Globe Life Family of Companies
Globe Life Family of Companies Overview
Industry
About Globe Life Family of Companies
Globe Life Inc. is a prominent American financial services holding company specializing in life insurance and supplemental health insurance products. Established in 1900, the company has a rich history of providing affordable and reliable insurance solutions to middle-income families across the United States.
Headquartered in McKinney, Texas, Globe Life operates through several wholly owned subsidiaries, each catering to specific market segments.
Subsidiaries
- Globe Life and Accident Insurance Company: Offers life and supplemental health insurance coverage nationwide, with executive offices in Oklahoma City and McKinney, Texas.
- American Income Life Insurance Company: Provides supplemental life insurance primarily to labor unions, credit unions, and associations. Founded in 1951, its executive offices are located in Waco, Texas.
- Globe Life Liberty National Division: Delivers life and supplemental health insurance through individual and worksite sales. Headquartered in McKinney, Texas, it operates in 49 states.
- Globe Life Family Heritage Division: Formerly known as Family Heritage Life Insurance Company of America, it offers supplemental health insurance products.
Company Size and Locations
As of December 1, 2023, Globe Life employed approximately 3,640 individuals at its headquarters in McKinney, Texas. The company also maintains additional locations in:
- Waco, Texas
- Oklahoma City, Oklahoma
- Los Angeles, California
- Cleveland, Ohio
- Omaha, Nebraska
- Syracuse, New York
- McKinney, TX, USA
Community Engagement
Globe Life's commitment to community engagement is evident through its "Make Tomorrow Better" initiative, which focuses on supporting underserved youth and families, veterans, seniors, and promoting health and wellness.
In 2023, the company, along with its agencies and employees, collectively donated over $4.11 million to various charitable causes.
Company History and Market Presence
In August 2019, Globe Life Inc. rebranded from its former name, Torchmark Corporation, to better reflect its diverse portfolio and commitment to providing comprehensive insurance solutions.
With over 17 million policies in force, Globe Life is one of the largest life insurance providers in the United States, dedicated to offering secure and dependable insurance protection to its policyholders.