Globe Life

Globe Life Inc. (NYSE: GL) is one of America's leading providers of life and supplemental health insurance, with roots stretching back over a century. The company operates through multiple specialized divisions including American Income Life, Liberty National, Globe Life Direct, United American, and Family Heritage Life Insurance Company. As of 2024, Globe Life ranks as the 19th-largest life insurance company in the United States, holding 1.59% market share with over $3.2 billion in direct premiums written annually.

The company's mission, 'Make Tomorrow Better,' reflects its commitment to providing accessible financial protection to American families. With more than $229 billion of insurance coverage in force and serving millions of policyholders nationwide, Globe Life has built its business model on direct-to-consumer sales, worksite marketing, and digital distribution channels. The company maintains an A (Excellent) Financial Strength Rating from A.M. Best Company, underscoring its financial stability and ability to meet policyholder obligations.

Globe Life's product portfolio spans term life insurance, whole life insurance, final expense coverage, children's life insurance, and supplemental health products including cancer, critical illness, accident, and hospital indemnity plans. The company has pioneered simplified issue life insurance products that don't require medical exams, making coverage accessible to millions of Americans who might otherwise face barriers to obtaining protection. In 2024, Globe Life generated $5.78 billion in revenue with net income of $1.07 billion, representing a 10% increase from the prior year.

The company has demonstrated resilience through challenges, including navigating allegations in 2024 that temporarily impacted its stock price. Following comprehensive investigations, both the U.S. Department of Justice and Securities and Exchange Commission concluded their reviews in 2025 without pursuing enforcement actions, vindicating the company's sales practices and internal controls. With 3,732 employees and a corporate headquarters relocation planned within McKinney, Texas to accommodate future growth, Globe Life continues to position itself for long-term expansion in the middle-market insurance segment.

Globe Life's culture emphasizes work-life balance, community engagement through the Globe Life Foundation, and a hybrid work model offering flexibility to employees. The company invested $993.7 million in share repurchases during 2024, returning significant capital to shareholders while maintaining strong operational performance with a return on equity of 21.7%.