Globe Life American Income Division Potts Organization
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Globe Life American Income Division, through this agency, offers life, supplemental health, and accident insurance and recruits independent contractors as agents. The page says the division has served working class families since 1951, including members of labor unions, credit unions, and associations.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MidFirst Bank · Oklahoma City, 4 mi · $2.25B
- BancFirst · Oklahoma City, 9 mi · $785.7M
- Tinker Federal Credit Union · Oklahoma City, 5 mi · $397.7M
- InterBank · Oklahoma City, 10 mi · $369.1M
- Stride Bank, N.a. · Enid, 61 mi · $224.7M
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 12 mi · $118.7M
- FIRST ASSEMBLY OF GOD CHURCH · Weatherford, 61 mi · $80.5M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 7 mi · $68.4M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 6 mi · $63.9M
- CROSSINGS COMMUNITY CHURCH, INC · Oklahoma City, 4 mi · $53.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Globe Life American Income Division Potts Organization this business | $815K | — |
| LC WADE INSURANCE & FINANCIAL SERVICES Oklahoma City · 1 employees | $386K | 0.1 mi |
| Levi Wade - Country Financial Representative Oklahoma City | $815K | 0.1 mi |
| Christopher Cunningham, Bankers Life Agent Oklahoma City | $815K | 0.2 mi |
| Chris Rundell, Bankers Life Agent Oklahoma City | $815K | 0.2 mi |
| Grebil Castellanos - 4301 NW 63rd St Oklahoma City | $815K | 0.3 mi |
| BRUCE WYCKOFF INSURANCE AGENCY INC Oklahoma City · 1 employees | $299K | 0.3 mi |
Ranges & sources
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.
| Revenue range | $374K – $1.0M |
| EBITDA range | $144K – $392K |
| Industry (NAICS) | Agencies, brokerages, and other insurance related activities (5242) |
| Value range | $415K – $1.7M |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“Globe Life American Income Division has served working class families since 1951 with life, supplemental health, and accident insurance products to help protect members of labor unions, credit unions, associations, and their families.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Globe Life American Income Division Potts Organization
Globe Life American Income Division Potts Organization is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1996. It is owned by Rick Altig (Business Owner). Its estimated annual revenue is about $815K, with roughly $314K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).
Common questions
- Who owns Globe Life American Income Division Potts Organization?
- Globe Life American Income Division Potts Organization is owned by Rick Altig (Business Owner), according to public sources such as the company's website or filings.
- How much revenue does Globe Life American Income Division Potts Organization make?
- SeeBITDA estimates Globe Life American Income Division Potts Organization's annual revenue at about $815K (likely between $374K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Globe Life American Income Division Potts Organization worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $314K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.
- When was Globe Life American Income Division Potts Organization founded?
- Globe Life American Income Division Potts Organization has been in business since 1996.