Private company

Globe Life

American insurance company

Globe Life, based in McKinney, Texas, provides life and health insurance coverage nationwide, and has earned the A (Excellent) Financial Strength Rating as of June 2020. Globe Life and Accident Insurance Company has executive offices in Oklahoma City and McKinney, Texas and is a subsidiary of Globe Life.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 19, 2026.

Overview

1951Founded1

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Globe Life, based in McKinney, Texas, provides life and health insurance coverage nationwide, and has earned the A (Excellent) Financial Strength Rating as of June 2020. Globe Life and Accident Insurance Company has executive offices in Oklahoma City and McKinney, Texas and is a subsidiary of Globe Life.2

How it started

History

In 1951, the company was chartered by two longtime friends, Ralph Reece and John Singletary, with $60,000 of borrowed capital. Globe originally sold inexpensive but dependable life insurance protection to rural Oklahoma communities. Since 1951, Globe Life has grown in financial strength and reputation, consistently receiving high industry ratings. Today, Globe Life markets through direct mail, internet, and call center sales. The company's life insurance premium has grown from approximately $221 million in 1998 to approximately $813 million in 2018.

From Wikipedia’s article on Globe Life, shared under CC BY-SA 4.0.2

Products and brands

  • life insurance

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 1951Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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  2. 2