American Income Life Insurance Company, headquartered in Waco, Texas, operates within the insurance industry as a major provider of supplemental insurance benefits for working families. The organization distributes its products through established relationships with labor unions, credit unions, and various associations. Founded over five decades ago by entrepreneur and philanthropist Bernard Rapoport with $25,000 in borrowed capital, the company has grown into a significant entity in the sector.
The company maintains a broad operational footprint, holding licenses in 49 states, the District of Columbia, and Canada, while also being registered to conduct business in New Zealand. It owns National Income Life Insurance Company, a subsidiary licensed in New York. Financial data from 2014 indicates combined assets exceeding $3 billion and over $46.6 billion in life insurance in force. In October 2024, A.M. Best assigned American Income Life an A rating for Financial Strength, reflecting its stability.
American Income Life Insurance Company maintains a long-standing tradition of partnering with the working family community. This includes collaboration with national and local leaders, advocacy for key issues, and investment in public agendas that align with the core values of working people. The organization continues to support careers through its dedicated recruitment portal.