American Income Life Insurance Company
| Company type | Subsidiary of Globe Life |
|---|---|
| (formerly NASDAQ: AINC) | |
| Industry | Life insurance |
| Founded | 1951 |
| Founder | Bernard Rapoport |
| Headquarters | , United States |
Area served | United States, Canada and New Zealand |
Key people | Steven K. Greer (CEO) |
| Products | Supplemental health and life insurance |
| Parent | Globe Life |
| Subsidiaries | National Income Life Insurance Company, Union Heritage Life Assurance Company Limited |
| Website | ailife |
American Income Life Insurance Company (AIL) is an American unionized life insurance multi-level marketing 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 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.
As of 2013, AIL had more than two million policyholders and was a wholly owned subsidiary of Globe Life, based in McKinney, Texas.