Is Global Life And Accident Insurance Company A Legit Company For Life Insurance?
Posted November 28, 2009 – 10:34 pm in: structured settlements FAQis this a scam or are a legit business? Has anyone here ever dealt with them before? How are they at handling people’s life insurance polices?
Tags: Accident, Company, Global, Insurance, Legit, Life
7 Comments
If you are looking for cheap you found the company cheap and crappy. It is like a skydiver purchasing and having his parachute packed by a wal mart greeter. Might be ok for a short time but is not a way you want to protect your family or to keep testing your luck. Your family not worth an extra $10 for a great company?
this one is legitimate. fill up the form here, u will be contacted. http://www.dpbolvw.net/click-1748196-10310129
Global Life and Accident Insurance Company is a legit company for life insurance.
The actual name of the Company is Globe Life and Accident Insurance Company. Globe Life was established in 1951 and is rated “A+” Superior by A.M. Best for financial strength.
Globe Life has more than 2.5 million policyholders. Globe Life offers people age 78 and under up to $30,000 of simplified issue life insurance.
Globe Life is located in Oklahoma City, Oklahoma. Their life insurance policy comes with a 30 day “Free Look” Period.
Globe Life does not require you to take a medical exam to qualify for coverage.
The A.M. Best Company is a known rating company of insurance companies. Also, if they are licensed in your state to do business, they are probably o.k.. but look them up in A.M.Best Co. website. Good luck.
Check with A.M.Best, Moody’s. These companies rate insurance carriers in the United States. You want a company that is no less than a B rating or ++. Hopefully you know why you need the insurance. Now you need to decide between whole life and level term. I will never sell whole life because when you get up to what you need covered, premiums become very expensive. You can get fully covered and have money left over to invest for your retirement using level term. Watch out for whole life agents claiming whole life is a retirement vehicle and/or a savings vehicle. If you get one who does, get their name and license number and report them to your states insurance commissioner, THIS IS ILLEGAL! Insurance and savings should never be combined.
Search the internet for insurance and research rates and ratings.
It’s a legit business, with the most expensive kind of life insurance with the lowest coverage, at the highest price, for people who don’t know how to ask their personal agent for life insurance quotes.