Globe Life Inc.

US life and supplemental health insurer serving middle-income families

What Globe Life does

Globe Life sells life insurance and supplemental health insurance to lower-middle and middle-income families across the United States. Its policies include whole and term life, coverage for children, final expense and Medicare supplement plans, and plans that pay out for events like cancer, accidents or hospital stays. It sells directly to consumers and through independent agents and brokers.

How Globe Life makes money

Globe Life collects insurance premiums from policyholders and invests those funds until claims are paid. It earns money from underwriting margins on its life and health policies and from investment income on its portfolio.

Products & services

• Whole and term life insurance
• Children's life insurance
• Final expense insurance
• Medicare supplement insurance
• Cancer, accident and critical illness coverage
• Mortgage protection and accidental death insurance