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When was AmeriLife founded?

By Henry Morales |

2009
The company was founded in 2009 by Larry McLean, who brought his 20 years of experience in the senior market helping people plan for retirement. He established Your Family Bank’s unique approach to financial education that’s centered on families and has nurtured a company and brand that clients have come to trust.

Is AmeriLife a good company?

AmeriLife is not a scam or insurance MLM. They offer opportunities for both career agents and independent affiliates to sell, and they partner with some of the largest insurance companies in the world.

How long has AmeriLife been around?

1971
The story of AmeriLife begins in 1971, with a single office in the West Central Florida coastal town of Holiday, about 30 miles northwest of Tampa. Our founder identified Americans in or near retirement as a large and underserved consumer base.

What type of company is AmeriLife?

independent marketing organization
AmeriLife is a large independent marketing organization, or IMO. An insurance industry IMO typically forms business agreements with select carriers to market and distribute their products to consumers.

Who owns AmeriLife?

J.C. Flowers
Reservoir Capital Group and Black Diamond Capital Partners acquired AmeriLife in 2007. They sold it in 2015 to J.C. Flowers for less than $500 million, people said.

How many locations does AmeriLife have?

Today, AmeriLife has 45+ insurance offices throughout the United States, and is growing and expanding into new markets. We work with 70+ carrier partners, many rated “A+” or “A” by A.M. Best, a U.S. – based insurance industry rating agency.

Is AmeriLife an FMO?

AmeriLife Group (Clearwater, Fla.), a national insurance and retirement solutions provider has acquired Senior Market Advisors (SMA), a rapidly growing field marketing organization with an emphasis on technology-enabled innovation. …

How long does term life insurance last?

Most term life insurance policies are 10, 20, or 30 years, but many companies offer additional five- or 10-year increments, sometimes up to 35- or 40-year terms. A term length should cover all of your financial obligations and outstanding debts.

What does AmeriLife do?

AmeriLife offers insurance and retirement solutions to provide peace of mind and help people live longer, healthier lives.

What is AmeriLife worth?

A Clearwater-based company that brought over $100 million in revenue in 2018 has been acquired yet again, for a reported value of over $1 billion. AmeriLife, a distributor of annuity, life and health insurance products, was acquired by Thomas H. Lee Partners LP, a private equity firm investing in growth companies.

When was Guardian Life Insurance Company of America founded?

Founded in Manhattan in 1860, the company offers a wide range of insurance products and services, including life insurance, disability income insurance, annuities, investments, dental, and vision.

What was the first company to offer life insurance?

Life insurance. The first life insurance policies were taken out in the early 18th century. The first company to offer life insurance was the Amicable Society for a Perpetual Assurance Office, founded in London in 1706 by William Talbot and Sir Thomas Allen.

When did home beneficial life insurance go out of business?

The company was sold in 1997 to American General Life and Accident Company, according to the Mary Morton Parsons Foundation, a charity founded by Morton’s daughter. Home Beneficial Life Insurance is no longer in business, according to the Better Business Bureau.

When did Germania life insurance company of America open?

With start-up funds from fellow German refugees, he opened Germania Life Insurance Company in 1860 on Wall Street in Manhattan, to cover the growing number of German immigrants arriving on American shores.