Globe Life has been around for over 70 years, offering life insurance policies to customers across the United States. While Globe Life does not sell guaranteed acceptance, it has become a popular choice for those seeking coverage without the hassle of medical exams or waiting periods. However, with so many insurance providers available, it’s natural to wonder if Globe Life is a legitimate and trustworthy company.
Fortunately, Globe Life has a solid financial rating from A.M. Best, indicating that the company is financially stable and able to meet its obligations to policyholders. In addition, Globe Life has an A+ rating from the Better Business Bureau and relatively few complaints compared to other insurance providers. These factors suggest that Globe Life is a legitimate company that can be trusted to provide reliable coverage.
Is Globe Life a Legitimate Company?
Globe Life has been in the insurance industry for over 70 years and is one of the largest life insurance providers in the United States. It has a reputation for offering affordable policies with no medical exams required, but is it a legitimate company?
History of Globe Life
Globe Life was founded in 1951 as Torchmark Corporation and changed its name to Globe Life in 2019. Its subsidiaries include American Income Life, Liberty National Life, United American, and Family Heritage Life. Globe Life has an A+ rating from the Better Business Bureau and has been accredited since 1952. Learn more about the advantages and disadvantages of global life insurance and claim denials.
Financial Strength
Globe Life is a publicly traded company listed on the New York Stock Exchange under the ticker symbol GL. As of December 31, 2022, the company had $86 billion in assets and $6.9 billion in policy reserves. For those wondering if Globe Life has a good rating, note that it has consistently received high ratings from independent rating agencies, including an A+ rating from A.M. Best and an AA- rating from Standard & Poor’s.
Customer Reviews
Customer reviews of Globe Life are mixed. Some customers have reported positive experiences with the company, citing its affordability and ease of application. Others have reported negative experiences, including difficulty canceling policies and poor customer service. However, it is essential to note that negative reviews are not uncommon in the insurance industry and may not necessarily reflect the company’s overall performance.
In conclusion, Globe Life Insurance Consumer Ratings is a legitimate company with a long history and strong financial standing. While some customers have reported negative experiences, the company has generally received positive ratings from independent rating agencies and has a reputation for offering affordable policies. For those interested in guaranteed acceptance life insurance from Globe Life, it is an option worth considering.
Contacting Globe Life
Globe Life is committed to providing quality service to its customers. There are several ways to contact the company. This section will provide you with the phone number, email address, and mailing address for Globe Life.
Phone Number
If you need to speak with a representative from Globe Life, you can call their customer service number at 1-800-811-3927. The customer service line is open Monday through Friday from 7:30 a.m. to 6:30 p.m. and Saturday from 9 a.m. to 2 p.m. Central Time.
Email Address
If you prefer to contact Globe Life via email, you can message [email protected]. You should receive a response within one business day. For more information on their policies, you can check if there is a waiting period for Globe Life insurance.
Mailing Address
If you need to mail something to Globe Life, you can send it to the following address:
Globe Life204 N. Robinson Ave.
Oklahoma City, OK 73102
When mailing something to Globe Life, include your policy number and other relevant information to ensure your request is processed quickly.