Globe Life Insurance Application: How To Apply For Coverage

Globe Life Insurance Application Process is very simple and straightforward. All you need to do is to read this information very well to understand every bit of it.

Everything You Need To Know About Globe Life Insurance

Globe Life Insurance is based in McKinney, Texas and is known for offering life insurance, supplemental health insurance, and other financial products like annuities. Founded in 1951, they were initially a subsidiary of Liberty National Life Insurance and are now part of Torchmark Holdings. Globe Life Insurance sells its products directly through its website as well as through captive agents.

What Kind of Policies Does Globe Life Insurance Offer?

Globe Life Insurance offers a number of different types of life insurance policies. They specialize in policies that do not require a medical exam. They often market their products to those who have chronic health conditions or who otherwise might not get approved for a life insurance policy.

1: Term lifeTerm life policies provide coverage for a specific amount of time. Globe Life offers term coverage without a medical exam, with coverage ranging from $5,000 to $100,000. This is much lower than the term life insurance benefits you would get with other companies. Their term structure is also much different than other companies.

Their terms last for five-year increments, and you have the option to renew at the end of each five-year cycle. There are age limits to some of their term life insurance policies, so it’s important to keep an eye out for those if you sign.

2: Whole life: Whole life policies are designed to provide coverage for your entire life without expiring. Globe Life offers whole life insurance with limited death benefits for the purposes of final expense coverage. They offer whole life policies up to $25,000 for funeral costs and other end-of-life expenses.

These policies are available without a medical exam, although they are not guaranteed issue. These policies also have a cash value portion, although it isn’t added to the death benefit when you die. Instead, you can opt to borrow against the cash value while you are alive if you need it.

3: Children’s life: Global Life offers life insurance policies for children. These policies are designed to offer ongoing coverage as the child grows up. Once the child reaches adulthood, they can opt to continue paying the premiums themselves. The potential advantage of purchasing a life insurance policy at a young age is that the rates are much lower, so you can lock in a low premium for an extended period of time.

4: Accidental death: While not technically a form of life insurance, many people use accidental death coverage for a similar purpose. Globe Life offers accidental death coverage of up to $250,000. The death benefit increases as you get older.

They also offer guaranteed acceptance for most customers, so you won’t have to worry about answering health questions or taking an exam. However, accidental death coverage will only pay under specific circumstances that qualify as an accident, like a car crash. If you die from an illness or another circumstance that doesn’t fit their criteria, your beneficiaries will not receive a payout.

Globe Life Insurance Application Steps

You can click here and select the type of policy you want to apply. It just takes a few minutes to complete the simple application. Once you apply and are approved, they will send your policy to you in the mail so you can review it and file it with your important paperwork.

Globe Life Insurance Application Steps

How To Contact Globe Life Insurance

You may contact Globe Life by writing to the address below, or by calling or emailing a specific department.

Mailing Address

Globe Life
3700 S. Stonebridge Drive
McKinney, TX 75070

Toll-free Customer Service

Phone: 1-866-298-9115

Customer Service

Monday to Friday 8:00am – 5:00pm Central
Email: [email protected]

Agent Contracting

Phone: 1-469-617-4400
Email: [email protected]

File a Claim

For details about filing claims, please visit their claims page.

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