Globe Life Liberty National Division, formerly Liberty National Life Insurance, located in
McKinney
McKinney is a city in and the county seat of Collin County, Texas. It is Collin County's third-largest city, after Plano and Frisco. A suburb of the Dallas–Fort Worth metroplex, McKinney is about north of Dallas.
The U.S. Census Bureau lis ...
, Texas, is a provider of life and supplemental health
insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
. It provides individual coverage through home and workplace sales. Licensed in 49 states, Liberty National was founded in
Birmingham
Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1. ...
, Alabama, in 1900.
History
Liberty National traces its origin back to August 27, 1900. Its predecessor was founded as the Heralds of Liberty, a fraternal organization founded on the principles of respect for the law, observance of cardinal Christian virtues, loyalty to government, and practical exemplification of brotherhood. Later in June 1921, the name was changed to Liberty Life Assurance Company by deputy insurance commissioner Robert Davison and Frank Samford. In 1929, LNL was incorporated as a stock company and its name was changed to Liberty National Life Insurance Company.
The Liberty National Holding Company, created in 1979, expanded by acquiring
United American, along with
Globe Life and Accident Insurance Company
Globe Life, based in McKinney, Texas, provides life and health insurance coverage nationwide, and has earned the A (Excellent) Financial Strength Rating as of June 2020. Globe Life and Accident Insurance Company has executive offices in Oklahoma Ci ...
and
American Income Life. In the 1980s, the Liberty National Insurance Holding Company became Torchmark Corporation which then became
Globe Life
Globe Life is a financial services holding company listed on the New York Stock Exchange (GL) which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. The company is based ...
on August 8, 2019.
Since 2012, the Globe Life companies have donated more than $12.4 million through their Make Tomorrow Better program.
References
{{reflist
External links
Official website
Financial services companies established in 1900
Health insurance companies of the United States
Life insurance companies of the United States
Companies based in McKinney, Texas
Globe Life Subsidiaries
1900 establishments in Texas