decision that aligns with your needs and expectations for financial security.