National Income Life Insurance Company Explained

National Income Life Insurance Company
Type:	Subsidiary of Globe Life^[1]
Location City:	Liverpool, New York
Location Country:	United States
Area Served:	New York
Key People:	Steven K. Greer, CEO^[2]
Industry:	Life insurance
Products:	supplemental health and life insurance
Parent:	American Income Life Insurance Company, Globe Life

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

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]

Notes and References

1. Web site: Torchmark to Change Its Name to Globe Life. ThinkAdvisor. Allison Bell. 26 July 2019. 29 July 2019.
2. Web site: Executive Profile Steven Kelly Greer. Bloomberg. 17 January 2019.
3. Rapoport, Bernard (2002). Being Rapoport. University of Texas Press. Web site: Who We Are . 2011-06-14 . dead . https://web.archive.org/web/20110727201530/http://www.rapoportfdn.org/whoweare.php . 2011-07-27 . . Accessed September 21, 2010.
4. Web site: National Income Life Insurance Products. NILife. 18 May 2020.