at a glance
- Website says 'No medical exam - simple application'
- Easier to qualify for coverage for people with health conditions.
- Narrow range of products.
Overview
Globe Life offers “simplified issue” policies for adults and children; its website says “no medical exam – simple application.” But applicants answer a few health questions and can be turned down.
The company markets directly to consumers, with a reduced pricing offer for the first month for adults. Actual rates based on different factors go into effect after the first month.
NerdWallet doesn’t score Globe for its life insurance company rankings because customer satisfaction ratings are not available: Globe isn’t included in the annual J.D. Power U.S. Life Insurance Study, which measures customer satisfaction.
More about globe life
| Types of life insurance sold | Other products |
|---|---|
Globe Life sells directly to consumers, rather than through agents. The company offers a narrow range of life insurance products for relatively small amounts of coverage — up to $100,000 of term life, $50,000 of whole life for adults and $20,000 of whole life for children.
The 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 and remains the same for the life of the policy.
Simplified issue policies like Globe’s generally cost healthy people more than standard life insurance policies, which often require medical exams and charge rates that factor in health status.
