American Income Life Insurance Company
The American Income Life Insurance Company is one of the largest insurance companies in the US. It specializes in supplemental insurance for groups such as labor unions, credit unions, and associations. The company prides itself on representing the issues of unions and supporting the needs of families of union members. Its employees are union members. It is a wholly-owned subsidiary of the Torchmark Corporation, a financial and insurance company that prides itself on investing most of its assets in ways that protect them from the swings of the market.
American Income Life Insurance Company was instrumental in licensing the National Income Life Insurance Company in the state of New York. The National Income Life Insurance Company is a wholly-owned subsidiary of the American Income Life Insurance Company. Thus, the American Income Life Insurance Company has a presence in each of the 50 states.
Products are typically geared to union members and their families, and are purchased through union representatives. The company also sells insurance to 4-H clubs. The American Income Life Insurance Company prides itself on good service and good deeds, especially those involving labor-related causes. The company was founded over fifty years ago, in 1954 and was licensed in Waco, Texas, in 1956.
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