Overall impact
F (17)

Commentary

Globe Life is a poor overall performer. With an 'F' rating of 16.9 for overall impact (bottom 10% of all companies), Globe Life ranks 43rd out of 43 industry peers, behind Metlife, Primerica, Federal Life and 39 others. On top material causes for Globe Life's industry (Insurance), Globe Life performs poorly in Accountable Institutions (33.2 score), Racial Justice and Civil Rights (10.4), Affordable, Safe Housing (0.0) and 11 other causes where it received a 'D' or 'F' score. Globe Life did not receive an 'A' rating on any cause.
Impact
Cause GL
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Founded
1979
Employees
3,695
Sector
Financials
Industry
Insurance
Sub-industry
Life & Health Insurance
SASB industry
Insurance
Headquarters
Tx, United States
Share classes
GL
Mission
To help working-class families secure financial protection from adverse circumstances.
Description
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates through three segments: Life Insurance, Supplemental Health Insurance, and Investments. It offers whole, term, and other life insurance products; and Medicare supplement and limited-benefit supplemental health insurance products, such as accident, cancer, critical illness, heart, intensive care, and other health products. The company sells its products through its direct-to-consumer division, exclusive agencies, and independent agents. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas.
Material causes
Ethos considers the following causes material for Globe Life, based on its industry sub-industry Life & Health Insurance. Learn more about material causes in our methodology overview.

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