Globe Life Insurance Review In 2022

 Globe life despite its very minimal cost and no medical exam policy still manages to bag more complaints than expected for a company its size.
 Let’s go into Globe Insurance reviews to find out why they seem to battle with customer satisfaction and if truly they are worth it having life insurance coverage with them.

What is Globe Life?

Globe Life is an insurance company dedicated to providing life and supplemental health insurance to protect you and your loved ones from the financial problems that arise during unfortunate events. 

It makes sure to make available convenience to purchase the product that suits your needs.

Globe life Insurance Reviews- Legit or Scam 

Globe life is based in McKinney Texas and it makes life and health insurance coverage available throughout the nation operate.

Through its only branches providing life insurance annuity and supplemental health insurance products life is indeed legit because it has been in existence and business for over 40 years.

Iit’s earned an independent rating with companies such as am best and better business real BBB.

Globe Life Insurance Review- How it works

Globe Life offers whole life insurance, term life insurance with no medic, al exam, and accidental death insurance. Read on to learn about each of these products and how Globe Life’s quotes compare. 

 If you’re in search of final expense insurance with limited underwriting, perhaps because you have a health issue, Globe Life offers a variety of products suited to this particular need.

However, if you’re healthy or want a larger death benefit for income replacement once you pass, we recommend that you compare quotes from other insurers, as you’ll get better prices and a wider set of options elsewhere.

Globe Life only offers coverage with no medical exam so, if you’re healthy, you’ll pay higher rates for the same death benefit than you would at an insurer with full underwriting.

In addition, their term life policies have a maximum term length of 5 years, so if you know that you want coverage for some time, you’ll pay higher premiums on average since the cost increases each time you renew coverage.

Globe Life Insurance Coverage- Types

Globe Life has five different life insurance plans. None of its policies require you to undergo a medical exam. However, you can still be denied because of your health history based on your application.

While you can get a quote online with some policies, you’ll have to call Globe Life directly to get a finalized rate and purchase your policy. 

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Accidental Death

Globe Life’s accidental death life insurance policy is intended to supplement your other life insurance coverage. It provides up to $250,000 for covered accidental deaths or losses. 

The policy includes these features: 

1. Inflation benefit:

Every year the policy is in force, the primary insured’s benefit will be increased by 5% until the principal benefit is equal to 125% of the initial principal benefit or until the principal insured turns 70, whichever is earlier. 

2. Seatbelt benefit:

If the primary insured is killed while operating or riding in a car and wearing a seatbelt, Globe Life will pay an additional 10% of the insured’s principal benefit. 

3. Education benefit:

If the primary insured passes away due to a covered accident, Globe Life will pay an additional 10% for each dependent child between 15 and 22. This benefit is available only on the family plan and capped at $10,000. 

4. Common disaster benefit:

If the primary insured and their insured spouse both die in a common accident, the insured spouse’s death benefit will be increased to 100% of the primary insured’s principal benefit. 

5. Dismemberment benefit:

Globe Life will pay a benefit for the loss of a hand, foot, or eye. 

6. Paralysis benefit:

The paralysis benefit covers quadriplegia, paraplegia, and hemiplegia.

Commercially scheduled airline benefit: If the principal insured dies from bodily injuries received while flying as a fare-paying passenger on a commercially scheduled airline.

Globe Life will pay an additional benefit amount equal to the insured’s principal benefit.

You can also opt for an accidental death family plan, where the principal benefit for the spouse and any dependent children will be equal to a percentage of the primary insured’s principal benefit at the time of the accident.

Spouse’s benefits are equal to 60% of the primary insured’s benefits. Children’s benefits are equal to 10% of the primary insured’s benefits if there is a spouse and 20% of the primary insured’s benefits if there isn’t a spouse. 

Accidental death policies are guaranteed issue policies, meaning you cannot be denied because of your health if you’re between 18 and 69. However, you should carefully read the criteria for covered accidents to make sure you understand when Globe Life would pay out a death benefit.

Globe Life Reviews- Good And Bad

  • With its Globe life, you can get coverage without undergoing a medical exam. You still will have to answer questions about your health, but you don’t need to make an appointment and visit a doctor to get insurance
  • Globe life gives a 30-day refund opportunity. If you decide to quit your insurance policy for any reason with 30-day of signing you can cancel it and get your money back
  • Globe life doesn’t have a waiting period. Your insurance begins as soon as you sign your coverage
  • It offers coverage of funerals and other end of life costs
  • Globe life has policies for children and adults of all ages
  • Globe life covers a wide range of accidental death benefits
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Read: How Much Life Insurance Do I Need? | Full Guide


  • Globe life Insurance has a significantly higher than average number of consumer complaints. Most complaints were about how policies and claims were handled
  • With Globe life’s term, life insurance policies your premiums increase as you age into new five-year age periods. The increase can be very high causing premiums to be expensive.
  • While many life insurance companies offer guaranteed issue whole life policies (meaning policies that don’t require you to answer health questions or undergo medical exams), Globe Life doesn’t have guaranteed issue whole life plans. You have to pass Globe Life’s underwriting processes to qualify for a policy.
  • Relatively low maximum benefits 
  • Policies that are more expensive than term life insurance 
  • Income replacement for large death benefits

Globe Life Consumer Reviews

 Globe Life is a legitimate life insurance company with an A+ rating from A.M. Best, it has a disproportionate number of consumer complaints.

Its 2016 NAIC Complaint Index, which measures the number of complaints a company receives against its size, was 5.10. The national median is 1.0, which means Globe Life gets many more complaints than expected for a company its size.

It received 2.83% of all complaints in the individual life insurance industry, even though it only makes up 0.29% of the market.

Many of Globe Life’s customers said they had challenges contacting customer service or getting satisfactory help. The company’s sales team, on the other hand, is incredibly persistent about calls and sending materials.

If you have a life insurance policy, make sure your beneficiary has the information necessary to file a claim and details of your premium payments.

Some Globe Life customers said their parents failed to make payments because of illness or dementia, and they had trouble reinstating coverage after the policy lapsed.

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You don’t want to spend years paying for benefits your family doesn’t receive once you die.

Globe Life Insurance Guide

Before you start comparing companies, choose the type of life insurance you want, such as term or whole life. Decide which life insurance riders, if any, you want the policy to include.

Calculate how much life insurance you need and how long you want the coverage to last. Check that the insurers you’re considering offer the coverage you’re looking for.

When comparing rates, be sure the quotes are for the same amount of coverage over the same period. It’s also important to make sure the policy’s medical requirements match your needs.

For example, if you want to skip the life insurance medical exam but don’t mind answering health questions, confirm that the application process for each policy you’re comparing aligns with that.

Price may not be the biggest driver behind your decision to buy. Look at the number of consumer complaints each company receives, as high numbers can be a red flag about the quality of service

Globe Insurance Review- How to start

You can register with Globe Insurance if you are between the age of 65 and 80 and interested in Guaranteed Acceptance Life Insurance. The number to call 800-581-9700 to apply or put a call through to 800-831-1200.

You can request a quote online or call an agent directly and can also apply for a policy by mail. Here’s a look at the life insurance coverages available through Globe.

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Globe Insurance Review- How to Cancel 

You can cancel your globe life insurance policy by calling their customer care department to voice your concerns or reason complain call 1-888-650-4082 from your phone.


Globe life insurance review 2022 seeks to help you find the right choice when it comes to life insurances. So put an eye out and choose what rightfully works for you.



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