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Globe Life And Accident Insurance Company

Globe Life and Accident Insurance Company, founded in 1951, is a prominent insurance provider in the United States. With over 70 years of experience, the company offers a range of life insurance and supplemental health insurance products to individuals and families across the country. In this article, we will delve into the company’s history, product offerings, pricing, and customer service, providing a detailed comparison of its plans and features.

History and Financial Stability

Globe Life and Accident Insurance Company has a rich history, with its roots dating back to the early 1950s. The company has grown significantly over the years, with a strong financial foundation. Globe Life is rated A (Excellent) by A.M. Best, a leading independent rating agency, indicating its financial stability and ability to meet policyholder obligations.

Product Offerings

Globe Life and Accident Insurance Company provides a range of insurance products, including:

Life Insurance

  • Term Life Insurance
  • Whole Life Insurance
  • Universal Life Insurance

Supplemental Health Insurance

  • Accident Insurance
  • Cancer Insurance
  • Critical Illness Insurance
  • Hospital Indemnity Insurance

Plan Comparison

PlanTerm LengthDeath BenefitCash Value Accumulation
Term Life5, 10, 15, 20, 30 yearsYesNo
Whole LifeLifetimeYesYes
Universal LifeLifetimeYesYes


Globe Life’s pricing varies depending on the product, term length, and individual factors such as age, health, and location. Here’s a sample premium rate comparison for a 35-year-old male non-smoker:

PlanMonthly Premium
Term Life (10-year term)$15.50
Whole Life$63.75
Universal Life$50.00

Customer Service

Globe Life and Accident Insurance Company prioritizes customer service, offering:

  • 24/7 Customer Support
  • Online Policy Management
  • Mobile App for Easy Claims Filing

Pros and Cons


  • Strong financial stability
  • Variety of insurance products
  • Competitive pricing
  • Excellent customer service


  • Limited online quotes and applications
  • Some products have limited coverage options


Globe Life and Accident Insurance Company is a reputable insurance provider with a long history of financial stability and customer satisfaction. While it may have some limitations, its range of products and competitive pricing make it a solid choice for individuals and families seeking life insurance and supplemental health insurance coverage.