All Life Insurance Tips

is globe life a reliable insurance company?

for life insurance

Public Comments

1. interesting.. 5 years ago my husband received mail from them. ever since he replied saying he wanted more info we have been bombarded by mailings. always check for these 2 KEY things: address (NOT PO BOX) phone number globe life does not have ANYWHERE listed either of those things, so i would do like we did...burn the stuff. a reputable company will make their contact info well known
2. Globe Life and Accident Insurance Company is rated A+ (Superior) by AM Best for financial strength. This is usually an indication that a company is a good choice; however, this rating is currently under review with a negative outlook. Taking out a policy with them is probably not a problem, but this is cause for mild concern. The bigger concern isn't the company, but the fact that you're considering buying life insurance through the mail. Life insurance is a financial tool, and is to be employed using a carefully calculated financial strategy. You don't buy life insurance from an insurance salesman (agent, whatever), and you definitely don't buy it without a face-to-face consultation with a properly qualified financial advisor.
3. Yes, they're an A rated company. However, their PRODUCTS stink, LOL, guaranteed issue whole life policies. VERY pricey. If you're at all insurable, you can get a better price shopping around with a local agent.