All Life Insurance Tips

Has anyone tried Globe Life Insurance? They're always sending brochures to the house in the mail.?

Well, they claim you can get insured for one dollar without taking a medical exam. I was just curious if there was a catch and if anyone had tried the company and if anyone had been paid satisfactorily when that time came for death benefits?

Public Comments

1. Yeah you get the first month for $1. Plus you should read the terms carefully because there are some plans that require you to be alive for at least a year before you die with the policy to get your survivors benefits. But those are usually term life insurance plans. Globe Life has other life insurance plans that are good to choose from. You do not have to use their $1 promotion life insurance plan to get a good deal because they have some programs as low as $5.00 a month.
2. Globe life is the Ins, I'm trying to get rid of (accident and dismemberment) Term life is also one to get all information before buying,there is no money back or transfer to whole life, you will lose your money if you just drop the policy. Sad but true.
3. Globe is an OK company, but you can get a much better deal by going through a local agent. More insurance for the same amount of monthly premium. I recommend that you contact a local agent, and have him/her do a free Financial Need Analysis (FNA) or another Total Need Program to help you determine the correct amount of life insurance for your particular circumstance. The FNA will also help you determine if you need Disability Insurance in the event that you are injured or ill and can't work. Statistics prove that the risk is greater of being disabled before age 65, than dying.