How Reliable Is Globe Life Insurance?

  1. 1313 POINTS
    Lenny Robbins
    Principal, LifeNet Insurance Solutions, Redmond, WA
    Globe Life Insurance, well known for its $1 advertisement for the first month's premium, is an A+ rated carrier.  As such, they are financially strong.  My issue with Globe is in the small print.  The level premium increases every 5 years making it virtually impossible for the insured's to keep a policy at older ages.  Most everyone I speak with about Globe was unaware of this important feature.  Buyer beware!
    Answered on April 4, 2014
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