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What Do I Need To Know About Whole Life Insurance?
Q: What is Whole life insurance?
A: Whole life insurance provides coverage that builds cash value and can be borrowed against. Globe Life's whole life policy features premiums that never increase and coverage that remains the same for life.
Q: What will I have to do to apply for coverage?
A: It is as simple as answering a few easy health questions. $1* pays the premium for the first month. After that, your premiums are based on your age at time of issue. Once you are approved and your policy is issued, you are fully covered under the terms of your insurance as long as you pay the premiums on time.
Q: I already have a life insurance policy. Do I need more?
A: Many people in the United States are underinsured. You might be one of them and not even know it. Globe Life's insurance is an ideal way to supplement any existing insurance you may have.
Q: If my health gets worse, will the company refuse to cover me?
A: Absolutely not. Your life insurance can not be canceled throughout the policy period for any reason other than the non-payment of premiums.
Q: Do I have to meet with an agent or fill out a lot of paperwork?
A: No. Your life insurance is handled conveniently online and through the mail. We eliminate the hassle and make it easy to apply. It's easy to apply … just complete a few health questions on the easy online application. Everything is handled online and through the mail.
Q: Who will receive my benefit amount if I die?
A: The full benefit amount will go to the beneficiary of your choice. It is paid free of federal tax, and you can choose your spouse, relative, friend or any one other loved one.
 

* Rates after the first month can be found by completing a rate quote.