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National Income Life Insurance Company

From Wikipedia, the free encyclopedia
National Income Life Insurance Company
Company typeSubsidiary of Globe Life[1]
IndustryLife insurance
Founded2000; 24 years ago (2000)
Headquarters,
United States
Area served
New York
Key people
Steven K. Greer, CEO[2]
Productssupplemental health
and life insurance
ParentAmerican Income Life Insurance Company, Globe Life
Websitewww.nilife.com

National Income Life Insurance Company (NILICO) is an American insurance company providing supplemental life insurance to members of labor unions, credit unions, and associations. The company is based in Rochester, New York and is a subsidiary of American Income Life Insurance Company which is a subsidiary of Globe Life.

History

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NILICO's parent company, the insurance American Income Life (AIL), was founded more than 50 years ago by Bernard Rapoport with $25,000 of borrowed capital.[3]

NILICO products include life insurance, accident & supplementary health insurance and safe kit for children at no cost.[4]

References

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  1. ^ Allison Bell (26 July 2019). "Torchmark to Change Its Name to Globe Life". ThinkAdvisor. Retrieved 29 July 2019.
  2. ^ "Executive Profile Steven Kelly Greer". Bloomberg. Retrieved 17 January 2019.
  3. ^ Rapoport, Bernard (2002). Being Rapoport. University of Texas Press. ISBN 0-292-77117-7 "Who We Are". Archived from the original on 2011-07-27. Retrieved 2011-06-14.. Accessed September 21, 2010.
  4. ^ "National Income Life Insurance Products". NILife. Retrieved 18 May 2020.