Founded in 1951, Globe Life offers a mix of term and permanent life insurance. The company highlights its initial low cost, with $1 buying your first month’s coverage — but that cost quickly increases.

Formerly known as Torchmark, Globe Life also sells policies through subsidiaries including American Income Life, Liberty National Life, United American and Family Heritage Life. It’s headquartered in McKinney, Texas, and has life insurance agents across the country.

» MORE: Compare life insurance quotes

Why you can trust NerdWallet: Our writers and editors follow strict editorial guidelines to ensure the content on our site is accurate and fair so you can make financial decisions with confidence and choose the products that work best for you. Here is a list of our partners, and here’s how we make money.

Globe Life insurance
3.0NerdWallet rating 
Globe Life earned 3 stars out of 5 for overall performance. NerdWallet’s ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.

» MORE: Best life insurance companies in 2023

Globe Life insurance policies
Globe Life sells a range of life insurance policies online and through its network of agents. None of the policies requires a medical exam.

Term life insurance. Get $5,000 to $100,000 of term life insurance that usually lasts one to 30 years.

Whole life insurance. If you need lifelong coverage, you can buy a whole life insurance policy worth $5,000 to $50,000. It builds cash value over time, and once you’ve accumulated enough, you can begin taking out loans against your policy.

Child whole life insurance. Globe Life allows you to purchase $5,000 to $30,000 in whole life insurance for your child.

Final expense insurance. Designed to cover end-of-life costs, this burial insurance policy requires you to fill out a health questionnaire.

Globe Life’s pricing can include a reduced rate in the first month. The rate after that is based on the insured person’s age when the policy takes effect.

» MORE: Best life insurance for children

Globe Life customer complaints and satisfaction
Over three years, Globe Life has drawn far more than the expected number of complaints to state regulators for a company of its size, according to a NerdWallet analysis of data from the National Association of Insurance Commissioners.

Globe Life ranked No. 2 out of 22 companies for customer satisfaction in J.D. Power's 2022 U.S. Individual Life Insurance Study
[1]
.

How Globe Life compares to other insurers
Globe Life

Transamerica

Foresters

Star rating

3.0NerdWallet rating 
3.0NerdWallet rating 
3.0NerdWallet rating 
Financial strength

Strong.

Strong.

Strong.

NAIC complaints

Far more than expected.

Far more than expected.

More than expected.

J.D. Power ranking

#2 out of 22.

#21 out of 22.

N/A.

Policy types offered

Term, permanent, no-exam.

Term, permanent, no-exam.

Term, permanent.

Read full reviews

Transamerica life insurance review

Foresters life insurance review

» MORE: How to use life insurance financial strength ratings

More about Globe Life
There’s limited policy information on Globe Life’s website. To learn more about its coverage, you’ll need to provide your contact details or reach out to an agent.

If you already have a life insurance policy with Globe Life, you can pay premiums, set up automatic payments and add coverage via the Apple or Android app.

To file a life insurance claim, you’ll need to download and mail a form along with supporting documents.

In addition to life insurance, Globe Life also offers:

Accidental death insurance.

Mortgage protection insurance.

Supplemental health insurance, including critical illness insurance, hospital insurance, cancer insurance and accident insurance.

Find the right life insurance plan for you
Make sure you and your loved ones are covered - compare customized life insurance quotes from our partners.

Life insurance buying 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 of time. 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.

For more guidance, see our life insurance buying guide.

Life insurance ratings methodology
NerdWallet’s life insurance ratings are based on consumer experience, complaint index scores from the National Association of Insurance Commissioners for individual life insurance, and weighted averages of financial strength ratings, which indicate a company’s ability to pay future claims. Within the consumer experience category, we consider ease of communication and website transparency, which looks at the depth of policy details available online. To calculate each insurer’s rating, we adjusted the scores to a curved 5-point scale.

These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines.

Insurer complaints methodology
NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2019-2021. To assess how insurers compare with one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Ratios are determined separately for auto, home (including renters and condo) and life insurance.