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 a wholly-owned subsidiary: National Income Life Insurance Company (NILICO), licensed in the state of New York. 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 6/16).

Our Parent Company

American Income Life Insurance is a wholly-owned subsidiary of Torchmark Corporation (NYSE: TMK), an S&P 500 Company.

History of AIL

American Income Life was founded in 1951 by Bernard Rapoport. Using just $25,000 in borrowed capital, Rapoport started American Income Life and turned AIL into a profitable insurance company with a unique, untapped niche in the insurance marketplace. His vision for providing affordable insurance to hardworking individuals gives anyone with the drive to succeed the opportunity to earn an unlimited income. American Income Life, along with our New York subsidiary National Income Life, has combined assets of more than $3.6 billion with more than $55 billion of life insurance in force in 2016 (as of 5/17).

Interested in learning more? Browse through the entire American Income Life historical timeline to see how the company has grown over the last several decades.

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.