Globe vs State Farm Life Insurance

  • YEAR FOUNDED
    1951
  • CURRENT CEO
    Bill Leavell
  • AVAILABLE
    All 50 States
  • ADDRESS
    "3700 S. Stonebridge Drive McKinney, TX 75070"
  • TOP AWARDS

    N/A

  • PROS
    • No medical exam required.
    • $1 first-month premium.
    • No Waiting Period. You Buy Direct
  • CONS
    • Slow claims process.
    • Terms not readily available.
    • Riders not readily available.
  • YEAR FOUNDED
    1922
  • CURRENT CEO
    Michael L. Tipsord
  • AVAILABLE
    48 States
  • ADDRESS
    East P.O. Box 588002 North Metro, GA 30029
  • TOP AWARDS

    N/A

  • PROS
    • Great Term Life Insurance
    • Top rated customer service
  • CONS
    • Term lengths
    • Higher premiums than other companies
SOURCEGlobeState Farm
JD PowerN/A5/5
BBBA+A-
AM BestA+A++
Moody'sN/AAa1
FitchN/AN/A
Standard & PoorN/AAA
Comdex ScoreN/A98
SOURCEGlobeState Farm
Total AssetsOver $16.7 billion$160.732 billion
Life Insurance in Force$80 billion$901.7 billion
GlobeState Farm
Term Life InsuranceSelect Term 10, 20, 30
Whole Life InsuranceReturn of Premium 20, 30
Children's Life InsuranceMortgage Life 15, 30
Accidental benefits insuranceWhole Life
Mortgage protection insuranceLimited Pay 10, 15, 20
Single Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
GlobeState Farm
Affordable Life InsuranceSelect Term 10, 20, 30
Term Life InsuranceReturn of Premium 20, 30
Children's Life InsuranceMortgage Life 15, 30
Whole Life InsuranceWhole Life
Senior Life InsuranceLimited Pay 10, 15, 20
Family Life InsuranceSingle Premium Life
No Medical Exam — Simple ApplicationUniversal Life
Burial and Funeral InsuranceSurvivorship Universal Life
Life Insurance for VeteransJoint Universal Life
Final Expense Insurance
Young Family Life Insurance
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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