American Income Life Insurance Company (AIL) is one of the largest providers of supplemental insurance coverage to labor unions, credit unions, and associations. American Income Life Insurance 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.
American Income Life Insurance and National Income Life Insurance Companies have earned the A+ (Superior) Financial Strength Rating from A.M. Best Company (as of 6/13).
Our Parent Company:
American Income Life is a wholly owned subsidiary of Torchmark Corporation (NYSE: TMK). Torchmark Corporation is one of the largest publicly held financial services holding companies in the nation. Torchmark Corporation markets life and supplemental health insurance for middle-income Americans through its affiliate companies. Torchmark Corporation is a Fortune 1000 company.
As other companies downsize, American Income Life continues to experience growth. AIL’s efforts are focused on creating more union jobs. We proudly proclaim our status as a 100 percent union label Company. From the representatives in the field who write an application, to the administrative staff in the Home Office, all the way up to the CEO, everything is done under the union label.
Also, with increased commissions, production bonuses, and lifetime vesting, AIL’s field force has seen phenomenal growth in long term net worth and a secure financial future.
What sets AIL apart from other insurance Companies?
Besides our humble beginning, rapid growth and expansion, superior industry ratings, outstanding compensation package… we make a difference in people’s lives. Our life insurance protects the lives of hardworking people internationally. American Income Life stands behind its products and behind the policyholders we serve. How? By walking the walk.
AIL is a financially strong company backed by a solid parent company. American Income Life Insurance Company offers strike and layoff premium waivers. During an authorized strike, AIL proudly waives insurance premiums for up to one year. AIL also has a unique lay-off benefit that waives premiums for up to three months on a qualified lay-off. Neither waiver requires payback.
AIL also offers several no-cost products, such as our Child Safe Kit, Family Information Guide, and more.