SeeBITDAOklahoma

Globe Life

Direct Life Insurance Carriers
Estimated valueLow confidence
$1.1M
$411Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$806K
a year
Profit (EBITDA)
$310K
38% of revenue
Employees
—
not reported
Leadership
Bernard Rapoport
Founder · source
Likely to sell
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $1.1M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical direct life insurance carriers business in Oklahoma$806K
Revenue$806K
× 38% profit margin$310K
× 3.6 sale multiple = value$1.1M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Likely to sell

  • In business 28 years (since 1998)
  • Founder still runs it after 28 years

From public records and the company's website, not a statement that it's for sale.

What they do

Globe Life is a life and supplemental health insurance company that offers life, accident, and supplemental health insurance products to working families.

Products & services
Term Life InsuranceLife Insurance for ChildrenWhole Life InsuranceMedicare Supplement InsuranceFinal Expense InsuranceAccidental Death InsuranceMortgage Protection InsuranceCancer InsuranceICU InsuranceCritical Illness InsuranceHospital InsuranceAccident Insurance
Markets served
working families
Service area
United StatesCanada

From the company's website. Industry: Direct Life Insurance Carriers.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Globe Life
this business
$806K$310K—
Derby Insurance Solutions - Oklahoma City Health Insurance Agency
Oklahoma City
$806K$310K0.1 mi
Holmes Murphy & Associates Inc
Oklahoma City
$806K$310K0.1 mi
Globe Accident And Life Insurance Company
Oklahoma City
$806K$310K0.1 mi
Willis Towers Watson
Oklahoma City
$806K$310K0.2 mi
Metro Agency
Oklahoma City
$806K$310K0.2 mi
Sooner State SR22 Drivers Insurance Solutions
Oklahoma City
$806K$310K0.2 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$1.1M
Multiple for this size and industry3.6×
Value range$411K – $1.7M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Direct Life Insurance Carriers 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$371K – $1.0M
EBITDA range$143K – $387K
Industry (NAICS)Direct Life Insurance Carriers (524113)

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

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Globe Life

Globe Life is a direct life insurance carriers company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Bernard Rapoport (Founder). Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).

Common questions

Who owns Globe Life?
Globe Life is owned by Bernard Rapoport (Founder), according to public sources such as the company's website or filings.
How much revenue does Globe Life make?
SeeBITDA estimates Globe Life's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Globe Life worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a direct life insurance carriers company its size. Likely range: $411K–$1.7M.
When was Globe Life founded?
Globe Life has been in business since 1998.
Is Globe Life for sale?
There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.