Globe Life Life Insurance Review

Globe Life Insurance offers a range of life insurance products with affordable coverage amounts ranging from $5,000 to $350,000. The provider doesn't require any medical exam and has a fast approval process. Policyholders may get coverage the day they apply.

Given its relatively low coverage caps, Globe Life is ideal for those with smaller coverage needs. It offers term life and traditional whole life plans, so it may work for you whether you're looking for short-term or lifetime coverage.

However, Globe Life does not offer universal life policies, so if you're looking for the flexibility provided by this policy type, State Farm is worth checking out instead.

A recent Insurance Barometer Study by LIMRA found that 44% of American adults would struggle financially within six months of a primary breadwinner passing away. If you're looking to protect your family for the future, Globe Life may offer policies that are a good fit for your needs.

Term life insurance offers protection for a specified period of time or term. It is often more affordable and cost-effective than other types of life insurance. Unlike permanent life insurance policies, term life plans do not build up cash value and only pay out the death benefit if the insured passes away during the policy term.

Term life insurance policies are best for those looking for affordable, straightforward coverage for a specific amount of time. This type of insurance is ideal for young families who need coverage for a specific time period, such as to pay off financial obligations like a mortgage or to provide income for children until they are grown. Homeowners and individuals with a high-risk lifestyle may also find that a term life policy works for their needs.

Whole life insurance is a type of permanent life insurance that provides coverage for your entire life.

Whole life insurance policies are suitable for individuals who want permanent life insurance coverage, as they provide a guaranteed death benefit no matter when you pass away. They also build cash value over time, which may be attractive to those who want to invest and grow this value.

Final expense insurance is best for seniors and is designed to provide coverage for end-of-life expenses such as funeral costs and medical bills.

Life insurance riders can be added to your life insurance policies for an additional cost. They provide protection beyond the base policy. Globe Life offers the following rider:

The following sections include guides on how to purchase life insurance from Globe Life and what to do if you are denied coverage.

We've compiled some of the most frequently asked questions about Globe Life Life Insurance to help you as you weigh your options.