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Globe Life Liberty National Division (formerly Liberty National Life Insurance) is an American insurance company that is a provider of life and supplemental health insurance. It provides individual coverage through home and workplace sales. The company is headquartered McKinney, Texas and is licensed in 49 states and is a subsidiary of Globe Life.
Globe Life (GL) is an American financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products.
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 [ 3 ] to approximately $813 million in 2018.
In 2019, Globe Life Insurance Company of New York was fined by the Department of Financial Services in the state of New York for improperly denying benefits to policyholders. This was under Liverpool life insurance which was a brand of Torchmark Corporation which was a subsidiary and the previous name of Globe Life. [ 5 ]
American Income Life Insurance Company (AIL) is an American unionized life insurance company that provides supplemental life insurance to labor unions, credit unions, and associations. The company was founded in 1951 and the executive offices have been located in Waco, Texas, since 1959. American Income Life is licensed in 49 states, the ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
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Supplemental life insurance is designed to boost the coverage your employer’s basic group life policy provides, allowing you to secure a higher death benefit than the base policy alone. Many ...