Globe Life Insurance Review

Globe Life’s monthly premium is $40, significantly less than the standard range of $50 to $100. If you require a $30k children’s whole life insurance policy and a $100k term life insurance policy immediately, you may save $1 on each policy for the first month. To understand more about Globe Life Insurance, read our Globe Life Insurance Review.

Detailed Globe Life Insurance

Globe Life Insurance Review - Globe Life Insurance Logo
  • Medical. Not needed. Just simple application
  • Policies Offered. Term and Whole
  • Coverage Maximum. $100,000
  • Length of Term. 5 years

Pros and Cons of Globe Life Insurance


  • A no-examinations policy
  • Starter programs start at around $5,000 per year.
  • A 30-day money-back guarantee is included, as is an extensive trial period.


  • Benefits are capped at $50,000 in the case of disability or $100,000 in the event of death.
  • There is a dearth of data about the riders.
  • Customer care agents can be reached via phone on weekdays during regular business hours.
  • Delays in resolving claims and poor customer service.
  • Conversion of term life insurance policies is not possible.

Factors that affect Globe Life insurance rates

Globe Life does not offer guidance on how to obtain the best online pricing. You can acquire a better price even if your medical history is requested, but this will do nothing. However, if you accept a quotation, your rates may alter.

Following are some sample questions to give you an idea of what to expect when obtaining a pricing quote:

  • Disability. No, I am not confined to a wheelchair due to my disability.
  • A potentially fatal condition. Has anybody in your family been diagnosed with cancer, heart disease, or another major illness in the recent three years?
  • Persistent illness. Will you require therapy or surgery in the future for a long-term medical condition?
  • As a driver, you have a reputation. Have you recently had your driver’s license revoked or suspended?

How to get a quote from Globe Life insurance

You may apply for a job online or by phone at (800) 742-6787. New Yorkers will receive an email with their coverage options within two weeks of filing an online application.

  1. On the front page of the website, you may choose a policy type and enter your contact information (name, address, phone number, and range of age). Utilize the Submit button to complete the transaction.
  2. After selecting the desired level of coverage, click the Continue button.
  3. Questions on health and lifestyle are asked. The following step is to click the “Continue” button.
  4. You will be shown a selection of quotations. Enter your coverage information and, if required, click Continue.

Globe Life offers term and permanent life insurance

Globe Life offers only the most fundamental insurance products, such as term life and whole life, which provide the best investment returns. Additionally, Globe Life’s plans do not need a medical examination.

  • Term life. Term insurance policies range in price from $5,000 to $100,000 and provide coverage for a specified period of time.
  • For the remainder of my years. You may get life insurance for as little as $50,000, and the policy’s value rises over time. Additionally, your insurance premiums will remain constant during your policy.
  • The futures of children are at risk. This insurance will only pay out up to $30,000 in the case of a claim. A single dollar covers the first month’s cost, and monthly rates afterwards are determined by the child’s age at the time of purchase.
  • Insurance to reimburse incurred expenditures in the past. These plans, referred to as burial insurance, are frequently less expensive than term or whole life insurance since they cover solely the ultimate expenses of the deceased, such as funeral costs.

Does Globe Life offer burial insurance?

Yes. Additionally, it is a type of burial insurance offered through Globe Life’s guaranteed acceptance policy. Seniors 65 to 80 years of age can pick between $3,000 and $15,000. It increases in monetary value over time.

Unlike most other last expenditure plans, Globe Life does not need a waiting period for the death payout.

Globe Life insurance riders

When compared to the websites of other insurance providers, Globe Life’s web add-ons information is sparse. If you’re looking for a higher death benefit or lower rates, you may need to look elsewhere.

However, there are a few exceptions for group life insurance policies for government employees:

  • A rider who died in an accident. In the event of the policyholder’s death as a result of an accident, an extra payout is provided.
  • Riders under the age of 18 are not required to pay. A predetermined sum is paid in the event of your child’s death.
  • Make a deposit into the account. This rider places monies in an interest-bearing account for the duration of the insurance.

Globe Life insurance reviews are mixed

Globe Life received the best possible rating from the Better Business Bureau for customer service. Recently, there have been several concerns concerning the firm’s poor communication and failure to honor claims. AM Best A is the business’s highest possible grade.

How Globe Life compares to other insurers

In comparison to other firms, Globe Life does not need tests for all of its plans and only offers one no-exam option. The $5,000 death benefit and five-year term life insurance policies offered by this firm are ideal alternatives if you want only a little amount of coverage to pay off small debts or cover burial expenses.

Globe Life, on the other hand, may offer greater coverage at a reduced price. In comparison to other policies, this one has a maximum death benefit of $100,000, whereas others can pay up to $250,000 or $500,000.

Globe Life charges $37 for a $100,000, 20-year term insurance policy on a 30-year-old guy, more than twice the national average of $17 for a $250,000 policy. Bear in mind that the majority of other businesses need a medical examination as part of the application process for term insurance.

Visit our review of Global Atlantic Life Insurance Review for one more insurance review.

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