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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. "Since our founding, AFV and I, personally, had a good friend named Bernard Rapoport.
What happens when you cancel a life insurance policy? Generally, there are no penalties to be paid. If you have a whole life policy, you may receive a check for the cash value of the policy, but a term policy will not provide any significant payout.
Can I cancel my life insurance policy at any time? Yes. Canceling term life insurance comes with no penalties. Insurers charge a fee if you cancel whole life insurance during the surrender period, which is subtracted from your policy's cash value.
NEW YORK (CNNfn) - As expected, American International Group Inc. won its $23 billion takeover bid for American General Corp. Friday, scuttling an earlier deal inked by U.K. insurer Prudential PLC.
MetLife, Inc. (NYSE: MET) announced today that it has completed its acquisition of American Life Insurance Company (Alico) from American International Group, Inc. (AIG) for $16.2 billion.

People also ask

MetLife, Inc. (NYSE: MET) announced today that it has completed its acquisition of American Life Insurance Company (Alico) from American International Group, Inc. (AIG) for $16.2 billion.
American Income does offer legitimate life insurance policies. They are very financially strong and can be trusted to pay their claims.
On November 1, 2010, MetLife, Inc. completed its purchase of American Life Insurance Company (Alico).
Do you get your money back if you cancel your life insurance? The answer to this is usually no. Protection insurance is a simple product that protects you financially against death and illness while you pay premiums. If you don't pay your insurance premiums, you aren't protected.
About American Income Life Insurance Company American Income Life Insurance and National Income Life Insurance Companies have earned the A+ (Superior) Financial Strength Rating from A.M. Best Company (as of 7/18).

american life insurance cancellation form