Globe Life And Accident Insurance Company has extended its partnership with the Texas Rangers through 2048 by signing a new naming rights agreement for the future retractable-roof ballpark, which will be built adjacent to the existing Globe Life Park in Arlington next to the AT&T Stadium.

The new home of the Texas Rangers will be named Globe Life Field and is scheduled to be completed by April 2020. Globe Life Direct Response President and CEO Bill Leavell, who currently resides in Prosper, spoke at the Texas Rangers conference on Thursday August 24.

“We are thrilled to continue as the Official Life and Health Insurance Company of the Texas Rangers,” said Leavell. “We’ve seen positive results from our Globe Life Park partnership. It’s extremely exciting to be a part of the game plan for Globe Life Field and to continue supporting the outstanding work carried out for children through the Texas Rangers Baseball Foundation.”

Leavell credited the facility opening to the company’s 1,500 McKinney-based employees and nearly 400,000 Texas policyholders.

“Globe Life has been an outstanding partner over the last four years, and the Rangers are excited that this relationship will continue long into the future,” said Ray Davis, Texas Rangers Co-Chairman and Managing Partner. “We thank Globe Life for their commitment as the naming rights partner for the beautiful new Globe Life Field and for being a leader in its community efforts with our youth.”