Globe Life: Life Insurance for Adults & Children

History of Globe Life And Accident Insurance Company

 
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The company began over a half century ago in 1951 when two men had an idea for starting a business. After getting approved for loans totaling $60,000, they planned to open an insurance agency and conceived the name:

'Globe Life And Accident Insurance Company'

Their venture began when the founding fathers determined their agency would market affordable but dependable life insurance protection to Americans who were living in rural areas. Eventually, using their loans, they opened shop in the Oklahoma communities as an insurance agency where they built and guarded their reputation of fairness. As admiration for the integrity of their business dealings grew, their enterprise became a success. In 1964, after 12 years, Globe employees began to market affordable life insurance to their customers in 36 states. During the span of 50 years, Globe Life and Accident Insurance Company grew into a position of prominence within the insurance industry. In fact, the company now has 3.3 million policies in force, and over $30 billion of insurance with $1.4 billion in assets.

Name Recognition

Globe Life's success can largely be credited to the fact that customers recognize the company name, including many of them who are aware that their parents and grandparents held policies with Globe.

Same Management Team

Besides having this enviable reputation, the same management team has been employed by Globe for almost 20 years; the invaluable collective experience assures that all the associates assume responsibility for providing quality service to customers, even after the initial purchase has been finalized. Also, as an industry leader, Globe maintains up to date technology and administrative systems that both anticipate, manage and satisfy any needs that may surface in regard their customers.

A+ Rating

Globe Life And Accident Insurance Company has an A+ (Superior) rating, which is the second-highest awarded out of thirteen possible ratings. Based on the latest analysis of their financial strength, management skill and integrity, this rating assures customers that first and foremost, Globe Life is committed to providing every policyholder with a lifetime of superior service.

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