Is "GLOBE LIFE AND ACCIDEN" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "GLOBE LIFE AND ACCIDEN"?

Globe Life, established in 1951, is a provider of life and supplemental health insurance products. The company offers a variety of insurance plans, including term life, whole life, and accidental death insurance. Globe Life also provides specialized insurance products for children and adults aimed at covering specific medical conditions and expenses. The company operates through direct-to-consumer channels as well as through independent agents.

**GLOBE**: Likely refers to Globe Life, an insurance company.

**LIFE**: Indicates that the transaction is related to life insurance.

**AND**: Connective part of the company name.

**ACCIDEN**: Abbreviated form of "Accident," referring to accident insurance coverage provided by the company.

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.