Market Capitalization (Millions $) |
11,242 |
Shares
Outstanding (Millions) |
96 |
Employees |
3,222 |
Revenues (TTM) (Millions $) |
5,448 |
Net Income (TTM) (Millions $) |
971 |
Cash Flow (TTM) (Millions $) |
11 |
Capital Exp. (TTM) (Millions $) |
50 |
Globe Life Inc
Globe Life Inc. is a financial services company that offers life insurance, supplemental health insurance, and annuity products in the United States. The company is headquartered in McKinney, Texas, and was founded in 1951. For over 60 years, Globe Life has been providing affordable life insurance to families across America.
The company operates primarily through its subsidiaries, which include Globe Life And Accident Insurance Company, Liberty National Life Insurance Company, and United American Insurance Company. These companies offer a range of insurance products, including term life, whole life, and accidental death insurance. Globe Life's largest product line is its term life insurance, which is designed to provide coverage for a specific period of time, typically 10 to 30 years.
Globe Life is known for its straightforward approach to insurance, offering simplified applications and underwriting, as well as hassle-free claims. The company is also known for its direct-to-consumer approach, which allows customers to purchase insurance policies online, over the phone or by mail, thereby bypassing traditional agents and brokers.
In addition to its life insurance products, Globe Life also offers a range of supplemental health insurance products, such as cancer, heart, and accident insurance. These products are designed to provide additional financial protection in the event of a major illness or injury.
Globe Life's annuity products provide customers with a way to save for retirement and receive guaranteed income for life. The company's annuities offer a range of features, including fixed and variable interest rates, flexible payout options, and death benefits.
Globe Life Inc. is publicly traded on the New York Stock Exchange under the ticker symbol GL. The company has a market capitalization of over $7 billion and employs over 3,800 people. In 2020, Globe Life reported total revenues of $5.5 billion and net income of $671 million.
In terms of its community engagement, Globe Life has a long-standing partnership with the Texas Rangers baseball team, which includes the naming rights to Globe Life Park in Arlington. The company also supports a range of charitable and community organizations, including St. Jude Children's Research Hospital, the United Way, and the American Heart Association.
Overall, Globe Life Inc. is a well-established and respected company with a strong focus on providing affordable insurance products directly to its customers. Its straightforward approach and commitment to customer satisfaction have made it a popular choice for families across America.
Company Address: 3700 South Stonebridge Drive McKinney 75070 TX
Company Phone Number: 569-4000 Stock Exchange / Ticker: NYSE GL
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