When you shop for life insurance it’s a good idea to learn everything you can about the particular company that you plan to use when purchasing your policy.
Having said that I’m going to give you a helping hand by providing a brief review on Globe Life Insurance so you can see whether or not you would like to use the services of this insurance company.
Globe Life Insurance Company Overview
Globe Life Insurance Company was originally founded in 1951. The company’s home office is located inOklahoma City. As an insurance provider, the company now currently serves over 3.8 million policy holders and has more than 6o billion dollars worth of insurance in force.
Globe Life Insurance Company is a wholly owned subsidiary of Torchmark Corporation. Torchmark is an S&P 500 company and is traded publicly over the New York Stock Exchange.
The services and products offered by Globe Life include children’s life insurance, adult life insurance, accidental death insurance, mortgage protection plan, and child’s safe kit and Medicare supplement.
Financial Strength of Globe Life Insurance Company
One of best ways to determine the financial of a publicly traded company is to find out how it is reviewed by rating companies. The reason you look into this is so that you can verify the financial health of the insurance company to ensure it will be able to make good on any claims made against the company by its policyholders which includes you as well.
There are a number of rating companies including A.M. Best, Fitch, and Moody’s – just to name a few who closely scrutinize the stability of a company.
How does Globe Life Insurance rate with these rating companies? As of June of this year, Globe Life Insurance was rated by A.M. Best as having an A+ rating which is a very positive rating and suggests that the company is very financially stable.
Life Insurance Products Provided by Globe Life Insurance Company
Globe Life Insurance Company offers the following life insurance policies to its clients…(continues of page 2)