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Labor Unions rely on American Income Life Insurance

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Labor Unions rely on American Income Life Insurance

Labor Unions rely on American Income Life Insurance

American Income Life is one of the foremost life insurance companies of United States, which is offering quality life insurance plans since years, to all its members. At present, the company trades in life insurance plans in 49 states of the nation, Puerto Rico, District of Columbia, Canada and also in New Zealand. The company was found in the year 1954 in the state of Texas and got its official trade permit in 1956.

There are many things that are involved for the huge success of American Income Life. These reasons are like:

  • It has 2.1 billion dollars of operational life insurance coverage.
  • It has assets that are worth 1.3 billion dollars, which proves that it has a stable financial position in the insurance market.
  • It has a huge satisfied clientele that also empowers the company’s stability. Presently, it serves more than 2 million people who are the members of above 20,000 local associations.

American Income Life was involved at the time of the licensing procedure of National Income, another health care company of New York. In fact, the latter is now a completely-owned ancillary unit of American Income Life.

It is mainly popular for selling supplemental life insurance plans to groups and professional associations like labor groups, credit unions etc. It not only offers coverage to the members of such associations but also to their family members. The company also deals in

  • Supplemental life plans consisting of both term life and whole life plans
  • Supplemental accident indemnity coverage
  • Supplemental medical insurance policies

American Income Life is a completely-owned ancillary unit of Torchmark Corporation. It is one of the leading indemnities and financial organizations reputed for making smart investments of its funds and properties, in such a manner that secures them from all sorts of monetary fluctuations occurring in the insurance market.

American Income Life, which has its headquarters located at 1200-Wooded Aces in Waco in the state of Texas (ZIP: 76797), is a Rated A+ life insurance company. It offers satisfactory consumer support services when demanded. Those who are the customers of the company’s life insurance products have always praised its advanced operations and awesome services since years.

All the life insurance products of American Income Life are targeted for those who are the associates of trade and labor unions. In addition to this, it also extends its coverage for the families of the union members.

Since the last decade, the company has excused more than 5.3 million dollars in the premium amounts of plan owners, who went on strike or have lost their jobs. The company was born with the aim to serve people even in times of crisis and that is what it is doing from the day it was established. A majority of the workers and labors, of different parts of the nation, belonging to different groups and unions; still rely on American Income Life because of their excellent life insurance services.

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