American Income Life Insurance Company information
American life insurance company
American Income Life Insurance Company
Company type
Subsidiary of Globe Life[1]
Traded as
(formerly NASDAQ: AINC)
Industry
Life insurance
Founded
1951; 73 years ago (1951)
Founder
Bernard Rapoport
Headquarters
Waco, Texas
,
Unites States
Area served
United States, Canada and New Zealand
Key people
Steven K. Greer (CEO)[2]
Products
Supplemental health and life insurance
Parent
Globe Life
Subsidiaries
National Income Life Insurance Company, Union Heritage Life Assurance Company Limited
Website
ailife.com
American Income Life Insurance Company (AIL) is an American unionized life insurance company that provides supplemental life insurance to labor unions, credit unions, and associations.
The company was founded in 1951 and the executive offices have been located in Waco, Texas, since 1959. American Income Life is licensed in 49 states, the District of Columbia, Canada, and is registered to carry on business in New Zealand. AIL also has two wholly owned subsidiaries: National Income Life Insurance Company, licensed in the state of New York, and Union Heritage Life Assurance Company Limited, licensed in the Republic of Ireland.
As of 2013[update], AIL had more than two million policyholders and was a wholly owned subsidiary of Globe Life, based in McKinney, Texas.[3][4][1]
^ abAllison Bell (26 July 2019). "Torchmark to Change Its Name to Globe Life". ThinkAdvisor. Retrieved 29 July 2019.
^"CEO Profile". Bloomberg. Retrieved 17 January 2019.
^Bowyer, Denise. "National View: How business can help us avoid the looming retirement crisis". southcoasttoday.com.
^Rapoport, Bernard (2019). Being Rapoport: Capitalist with a Conscience. Univ of Texas Press. OCLC 1057656587.
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