Globe Life Liberty National Division Explained

Globe Life Liberty National Division
Former Name:Liberty National Life Insurance
Type:Subsidiary
Industry:Insurance
Foundation: in Birmingham, Alabama
Location:McKinney, Texas
Location Country:United States
Area Served:United States
Key People:Steven J DiChiaro CEO
Products:Supplemental health
and life insurance
Rating:A+
Parent:Globe Life

Globe Life Liberty National Division (formerly Liberty National Life Insurance) is an American insurance company that is a provider of life and supplemental health insurance. It provides individual coverage through home and workplace sales. The company is headquartered McKinney, Texas and is licensed in 49 states and is a subsidiary of Globe Life. Liberty National was founded in Birmingham, Alabama, in 1900.

History

Liberty National traces its origin back to August 27, 1900, when 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.[1]

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.[2]

The Liberty National Holding Company, created in 1979, expanded by acquiring United American, along with Globe Life and Accident Insurance Company and American Income Life. In the 1980s, the Liberty National Insurance Holding Company became Torchmark Corporation which then became Globe Life on August 8, 2019.[3]

Since 2012, the Globe Life companies have donated more than $12.4 million through their Make Tomorrow Better program.

External links

Notes and References

  1. "Heralds Of Liberty and Torchmark". Web site: Heralds of Liberty . 2011-03-16 . dead . https://web.archive.org/web/20110515225356/http://alabamapioneers.com/index.php/Early-Alabama-Stories/heralds-of-liberty-and-torchmark.html . 2011-05-15 . Accessed March 16, 2011
  2. Web site: Examination Report of Liberty National Life Insurance Company . State of Nebraska Department of Insurance. Tadd K. Wegner, CFE. 5. 9 March 2017. 12 February 2020.
  3. Web site: Torchmark to Change Its Name to Globe Life. ThinkAdvisor. Allison Bell. 26 July 2019. 29 July 2019.