Globe Life Inc. Renews Endowment to UT Southwestern Medical Center

Rhea-AI Summary

Globe Life Inc. (NYSE: GL) has renewed its endowment with UT Southwestern Medical Center, pledging $300,000 to support family medicine initiatives. This commitment is part of Globe Life's mission to help Make Tomorrow Better. The company has supported UT Southwestern since 2013, and the funds are allocated to the Globe Life Community Medicine Fund. Joel Scarborough, a corporate VP at Globe Life, shared his personal gratitude for the care he received at UT Southwestern, emphasizing its impact on patient care and community health. Globe Life is the leading issuer of ordinary individual life insurance policies in the U.S.

Positive

• Renewed endowment of $300,000 demonstrates commitment to healthcare.
• Supports family medicine initiatives, enhancing community health.

Negative

• None.

MCKINNEY, Texas, March 23, 2023 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) today announced it will renew its endowment to UT Southwestern Medical Center, one of the premier academic medical centers in the nation. As part of its purpose-driven mission to help Make Tomorrow Better, Globe Life has pledged $300,000 in support of the organization. Since 2013, Globe Life has provided an endowment in the Department of Family and Community Medicine at UT Southwestern.

Endowment deposits are placed in the Globe Life Community Medicine Fund and are used for funding family medicine initiatives led by UT Southwestern.

"At age 40, I was diagnosed with Stage 3 colon cancer. With the support of my colleagues at Globe Life and the excellent care I received at UTSW, I beat cancer and have been in remission for over ten years. I am truly grateful for the caring physicians, nurses, and support staff who make UTSW such an outstanding facility," said Joel Scarborough, Corporate Senior Vice President, Legal and Compliance, Globe Life.

The commitment of UT Southwestern to education, research, and patient care is remarkable and Globe Life has been proud to play a part in those efforts.

About Globe Life

Globe Life Inc. is a holding company specializing in life and supplemental health insurance for lower-middle to middle-income Americans marketed through multiple distribution channels including direct-to-consumer and exclusive and independent agencies. With a mission to Make Tomorrow Better, Globe Life is the top volume issuer of ordinary individual life insurance policies in the U.S. and has more life insurance policies in force than any other insurance company.* Globe Life's insurance subsidiaries include American Income Life, Family Heritage Life, Globe Life And Accident Company, Liberty National Life, and United American. More information is available at GlobeLifeInsurance.com.

*Excluding reinsurance companies; as reported by S&P Global Market Intelligence, 2021

View original content to download multimedia:https://www.prnewswire.com/news-releases/globe-life-inc-renews-endowment-to-ut-southwestern-medical-center-301780381.html

SOURCE Globe Life Inc.

FAQ

What is the recent endowment amount from Globe Life to UT Southwestern Medical Center?

Globe Life has pledged $300,000 to UT Southwestern Medical Center.

When did Globe Life renew its endowment to UT Southwestern Medical Center?

Globe Life renewed its endowment on March 23, 2023.

What is the purpose of the Globe Life endowment to UT Southwestern?

The endowment supports family medicine initiatives at UT Southwestern.

How long has Globe Life been supporting UT Southwestern Medical Center?

Globe Life has supported UT Southwestern since 2013.

What is the stock symbol for Globe Life Inc.?

The stock symbol for Globe Life Inc. is GL.