Globe Life (GL): A “Pyramid Scheme?” Filled with Lots of “Insurance Fraud”

Disclosure: Fuzzy Panda Research and or any affiliated companies, consultants, employees, etc, have a short position in GL (and/or options, swaps, bonds, and other derivatives related to the stock) for all the reasons laid out in our analysis.

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[Maxking.]

I got called in for an interview with Globe Life today - 04/15/2024. Seeing this YouTube video makes me not want to go..but I am kinda curious to check this out for myself! Will update once I get back home!

[iiepicsauce]

Worked at sister company Liberty National, faking oral swabs is incredibly common, and I have run into clients of former coworkers who pays their first months premium. The company culture is also very cult-like. If you’re watching this and currently work at Globe, just know there are so many platforms out there to do good business with.

[Notmyfullneim]

My family member had a policy with globelife, he died and Globelife paid up within 48 hours as they claimed they would. Personally I bought a policy and I am glad I did. This video might just be 🐂💩

[markl]

An old rule of wisdom to follow - "If it sounds too good to be true, it is".

[AboveAvgMan]

I went on a company convention. Ended up getting a girl pregnant. Son just turned 18. I will show him this video as a recruiting tool to get him in the business.

[raysidit]

I know someone who works there - it's a lie, I didn't think that lies could move stocks 60 percent, but there are surprises in life.

[Sayheyyyjay]

took the stock down to a 10 year low in a matter of hours this video is actually insane

[mathewbuendia]

I just quit AIL last year. It was terrible I was doing 70+ hours and constantly harassing leads calling them multiple times a day on my own phone

[cyeaswtanl]

"No sales last week but still made 5 grand" yeah its called residual income and is very common in the insurance business lol

[nadjabeatrizcabral]

Used to work for this company, and so did my husband.. can confirm this video is the truth. We both left when we realized..

[nunez]

I was with AIL for a week. They force you to cancel all writing numbers you have for any carriers. I got out. Went back to being independent.

[bobbysmalls]

My ex girlfriend with no experience just got recruited! They stroked her ego during the interview she hounded friends and family to buy insurance! Lmao!!! I’m shorting this stock. Sounds like an mlm

[ryanw]

I bought a call at the bottom today, waiting for Gl press release.

[xef]

This is like a franchised kfc makes insane elegations about actual kfc. Scum/abusers/psychopaths are found in most ethical companies, churches, councils, governments etc.

[dfreeman]

So I was contacted recently by someone from Globe life. The original pitch was that someone I knew gave the agent my contact info to call me to see if I was interested in an accident and death union insurance. He insisted we meet on Zoom. During this meeting, he told me I would receive $2, 000 if I got hurt or killed on the job. And wouldn't hurt existing union or insurance benefits. He kept saying how this is "free money." He also pressured me to give 15 people's contact information (barely gave him 10) so he could call them. After this, then he went into trying to sell me Globe Life insurance. He showed me some advertisement and kept asking me "What stuck out in this video?" and "What sticks out about us?" With the correct answer according to him was "how fast they pay out." I had to hang up on him after almost 2 hours of this because I wasn't interested in buying insurance and thought that this was a shady way to sell insurance to people.

[ssaeloh]

Like who the fuck just comes across this video & passionately defends globe life? The video is just bringing out the mockery that it is, but the comment section of employees is just cementing what everyone already thinks. yeah i would really like if the guy i bought life insurance from posts on tiktok tomorrow about making millions off me 🤡

[danstar]

Never heard this AO Globe. Will have to look up the roll ups.

[Sirbigooe]

I was a top MGA. I WOULD LOVE TO GIVE THE REAL TAKE. This is completely accurate. But there’s so much more. I’ve been to multiple manager conferences, and retreats. Their things that happen would shock you please contact me

[ssaeloh]

the least these fuckers could do is come out & fess up that they messed up & are changing their ways, i was taken back when i was clicking on these peoples social medias and everything is still up wow.

[jadynransom]

Its so obvious those voices are AI generated