American Income Life Insurance Company, founded in 1951 by Bernard Rapoport, has evolved from a modest startup with $25,000 in borrowed capital to one of the leading providers of supplemental life insurance in the world. Headquartered in Waco, Texas, AIL specializes in delivering affordable life insurance and supplemental health benefits primarily to working families in the United States, Canada, and New Zealand. The company serves over 4 million policies and boasts combined assets exceeding $8.7 billion, with more than $88 billion in life insurance in force as of December 31, 2023. American Income Life is particularly notable for its commitment to the labor community, providing insurance solutions tailored for members of labor unions, credit unions, and associations. Its products emphasize portability, ensuring coverage adheres with the family as jobs change or relocate.
American Income Life sets itself apart with its deep-rooted advocacy for workers' rights and community initiatives. The company actively supports causes related to fair trade, environmental sustainability, and economic reform, reflecting its dedication to social responsibility. AIL has a union label, ensuring that all aspects of its operations, from its employees to the independent agents selling its products, are grounded in this commitment. With an excellent financial strength rating from A.M. Best, American Income Life continues to grow and develop new offerings to meet the evolving needs of its policyholders. Their altruistic ethos is embodied in initiatives like the Child Safe Kit, further cementing their status as a pioneer in the insurance industry focused on safeguarding families’ futures.
United States only
Canada only