Globe Life and Accident Insurance Medicare Plans
Affiliated Brand Names
- Globe Life
- Globe Life and Accident Insurance
- Torchmark Corporation
Company Overview
Globe Life was originally founded in 1951. Their headquarters are based in Oklahoma City, OK. In keeping with their country roots, they give seniors the option of purchasing a policy directly by mail. They pride themselves on their ability to service seniors with the financial products they need without any pushy sales tactics from aggressive insurance agents.
Company Highlights
- Founded in 1951
- Wholly owned subsidiary of the Torchmark Corporation
- Manages more than $60 billion in insurance assets
- Official insurance company for the Texas Rangers Major League Baseball team
Medicare Plans Offered
There is more than one way to supplement your Medicare benefits. And no one way is better than any of the others necessarily; but one supplement might be better for you based on your own circumstances than another. Below are the supplements that Globe Life offers its clients.
| Medicare Supplement Plans | YES |
| Medicare Advantage Plans | NO |
| Medicare Part D Drug Plans | NO |
Globe Life Premium Comparison
Making sure Globe Life is affordable for your budget is important. But comparing their prices to the national average is also essential. What if they’re offering a dramatically lower or higher price than their competition? What does that say about the company? Finding the answers to those questions will help you get the policy you need.
This Table Represents National Average Costs of Medicare Supplement Plans
| Plan Type | Starting From | Part A Deductible | Part B Deductible | Excess | Nursing | Travel | |
|---|---|---|---|---|---|---|---|
| Plan C | $118* | $0 | $0 | Not Covered | 100% Covered | 100% Covered | Request Info |
| Plan F Most popular |
$116* | $0 | $0 | 100% Covered | 100% Covered | 100% Covered | Request Info |
| Plan G | $105* | $0 | $147 | 100% Covered | 100% Covered | 100% Covered | Request Info |
| Plan B | $104* | $0 | $147 | Not Covered | Not Covered | Not Covered | Request Info |
| Plan N | $70* | $0 | $147 | Not Covered | 100% Covered | 100% Covered | Request Info |
| Plan D | $97* | $0 | $147 | Not Covered | 100% Covered | 100% Covered | Request Info |
| Plan A | $69* | $1 | $147 | Not Covered | Not Covered | Not Covered | Request Info |
| Plan L | $76* | $304 | $147 | Not Covered | 75% Covered | Not Covered | Request Info |
| Plan K | $45* | $608 | $147 | Not Covered | 50% Covered | Not Covered | Request Info |
| Plan M | $97* | $608 | $147 | Not Covered | 100% Covered | 100% Covered | Request Info |
Financial Strength Ratings
Ratings agencies exist to try to strip away some of the confusion and lack of transparency which exists between large corporations and the general public. With a financial strength rating, it becomes much easier to see whether an entity like Globe Life will give you the service and reliability that you deserve.
| A.M. Best Rating | A+ |
| Standard & Poor’s Rating | AA- |
| Moody’s Rating | No Rating |
*Ratings as of 2/17/15
Globe Life Video
Globe Life Review
Globe Life, a wholly owned subsidiary of the Torchmark Corporation, has been providing retired citizens with life and Medicare supplement insurance for well over 60 years. They are based out of Oklahoma City, OK and are considered trustworthy enough to be the official insurance company for the Texas Rangers.
- Market Experience
- Fast Claims Processing
- Strong Financial Reserves
- Competitive Rates
- Customer Satisfaction
How To File A Claim With Globe Life
Globe Life offers a special service to its Medicare supplement clients called ‘Automatic’ Claims Filing Plus. Basically, your Medicare, healthcare providers, and Globe Life all communicate directly with one another to get the claim(s) sorted out, and you receive a monthly statement in the mail with the detailed progress. But if you feel you must file a claim personally, or check on the status of a claim:
Telephone Number: 1-888-678-3403
To speak with a person:
- Press 2 for “all other inquiries”
- You will then be connected with a live operator
Company Contact Information
Customer Service:
1-888-678-3403
Mailing Address:
Globe Life And Accident Insurance Company
Globe Life Center
Oklahoma City, OK 73184
How To Get A Rate Quote
Customers looking to get a rate quote, or learn more about plans have 2 options:
- Call a licensed insurance representative at: (877) 910-7579
- Complete an online quote request at: http://www.medigap.com/form/