American Income Life Insurance (AIL) Reviews and Ratings 2024

August 25, 2024 5 Comments Insurance
American Income Life Insurance (AIL) Reviews and Ratings 2024

American Income Life is an international company that has been protecting working families in the United States, Canada, New Zealand, and New York (through its wholly-owned subsidiary, National Income Life Insurance Company) since 1951. The company offers life, accident, and supplemental health products to help protect members of labor unions, credit unions, associations, and their families. AIL representatives develop long-term relationships with clients and meet them in the comfort of their own homes.

Bernard Rapoport founded American Income Life Insurance Company in 1951 with a small amount of borrowed money. The company has since grown to become one of the leading providers of supplemental life insurance to labor unions, credit unions, and associations.

Here we will review some of the feedback and ratings from its customers so that it will be helpful to you to decide whether to pick this company or not for your life insurance investments.

Overview: American Income Life

Number of reviews: Google (374), BBB (576), Total: (950)
Ratings: Google (3.7), BBB (1.76), AVG (2.73)
Official website: www.ailife.com
Followers: Instagram (9.1k), Facebook (21k)
Founded Year: 1951

Looking at the history and feedbacks of customers, AIL seems to be a significantly aged company. Though it has mixed reviews and ratings from its customers, it can be considered to be a financially strong company with few challenges.

Benefits and Drawbacks of American Income Life Insurance

Upon evaluation of the customers experience and overall presence of the company, we found few benefits and drawbacks of choosing AIL.

Benefits

  1. Commended for good customer support
  2. Competitively priced premiums
  3. Insurance policies with cash value features
  4. Availability of coverage in 49 states
  5. Significant ratings from both A.M Best and the Better Business Bureau (BBB)

Drawbacks

  1. Restricted accessibility
  2. Aggressive sales approaches
  3. Complicated insurance offerings
  4. Mixed feedbacks

How American Income Life Insurance Operates

AIL conducts its operations by marketing life insurance and supplementary health insurance products to working families across the United States, Canada, and New Zealand. The company's sales team consists of autonomous agents, often affiliated with labor unions or credit unions.

After  a policy is sold by an agent, AIL receives a commission, which is a portion of the policy's premium payments. Additionally, AIL assesses fees for services such as policy administration and claims processing.

American Income Life Insurance Product and Services

Mainly AIL provides the Life and Health Insurance coverages. It also helps with managing insurance policies with its policyholder services. It also offers the life insurance agents the opportunities of  selling American Income Life products.

Reviews and Ratings of American Income Life Insurance

American Income Life Insurance is known for its good customer service, which includes personalized assistance, accessibility, expert advice, and an efficient claims process. Their representatives are empathetic and professional, providing tailored solutions to make customers feel valued. The company offers multiple communication channels and quickly addresses inquiries. Their commitment to transparent communication and expert advice instills trust in customers. Their streamlined claims process is swift and efficient. Overall, American Income Life Insurance can be a trusted and reliable partner in the insurance industry.

What People Have to Say About American Income Life Insurance?

Here are a few words of mouth on the internet from the customers of AIL.

A team member with American Income was awesome. She did an amazing job helping us understand everything! I couldn’t thank her enough for all her work and dedication to us. - Rita

★ ★ ★ ★ ★

I have been a customer for quite a long time and it has gotten better. However, you still have to jump through several pages just to get to where are you make payment.- William

★ ★ ★

I felt as though I was treated very kindly.  The information that I received from Sam kept me up to date with the policies for my granddaughters.- Patricia

★ ★ ★ ★ ★

They had my email, but it wasn't sent that way. I can't honestly say how good, if I don't have results.- Norma

★ ★ ★ ★

The agent offered an unexpected additional policy, requiring six beneficiary names and phone numbers, only to use this information to sell policies without consent. The company acknowledged the misconduct, but the payment for the unauthorized policy is still being processed. - Marvin

★ ★

In a Nutshell: American Income Life Insurance

American Income Life Insurance Company (AIL) boasts a long history, founded in 1951, suggesting its enduring presence in the industry. While customer feedback is mixed, with Google reviews averaging 3.7 and BBB ratings at 1.76, AIL maintains a substantial online following with 9.1k Instagram and 21k Facebook followers. Despite the variance in opinions, AIL's resilience and financial strength are evident, underscoring its position as a well-established company, albeit with some ongoing challenges. You can learn more about AIL and its offerings by visiting their official website at www.ailife.com.

Why BCSol Reviews American Income Life Insurance

While volunteering abroad, it is obvious that you will be traveling abroad. Traveling abroad can have some risks and uncertainties. Life insurance can cover you and your loved ones in case of such uncertain incidents.

Also, you be being insured properly can bring a peace of mind to your traveling experience. As Volunteer BCSol has been promoting and actively enrolling people for spiritual and mindful traveling experience, it is important for us that people travel with complete peace of mind. That is why we are reviewing here some insurance companies and coverage they provide.