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Globe Life is a direct-to-consumer life insurer offering basic policies for term life insurance, whole life insurance, and children’s life insurance. A medical exam is typically not required for Globe Life’s products; instead, underwriting relies on application responses and third‑party data checks (for example, prescription history, MVR and MIB reports, and increasingly electronic health records), a mainstream approach many carriers use through accelerated or simplified underwriting programs (Deloitte 2024 insurance outlook; MIB Life Index). Coverage limits are modest compared with fully underwritten competitors: Globe Life’s term life generally caps at $100,000, adult whole life up to $50,000, and children’s whole life up to $30,000, with accidental death insurance up to $250,000 (Globe Life Term Life; Globe Life Whole Life; Children’s Life; Accidental Death). By contrast, many major carriers offer fully underwritten and accelerated-underwriting term policies with limits in the $1–$10 million+ range (for example, Legal & General America/Banner Life). For small coverage needs and fast, no‑exam decisions, Globe Life can be a convenient fit.
Today, Globe Life says it serves more than 17 million policyholders across its family of companies. In its most recent audited filings, the company reported life insurance in force in the mid‑$240 billions at year‑end 2024, with a modest increase reported in subsequent 2025 quarterly materials (SEC EDGAR filings; Globe Life investor news releases). Globe Life and Accident Insurance Company carries an A+ rating from the Better Business Bureau (BBB) as of 2025 (BBB). Recent earnings updates indicate year‑over‑year growth in both net life and net health sales alongside rising premium revenue (latest quarterly results).
Globe Life Insurance Overview
*J.D. Power’s 2024 U.S. Individual Life Insurance Study. Based on a 1,000-point scale
Globe Life best for: Hassle-free approval
Benefits
Fast, no‑exam underwriting is a key draw. Like many carriers, Globe Life typically makes eligibility decisions using alternative evidence sources rather than scheduling paramed exams, which can shorten the process to minutes or days for eligible applicants (Deloitte). These programs leverage data such as Rx histories, MVR and MIB checks, and in some cases electronic health records to assess risk while minimizing friction (MIB Life Index).
Globe Life’s product lineup emphasizes simplicity and fixed premiums: adult whole life offers permanent coverage up to $50,000, children’s whole life typically up to $30,000, and term life up to $100,000 (amounts vary by age and state). These smaller face amounts can fit final‑expense needs or basic income‑replacement gaps at accessible price points (Whole Life; Children’s Life; Term Life).
Drawbacks
Coverage ceilings are low versus the broader market. Many fully underwritten and accelerated-underwriting term policies from large carriers allow $1–$10 million+ face amounts (subject to underwriting and financial justification), while Globe Life’s term tops out at $100,000 (example competitor ranges; Globe Life Term). Also note that recent regulator data show multiple Globe Life subsidiaries with complaint indices above the industry average (index > 1.00) in the latest NAIC Consumer Information Source data, indicating more complaints than expected for market share (NAIC CIS; Forbes Advisor review citing NAIC).
Globe Life Insurance vs. The Competition
| AM Best Financial Strength Rating | J.D. Power 2024 U.S. Individual Life Insurance Study Score | NAIC Customer Complaints | |
| Globe Life | A+ | See 2024 study | More complaints than average (index > 1.00) |
| Northwestern Mutual | A++ | See 2024 study | Fewer complaints than average |
| State Farm | A++ | See 2024 study | Fewer complaints than average |
| Nationwide | A+ | See 2024 study | Fewer complaints than average |
| New York Life | A++ | See 2024 study | Fewer complaints than average |
| Mutual of Omaha | A+ | See 2024 study | Fewer complaints than average |
| Principal | A+ | See 2024 study | Fewer complaints than average |
The Bottom Line
Globe Life is best suited for buyers who want small, straightforward coverage with fast, no‑exam approvals. It serves a large customer base—more than 17 million policyholders—and reports life insurance in force in the mid‑$240 billions at year‑end 2024 (SEC filings). But its low coverage caps and above‑average complaint indices for several subsidiaries (NAIC CIS) make it less suitable for shoppers who need higher face amounts or prioritize top-tier customer satisfaction. If you require six‑ or seven‑figure protection, consider fully underwritten or accelerated‑underwriting term from major carriers that offer $1–$10 million+ limits (example).
Globe Life Insurance FAQ
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