This type of coverage usually has a lower face value than traditional adult term life and can have a faster claim payout to help pay funeral costs, medical bills, or outstanding debts. You can purchase $5,000; $10,000; $20,000; $30,000; $50,000 or $100,000 in coverage. Your options include $5,000, $10,000, $20,000, $30,000, $50,000, $75,000, and $100,000. Globe Life’s term life policy allows you to choose the death benefit payout depending on your needs. Here is an overview of life insurance offered by Colonial Penn Life Insurance and Globe Life: Globe Life Insurance for Adults. As an added benefit, Globe Life offers permanent life insurance protection for children with monthly rates starting a $2.17. Globe Life has 4.2 million policyholders. The Globe Life burial insurance program consists of two different insurance policies, below you can view a quick snapshot of each of their specific plans.-Globe Life’s Whole Life for Children. But note that the sizes available and age ranges to apply can vary by state. These are fine companies, but some of their products are not appropriate for your burial insurance needs. You can apply online in as little as 5 minutes. Globe Term Life Insurance. Globe Life offers whole life insurance policies for adults and children as well as term life insurance. Globe's term life insurance also has no medical exam and offers a limited set of death benefits. Senior life insurance, sometimes called final expense insurance or burial insurance, refers to a life insurance policy primarily designed to cover final expenses. Many well-known insurance companies such as AARP and Globe Life offer term life insurance as burial insurance. In New York, Globe Life's whole life insurance payouts are more limited. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Globe Life offers a no-risk money-back guarantee if you aren’t happy with your coverage. Globe Life offers easy to obtain life insurance policies with the tagline “$1 Buys $100,000 Globe Life Insurance”. If you have any questions about coverage, give us a call at 800-208-4974. Product availability and features vary by state and subsidiary. To be eligible for the Globe Life burial insurance whole life for children plan, the child in question will need to be able to answer two health questions. Their advertisement provides $100,000 coverage for only $1 for the first month, targeting people who want instant policy at a low price. Globe life insurance offers you up to $100,000 of life insurance with no medical exam - just a simple application. Additionally, customers can choose among a number of riders including accidental death benefits and mortgage protection insurance to add to their life insurance policy. Globe Life offers burial insurance with a lot of flexibility and choices. Globe term life insurance. Term life is up to 80 and the whole life is until the policyholder stops paying for benefits. Globe Life offers term life, whole life, as well as accidental insurance policies. Most people understand that term life insurance is not real burial insurance! Globe life is one of the few companies to actually call its policy “Burial Insurance” or “Funeral Insurance.” Globe sells these policies with a face value from $5,000 to $50,000. Globe Life is the marketing name for Globe Life Inc. and its subsidiaries. It’s recommended that if you’re signing up for Globe Life burial insurance, you take into account the limit of age coverage. Globe Life advertises affordable coverage and quick turnarounds. They range from $1,000 to $25,000, depending on your age and gender. Globe Life burial insurance. And if you’re satisfied with it, you also can get burial coverage for your spouse. 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