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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 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Pages in category "Life insurance companies of the United States" The following 64 pages are in this category, out of 64 total. This list may not reflect recent changes .
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. [4]
In September 1954, with $200,000 in capital and $100,000 of surplus, Goodman and Rapoport formed a new company called American Income Life Insurance Company (AIL). American Income Life reinsured the policies of the original company and was transformed from a mutual reserve company to a stock company. American Standard, the company's original ...
This 'flooring approach’ to retirement income is popular for the stability it promises — but here’s why boring isn’t always best for American retirees Chris Clark October 27, 2024 at 7:02 AM