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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 ...
In 1994, TMK acquired American Income Life Insurance Company. [3] In 1998, TMK spun off Waddell and Reed Financial, a mutual fund subsidiary. [5] In 2006, TMK began moving its headquarters from Birmingham, AL to McKinney, TX. [2] In 2010, TMK sold United Investors Life Insurance Company (UIL) to Protective Life Corporation. [6]
NILICO's parent company, the insurance American Income Life (AIL), was founded more than 50 years ago by Bernard Rapoport with $25,000 of borrowed capital. [3]NILICO products include life insurance, accident & supplementary health insurance and safe kit for children at no cost.
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American Income Life (AIL) was founded in 1951.″ And that this citation be removed: Colestock, Stephanie. "American Income Life Insurance Review". Investopedia. Retrieved 30 June 2021. Laurettashokler 23:55, 30 January 2023 (UTC) Done Agree with
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