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Globe Life (GL) is an American financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products.
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In 2019, Globe Life Insurance Company of New York was fined by the Department of Financial Services in the state of New York for improperly denying benefits to policyholders. This was under Liverpool life insurance which was a brand of Torchmark Corporation which was a subsidiary and the previous name of Globe Life. [5]
AIL also has two wholly owned subsidiaries: National Income Life Insurance Company, licensed in the state of New York, and Union Heritage Life Assurance Company Limited, licensed in the Republic of Ireland. As of 2013, AIL had more than two million policyholders and was a wholly owned subsidiary of Globe Life, based in McKinney, Texas.
A policyholder (or policy holder) is the person who owns the insurance policy. Policyholders affect how much the car insurance costs and, in most cases, the policyholder is the only person who can ...
National Income Life Insurance Company (NILICO) is an American insurance company providing supplemental life insurance to members of labor unions, credit unions, and associations. The company is based in Rochester, New York and is a subsidiary of American Income Life Insurance Company which is a subsidiary of Globe Life .
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