Last updated July 8, 2009
With just $25,000 of borrowed capital, Bernard Rapoport founded American Income Life Insurance Company more than 50 years ago. Today, American Income Life is a subsidiary of Torchmark Corporation and has become one of the nation’s largest providers of supplemental life insurance to labor unions, credit unions and associations. American Income provides coverage to over two million policyholders and represents over $90 million in annual insurance product sales.
Torchmark Corporation, based in McKinney, Texas is an S&P 500 holding company that specializes in life insurance, supplemental health insurance and financial services. The company was founded in Birmingham, Alabama where it was headquartered until 2006 and where it still maintains its largest operations. Its core company, Liberty National, was formed in 1900, and after an acquisition it formed Torchmark as a holding company in the late 1970s.
American Income Life Insurance Company has several premium health care products available to families of labor unions, credit unions, associations and other organizations:
Contact American Income at:
American Income Life Insurance Company
1200 Wooded Acres Dr
Waco, TX 76710
Telephone: (800) 433-3405
Sources: “American Income Life History”, American Income Life Web site; “Torchmark”, Wikipedia, June 22, 2009; “”Products”, American Income Life Web site, 2009