Is Globe Life Insurance Legitimate?

  1. 0 POINTS
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    David RacichPRO
    Fountain Hills, Arizona
    Globe Life Insurance is a small 3 billion asset life insurance company with ratings from the following rating services. A.M. Best (Best's Rating, 15 ratings) A+ (2), Standard & Poor's (Financial Strength, 20 ratings) AA- (4), Moody's (Financial Strength, 21 ratings), Fitch Ratings (Financial Strength, 21 ratings) A+ (5), Comdex Ranking (Percentile in Rated Companies) 92 Asset Analysis as of July 3, 2013.
     
    Answered on July 3, 2013
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  2. 5877 POINTS
    Stan Cox II
    Insurance Adviser - Broker, SC Insurance Services, Oahu, Hawaii
    Hah! Interesting question and it makes me wonder what you've heard... Globe Life Insurance Company is indeed a registered insurance company so it conforms to the standards of practice mandated by the law. Therefore it is a legitimate company. I have heard some things about their products and service that make me wonder if they are a good choice, but I have had no personal experience with them. I always recommend that you consult with an insurance adviser/ broker that can explain the different products and their benefits and drawbacks to you before you decide which way to go.
    Answered on August 5, 2015
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