what is ail

1 year ago 69
Nature

AIL stands for American Income Life Insurance Company, which is a unionized life insurance company that provides supplemental life insurance to labor unions, credit unions, and associations. AIL was founded in 1951 and is licensed in 49 states, the District of Columbia, Canada, and is registered to carry on business in New Zealand. AIL 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. AIL is a wholly-owned subsidiary of Globe Life (NYSE: GL), based in McKinney, Texas. AIL offers life, accident, and supplemental health products to help protect members. AIL has a unique niche in the insurance marketplace, providing affordable insurance to hardworking individuals. AIL also offers several no-cost products, such as strike and layoff premium waivers.