Globe Life insurance review 2018 |

Globe Life insurance review

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Whole and term life policy options with no medical exam required.

Picking a life insurance policy goes beyond crunching the numbers. You need a policy that offers the right amount of coverage, with the flexibility to grow and adapt to your and your loved ones’ changing life circumstances.

We review one of your life insurance options with provider Globe Life to help you make an informed decision.

Minimum coverage$5,000
Terms availablePolicy until age 70, 80, 90 or 100
Payment methodsCredit or debit card, check or money order.
Medical exam requiredNo
Temporary underwriting coverageN/A


  • No medical exam required.
  • $1 first-month premium.


  • Slow claims process.
  • Terms not readily available.
  • Riders not readily available.
As of this writing, Globe Life is accredited by the Better Business Bureau, which awards it an A+ rating. Online reviews of this provider suggest that while the application process on Globe Life’s website is easy to navigate, it can be challenging to understand what’s included in your plan. Carefully review the fine print of your policy before signing off on any documentation. Some reviewers also that filing a claim with this provider is time intensive, suggesting that the process can be frustrating and complicated.

A.M. Best Company gives Globe Life an A+ rating, implying the company has strong financial stability and is able to pay out its claims.

A.M. BestA+

What is Globe Life known for?

Founded in 1951, Globe Life is one of the largest providers of individual life insurance in the US, serving more than 4.2 million active policyholders.

The company maintains an A+ rating with both the Better Business Bureau (BBB) and A.M. Best and is known for its unique policy feature that offers a $1 premium for the first month of life insurance coverage.


  • No medical exam required.Get term, whole, children’s and accidental life insurance without the hassle of doctors and medical forms.
  • $1 first-month premium.But for its mortgage protection insurance plan, Global policies come with a $1 rate for the first month of coverage.


  • Slow claims process.Customers online complain that it takes a long time for Globe Life to turnaround claims paperwork and payments.
  • Terms not readily available.Globe Life’s site doesn’t include details about terms, for instance, its term life periods.
  • Riders not readily available.If you’re interested in adding protection to your typical policy, you’ll need to discuss your needs directly with an agent to know your options.

Life insurance companies like Globe Life

Name Product Issue Ages Minimum Coverage Maximum Coverage
LadderLife™ Life Insurance
LadderLife™ Life Insurance
20 - 60 years old
Term life insurance with no policy fees and the freedom to cancel anytime. Simple application process that can get you approved for coverage instantly.
18 - 85 years old
See the most affordable quotes from 16 life insurance companies side by side. Get help and advice from a team of licensed experts.
18 - 80 years old
The easy way to compare and buy term life insurance. Get a quote in 2 minutes from more than a dozen companies.
18 - 64 years old
Customized term life insurance policies up to $2 million, no medical exam required.

Compare up to 4 providers

What life insurance coverage goes Globe Life offer?

Globe Life offers a range of protection to protect the financial future of the people you love most.

For insurance plans outside of its mortgage protection option, Globe Life charges a mere $1 rate for the first month of coverage. After that, you pay the monthly rate you qualified for.

Global Life’s range of protection plans includes:

  • Term life insurance. Coverage ranges from $5,000 to $100,000 with no medical exam starting as low as $3.49 per month. Term lengths, however, are not available online.
  • Whole life insurance. Guaranteed lifetime rates can help you build cash value on policies of up to $50,000. Plans don’t require a medical exam and come with a 30-day money-back guarantee.
  • Children’s life insurance. Starts at $2.17 per month, with coverage topping out at $20,000. Your rate is based on the child’s age and is guaranteed for life, no medical exam required.
  • Accidental benefits insurance. Guaranteed acceptance for all applicants ages 18 to 69 with coverage of up to $250,000 and a 30-day money-back guarantee.
  • Mortgage protection insurance. Helps cover your mortgage payments if you die unexpectedly. Acceptance is guaranteed, with rates starting as low as $5.50 a month and a 30-day money-back guarantee.

What’s not covered in my policy?

Your typical life insurance policy doesn’t cover every unforeseen life event. To ensure your policy can provide comprehensive coverage, explore the benefits of common policy add-ons. Globe Life doesn’t specify which riders it offers on its website, but these are a few of the common ones most insurance companies have available:

  • Children’s rider. A children’s rider can often be added to adult life insurance policies to provide life insurance protection for your children until they come of age.
  • Disability coverage. Some life insurance providers also offer disability coverage designed to replace a portion of your regular income should you become disabled or otherwise unable to earn an income.
  • Living benefits. Also known as an accelerated death benefit, this policy add-on typically offers an early release of death benefits should the policyholder be diagnosed with a terminal illness.
  • Waiver of premium rider. This add-on allows for the policyholder to temporarily waive their insurance premiums while maintaining coverage if they’re unable to make payments due to a temporary illness, injury or disability.

How can I get the best rate?

Globe Life advertises a no medical examination policy on its life insurance products. Your rate schedule is determined by your age and the type of policy you plan to purchase.

Applicants with this provider suggest that the younger you are, the better your opportunity for securing a low rate.

Still, most insurance companies look at an individual’s overall health to guide them in deciding their rate. Here are a few things they tend to look at:

  • Tobacco use
  • Treatment for alcohol or drug abuse
  • Family history of cardiovascular disease, cancer and other qualifying illnesses before age 60
  • High-risk occupation and/or hobbies
  • General health stats like weight, BMI and cholesterol
  • Driving history of moving violations or DUI/DWIs

How do I file an insurance claim with Globe Life?

To file a claim with Globe Life, you must mail your claim documents to Globe Life, including the following information:

  • Your name, telephone number and address
  • Policy number
  • Death certificate
  • Obituary
  • Coroner’s report (if applicable)
  • Police report (if applicable)

Mail this information to:

Attn: Life Claims Department
Globe Life and Accident Insurance Company
PO Box 26400
Oklahoma City, OK 73126-9809

You can follow up on the status of your claim by calling Globe Life’s customer service department at 888-650-4081 or by logging in to your account through Globe Life’s eService Center.

What other services does Globe Life offer?

Globe Life also offers Medicare Supplement plans designed to cover medical expenses not covered by Medicare, including deductibles, copayments, outpatient hospital services and physician’s costs. You can purchase a policy direct and are guaranteed acceptance regardless or preexisting conditions if you are turning 65 and apply during the six-month open enrollment period.

Bottom line

While this provider offers a variety of life insurance products and has the resources to protect you and your family in your time of need, be aware that filing a claim could be a long and frustrating process.

Know your options with other life insurance providers before applying for a policy and take the time to ensure you and your family receive the coverage you deserve. To compare insurers, policy options, riders and more, visit our comprehensive guide to life insurance.

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