Globe Life Insurance covers millions of policies and claims to offer $100,000 of coverage for just $1 per month, but what’s the catch? According to Globe Life Insurance reviews, the company has numerous drawbacks, especially when compared to our top carriers.
We’ll go over every life insurance option from Globe Life, the rates you can expect, and the reviews from third parties and customers. If you’re thinking about getting a Globe Life Insurance policy, this is what you’ll need to know before making your purchase.
If you’re interested in burial insurance, contact Final Expense Benefits. We only partner with top-rated companies, so you can be assured the plan you pick will provide you with the best coverage. Call us at (866) 786-0725, Monday through Friday, 9 a.m. to 5 p.m. ET.
Key takeaways
- Globe Life Insurance advertises that $1 can buy $50,000 to $100,000 in coverage, but they don’t disclose that the premium is only available for one year before it increases.
- Compared to competing providers, Globe Life Insurance’s coverage maximums are lower than the market average
- Globe Life Insurance offers term, whole, burial, children’s, and accidental death insurance.
- Despite third-party accreditation, online reviews and complaints reflect an overwhelmingly negative view of Globe Life Insurance.
What is Globe Life Insurance?
Founded in 1951, the Globe Life and Accident Insurance Company’s goal was to offer inexpensive and reliable insurance coverage to rural Oklahoma communities. In 1980, Globe Life Insurance was acquired by Liberty National, and their headquarters moved to McKinney, Texas.
Today, Globe Life Insurance stands among America’s largest insurers, currently valued at $29.1 billion by Forbes as of November 2025.
Globe Life Insurance Explained
Globe Life Insurance offers burial, whole, term, children’s, and accidental death insurance. Here’s what you can expect from each policy:
Globe Life Burial Insurance
1
Burial insurance, also known as final expense insurance, is a low-cost life insurance policy that covers end-of-life expenses, such as funeral costs and medical bills. Burial insurance is a whole life insurance plan, so policies last until the policyholder’s death. Other benefits include cash value growth and locked-in rates at policy issuance.
Globe Life Insurance claims to offer a burial policy. However, their burial insurance is their term life policy repackaged. Term life insurance is not an ideal choice for seniors, as they may outlive their insurance coverage. Globe Life’s coverage ends at 90 and can’t be extended, making it an unideal choice for seniors.
Unlike most final expense plans, Globe Life’s burial insurance policies have premium rates that increase over time and do not accumulate cash value. Rates can sometimes exceed $1,000 monthly, far more than you should pay for burial insurance.
Globe Life Whole Life Insurance
2
Unlike Globe Life’s burial insurance, the Globe Life whole life policy is fairly standard. Rates for these plans are fixed at the policy’s start and won’t increase as the policyholder ages, and the policy will begin immediately, with no waiting period. A portion of the monthly premium is set aside to help the policy’s cash value grow over time.
However, Globe Life’s whole life benefits are low, with a maximum of $50,000 for adults, and they must answer a medical questionnaire, which can disqualify those with pre-existing conditions.
Globe Life Term Life Insurance
3
The primary use of term life insurance is to provide an affordable cash backup for young adults and working families in case of a disaster. Term life policies are typically 10 to 30 years, with the option to continue coverage on another term or as whole life insurance.
Globe Life treats term life insurance as a specialty, but its policies aren’t particularly competitive. Their insurance rates increase every five years, which is abnormal. Typical term life policy rates will only increase if the term ends and the policy is renewed.
Globe Life Children’s Life Insurance
4
Globe Life offers children’s life insurance as a whole life option. Their rates are relatively standard, and they offer the same benefits as their whole life policies for adults. However, the maximum benefits are $30,000 instead of $50,000, which is more than enough for a child.
Globe Life Accidental Death Insurance
5
Accidental death insurance is a common supplementary life insurance for individuals working high-risk jobs. It is typically cheaper to purchase accidental death insurance than other whole life policies, as it only pays the death benefit to the policyholder should they pass away in an accident.
How Much Does Globe Life Burial Insurance Cost?
Despite their advertising, Globe Life Insurance does not have burial insurance policies for sale. Instead, the company offers optional burial riders, which function like term life insurance.
Aside from not having proper burial insurance plans, Globe Life Insurance also offers little information on the cost of its policies. The company advertises that applicants will only be charged $1 for $50,000 to $100,000 worth of coverage. However, the claim refers to an introductory rate for one month.
Following the one month, insurance rates are adjusted and increase according to the policyholder’s age and health. Here are the sample rates you can expect from Globe Life Insurance:
Globe Life Term Insurance Rate Chart
| Coverage Amount |
Male 50y/o |
Male 60y/o |
Male 70y/o |
Male 80y/o |
Female 50y/o |
Female 60y/o |
Female 70y/o |
Female 80y/o |
|---|---|---|---|---|---|---|---|---|
|
$5,000 |
$9.88 |
$15.40 |
$26.43 |
$44.83 |
$7.35 |
$11.02 |
$16.67 |
$28.75 |
|
$10,000 |
$17.30 |
$27.56 |
$48.57 |
$85.02 |
$12.23 |
$19.37 |
$30.64 |
$54.20 |
|
$20,000 |
$32.14 |
$51.88 |
$92.84 |
$165.41 |
$22.25 |
$36.29 |
$59.00 |
$105.09 |
|
$30,000 |
$46.97 |
$76.20 |
$137.12 |
$245.80 |
$32.05 |
$52.88 |
$86.83 |
$155.98 |
|
$50,000 |
$76.65 |
$124.84 |
— |
— |
$50.78 |
$84.67 |
— |
— |
Note that these policies are for term life policies and assume healthy individuals with no pre-existing conditions are applying.
Sample Burial Insurance Rates from Top Carriers
| Company |
Male 50y/o |
Male 60y/o |
Male 70y/o |
Female 50y/o |
Female 60y/o |
Female 70y/o |
|---|---|---|---|---|---|---|
|
$34 |
$50 |
$70 |
$27 |
$40 |
$56 |
|
|
$32 |
$59 |
$105 |
$27 |
$46 |
$79 |
|
|
$31 |
$44 |
$75 |
$24 |
$33 |
$53 |
|
|
$34 |
$45 |
$79 |
$29 |
$35 |
$59 |
|
|
$34 |
$45 |
$79 |
$29 |
$35 |
$59 |
For $10K policies with non-smoking applicants and no-pre-existing conditions.
Get familiar with final expense insurance, call a representative at (866) 786-0725 and be sure to check our free online quoting tool for personalized pricing estimates.
Pros and Cons of Globe Life Insurance
Pros
- No medical exam required.
While Globe Life Insurance policies don’t require medical exams, they do need health questionnaires. - No waiting period.
In addition to having a simple application process, Globe Life Insurance also does not have a waiting period. - Low starting cost for coverage.
The premium for the first month of coverage, regardless of what type of policy you apply for, is going to be $1. Following the first month of enrollment, your rates will increase based on your age.
Cons
- High volume of customer complaints.
Across third-party rating services and many other public customer review sites, Globe Life Insurance’s customer service record has been overwhelmingly negative. - No guaranteed policy options.
Globe Life Insurance does not offer any guaranteed life insurance plans—individuals with pre-existing conditions will need to seek another provider for such coverage. - Misleading advertising and policy rate increases.
Rates for the first month of coverage may be $1, but they will not last beyond that one-month period. Rates will increase following the first month according to the policyholder’s age.
- No online claim filing options.
If you have a Globe Life Insurance plan or are planning to apply for one, your only option for submitting an insurance claim is through the mail, which increases the processing time for benefit payouts. - Low coverage maximum.
Across all Globe Life Insurance plans, maximum death benefits are noticeably lower in comparison to competing providers. - Coverage ends at 90
Because Globe Life Insurance policies are term life, there is a limit to how old you can be to receive coverage. That’s a serious concern for seniors seeking coverage.
Does Globe Life Insurance Pay Claims?
Yes, Globe Life Insurance does pay claims. However, it may take a while for beneficiaries to receive payment. According to online reviews, Globe Life Insurance beneficiaries report slower-than-average processing, claim denials, and billing disputes, which can prevent payouts.
Globe Life Insurance has a two-year contestability period, so depending on the circumstances of their death, Globe Life can hold payment until the period ends. According to the NAIC, the company’s complaint index is 1.72, indicating a high number of complaints.
Who Qualifies for Globe Life Insurance?
If you are healthy, with no pre-existing conditions, and under 90 years old, you can qualify for Globe Life Insurance. The best rates are for young adults (aged 18 to 24) or children’s term life insurance policies with a small payout amount. If you land outside of that demographic, we recommend seeking other life insurance options.
Do you need assistance in finding life insurance that works for your budget and your family? Contact Final Expense Benefits at (866) 786-0725 from Monday through Friday, 9 a.m. to 5 p.m. ET. Our experienced life insurance agents will walk you through the best options for your situation.
Is Globe Life Insurance Legitimate?
Yes, Globe Life Insurance is a legitimate insurance provider. However, they have limited burial insurance options and a history of poor customer service. Here are a few third-party Globe Life Insurance reviews you should know before making a decision.
AM Best
AM Best is a credit rating agency responsible for evaluating life insurance companies’ overall credit and ability to meet financial obligations.
Globe Life Insurance’s AM Best Financial Strength Rating, as of November 2025, is an A, indicating a capacity to meet financial commitments.
NAIC
The National Association of Insurance Commissioners (NAIC) tracks customer complaints against life insurance companies and rates them. Insurance providers should aim for a rating below the market average of 1.
Globe Life Insurance’s NAIC rating on their Company Complaint Index is 1.73, indicating a significantly abnormally high number of customer complaints.
BBB
The Better Business Bureau (BBB) helps customers identify trustworthy businesses by tracking customer complaints and providing complaint resolution services. They use a letter-grade scale, ranging from A+ to F, to represent the business’s ability to operate in good faith and resolve customer complaints filed with the BBB.
Globe Life Insurance has received an A+ BBB rating. Despite the high mark by the organization, customer reviews for Globe Life Insurance average around 1.27 out of 5.0 stars from 164 consumer ratings.
JD Power
J.D. Power is a data analytics company that conducts annual studies on customer feedback, company dependability, and overall quality.
According to their 2025 insurance study for Overall Customer Satisfaction, Globe Life Insurance ranked 9th out of 24 assessed providers.
Globe Life Insurance: Customer Reviews
Brody
1/5
If there was an option for a ZERO, it no doubt belongs to this company. They provide an absolute WORTHLESS cash value for insuring your child from a baby till the time he/she reaches 18. I then called in to surrender the policy and take the worthless couple hundred dollars of cash value [accumulation] only to find out I was charged (without my consent) a day prior. After being transferred 5 or 6 different times I couldn’t take any longer and just let them steal another $116 bucks and gave up. STAY FAR AWAY from this horribly run organization.
Nicki B.
1/5
Terrible service I decided not to join globe life after I talked to the sales man he was rude and then when I asked another question he acted like he wasn’t on the phone when I could hear back ground noise almost acted like he was better than someone else even asked personal health questions I have a auto immune system and he didn’t even know what that was inexperienced I will get my ins. From [somewhere else]
Hanna M.
1/5
DO NOT DO [BUSINESS] WITH THIS COMPANY! TOTAL SCAM AND VERY UNPROFESSIONAL….. Spelt all our names wrong and was a horrible experience to cancel. Just don’t do it..
Final Thoughts
Globe Life Insurance is a legitimate coverage provider with an established name in the insurance industry. However, upon review of their policies, we advise you to look elsewhere if you’re seeking a quality burial insurance policy.
With the negative reviews, lack of whole life insurance options, and misleading advertisements, it’s hard for us to recommend a policy from Globe Life Insurance.
However, at Final Expense Benefits, we strive to give seniors the best burial insurance options, no matter the situation. Our insurance agents are experts at navigating the life insurance space, finding you the most coverage at an affordable cost.
Learn more about what other burial insurance providers are on the market. Call Final Expense Benefits at (866) 786-0725, Monday through Friday, 9 a.m. to 5 p.m. ET, or check our free online quoting tool for personalized rates.
FAQ
Is Globe Life Insurance legit?
Yes—Globe Life Insurance is a legitimate life insurance provider, verified by several third-party rating organizations. However, it is important to note that the company has been known for major issues regarding customer service, claims resolutions, and general transparency with accurate pricing.
Is Globe Life Insurance good for seniors?
For senior applicants, applying for coverage under Globe Life Insurance may not be the best option. Globe Life Insurance’s advertised “burial and funeral insurance”/”final expense insurance” are only optional policy riders that function similarly to a term life plan.
Does Globe Life Insurance cost just $1?
Globe Life Insurance policies, regardless of what type of coverage you apply for, cost $1 for only the first month. Following the one-month period, rates are adjusted and increased based on the policyholders’ age.
Why is Globe Life Insurance so cheap?
Despite the one-month $1 introductory rate for policyholders, Globe Life Insurance’s rates will increase regardless of what option you select. Additionally, the company’s burial insurance options not only exceed industry standards for pricing but also prevent policyholders from building cash value with their plans over an extended period of time.