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The Globe Life Insurance Application Process is really easy to understand. To fully understand this material, you only need to read it carefully.
Everything You Need To Know About Globe Life Insurance
Globe Life Insurance has its headquarters in McKinney, Texas, and is well-known for providing annuities, additional health insurance, and life insurance. They were a division of Liberty National Life Insurance when they were first established in 1951, but they are now a part of Torchmark Holdings. Through both captive agents and direct sales on its website, Globe Life Insurance offers its products for purchase.
What Kind of Policies Does Globe Life Insurance Offer?
Numerous different life insurance policy options are provided by Globe Life Insurance. They specialize in insurance plans that don't demand a physical. They frequently advertise their goods to people with long-term medical issues or people who could not otherwise qualify for a life insurance policy.
1: Term life: Term life insurance offers protection for a set period of time. Without requiring a medical exam, Globe Life offers term insurance with coverage ranging from $5,000 to $100,000. This is far less than what you would receive from other firms for term life insurance. Additionally, they have a very different term structure than conventional businesses.
You have the option to renew them at the conclusion of each cycle of five years. Their terms are for increments of five years. Some of their term life insurance policies include age restrictions, so if you sign, it's crucial to look out for such.
2: Whole life: Whole life insurance plans are intended to offer coverage for the whole of your life without lapses. For use as a final expense insurance, Globe Life offers whole life insurance with restricted death payments. They provide whole-life insurance plans with a maximum payout of $25,000 for funeral and other final expenditures.
Although these plans are not an assured issue, they are available without a medical evaluation. The death benefit under these policies does not include the cash value element of the policies, which they also have. If you need money instead, you can choose to borrow against the cash value while you're still living.
3: Children's life insurance is a service provided by Global Life. These plans are made to provide continued protection as the youngster becomes older. When the child reaches adulthood, they have the option of continuing to cover the premiums on their own. Younger rates allow you to lock in a cheap price for a lengthy period of time, which is one potential benefit of buying a life insurance policy.
4: Accidental death: Although not strictly speaking a type of life insurance, many people utilize accidental death coverage for a reason that is comparable to that of life insurance. Up to $250,000 in accidental death coverage is available from Globe Life. As you age, the death benefit increases.
Additionally, they provide assured approval for the majority of their clients, so you won't have to worry about providing your health information or completing a test. However, accidental death insurance will only pay out in certain situations that count as accidents, such as a car collision. Your beneficiaries will not be compensated if you pass away as a result of a condition that doesn't meet their requirements or under any other situation.
Globe Life Insurance Application Steps
You can click here and select the type of policy you want to apply. It just takes a few minutes to complete the simple application. Once you apply and are approved, they will send your policy to you in the mail so you can review it and file it with your important paperwork.
How To Contact Globe Life Insurance
You may contact Globe Life by writing to the address below, or by calling or emailing a specific department.
Mailing Address
- Globe Life
- 3700 S. Stonebridge Drive
- McKinney, TX 75070
Toll-free Customer Service
Phone: 1-866-298-9115
Customer Service
- Monday to Friday 8:00 am – 5:00 pm Central
- Email: CSPolicyServices@globe.life
Agent Contracting
- Phone: 1-469-617-4400
- Email: ESDRecruiting@globe.life
File a Claim
Visit their claims page for more information on submitting claims.