American Income Life Insurance Company is an international company protecting working families in the United States, Canada, and New Zealand.
American Income Life is a wholly-owned subsidiary of Globe Life Inc. (NYSE: GL), an S&P 500 Company that markets life and supplemental health insurance for middle-income families through its affiliate companies.
Click here for further information about American Income Life Insurance Company.
American Income Life Insurance Company has been granted an A (Excellent)* financial strength rating from A.M Best Company, Inc. Effective from 31 August 2023.
*This rating refers only to the financial strength of the company and is not a recommendation of the specific policy provisions, rates, or practices of the company.
A.M Best Company, Inc is a financial auditing company providing rating services to the global insurance industry. For more information about A.M Best Company, Inc please visit: http://www.ambest.com
A.M Best Company, Inc rating scale:
| Rating | Descriptor | Definitions |
| SECURE | ||
| A++, A+ | Superior | Assigned to companies that have, in our opinion, a superior ability to meet their ongoing insurance obligations |
| A, A- | Excellent | Assigned to companies that have, in our opinion, an excellent ability to meet their ongoing insurance obligations |
| B++, B+ | Good | Assigned to companies that have, in our opinion, a good ability to meet their ongoing insurance obligations |
| VULNERABLE | ||
| B, B- | Fair | Assigned to companies that have, in our opinion, a fair ability to meet their ongoing insurance obligations. Financial strength is vulnerable to adverse changes in underwriting and economic conditions. |
| C++, C+ | Marginal | Assigned to companies that have, in our opinion, a marginal ability to meet their ongoing insurance obligations. Financial strength is vulnerable to adverse changes in underwriting and economic conditions. |
| C, C- | Weak | Assigned to companies that have, in our opinion, a weak ability to meet their ongoing insurance obligations. Financial strength is very vulnerable to adverse changes in underwriting and economic conditions. |
| D | Poor | Assigned to companies that have, in our opinion, a poor ability to meet their ongoing insurance obligations. Financial strength is extremely vulnerable to adverse changes in underwriting and economic conditions. |
| E | Under Regulatory Supervision | Assigned to companies (and possible their subsidiaries/affiliates) placed under a significant form of regulatory supervision, control or restraint – including cease and desist orders, conservatorship or rehabilitation, but not liquidation – that prevents conduct of normal, ongoing insurance operations. |
| F | In Liquidation | Assigned to companies placed in liquidation by a court of law or by a forced liquidation. |
| S | Suspended | Assigned to rated companies when sudden and significant events affect their balance sheet strength or operating performance and rating implications cannot be evaluated due to a lack of timely or adequate information. |
Scale information sourced from: http://www.ambest.com/ratings/guide.pdf
