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 primarily through direct mail operation. Globe Life has earned the A+ (Superior) Financial Strength Rating (as of 6/12) from A.M. Best Company insurance analysts since 1899. Globe has had an A+ (Superior) rating or higher since 1991.
Read more about this topic: Globe Life And Accident Insurance Company
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