American Income Life Insurance Company is an international company protecting working families in the United States, Canada, New Zealand, and through our wholly-owned subsidiary, National Income Life Insurance Company in New York. American Income Life Insurance offers many legitimate policy types, but there are also some downsides to be aware of before you make a purchase. Although there are some pros you have objectively added to this review, the cons far outweigh them for American Income Life Insurance being considered as an employment option. Although American Income’s multi-level marketing sales strategies are questionable, they do offer legitimate life insurance policies. You have rightly stated that although not a scam, they are using deceptive practices to cover up what really is the deal with the company. Close. American Income Life Insurance Products. Learn more about interviews at American Income Life Answered March 14, 2017 - Insurance Conservation Specialist (Former Employee) - Waco, TX Yes, you can get commission from reselling insurance or getting a customer to make a payment on their insurance. American Income Life Insurance is sold differently than many other companies, as they use a multi-level marketing structure. The posts on this board are ridiculous. Now share it across your social networks to increase it's visibility! No, AIL is not a scam but the way they use to present things in front of people, that's very deceiving. The company’s main office is in Waco, Texas. From the big money claims to the 'how easy this is' and all that stuff, we didn't find any positives here. For most people, term life insurance provides the best value for money. Term Life Insurance– Term life is a form of temporary life insurance that provides coverage for only a short and specified period of time. Is American Income Life a Scam? Like we mentioned before American Income Life Insurance offers Term and Whole life insurance and a Final Expense Plan. Former Employee - Insurance Agent in Edina, MN. This means that they may be biased when providing you with information about their policies or the company in general. After all information I gave, you can be sure that American Income Life is completely a legit insurance company, it’s not even considered as a pyramid scheme or something like that. And that structure is based off of a typical MLM hierarchy. Customers report that it is very difficult to get in touch with agents or customer service representatives as needed. The company has been label many with scams, with many people calling them American Income Life Rip Off. That being said, the utility of their products are truly valuable – it’s life insurance … Most consumers would be better off purchasing life insurance from another company. American Income Life is owned by Globe Life Inc., a publicly-traded company on the NYSE with a market cap of $8.46 billion. Close. 42. Please fill all the fields below (your email won't be displaied on the site). Doesn't Recommend. American Income also offers a set of what they call supplemental health insurance. more affordable than whole life insurance, How to Find Out If A Life Insurance Policy Is Still Valid. About American Income Life Insurance Company. Your simple answer is YES, they are Legit. It has a limited product range: Term life insurance. Additionally, agents are only paid when they make a sale, or when their recruits make sales. This is kinda deceptive given the way you are approached into joining American Income Life. American Income Life is a completely legitimate insurance company that operates to the letter of the law. However, there are many aspects of … But this is not a program that I would recommend to anyone. Depending on the chosen program, you can partially or completely protect yourself from unforeseen expenses. The insurance benefits offered through American Income are one of a kind and have been designed to work for union members and their families. American Income Life Insurance is a legitimate company. You will be lied to constantly here from the time you walk into the door to the day you eventually quit… Beneath AI… The owners of the company had operated under the name American Income as early as 1951. They are a subsidiary of Globe Life and are currently licensed in 49 US states, Washington DC, and Canada. American Income Life operates in almost every U.S. state, District of Columbia, Canada and New Zealand. Just like any lead, the broker has to find the need which in this case, may not be one. Possibility for huge amounts of commission money. Each agent is also expected to recruit new agents, and they will earn a percentage of the sales that their recruits make. 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