National Income Life Insurance Company

National Income Life Insurance Company is a provider of life insurance policies, specializing in policies for working families across the United States. The company was founded in 1951 by Bernard Rapoport, who had a vision of providing affordable insurance policies for working people who were often ignored by larger insurance companies. Since its founding, the company has grown to become a major provider of life insurance policies, with a focus on providing affordable and accessible coverage to individuals and families who need it most.

History of National Income Life Insurance Company

The National Income Life Insurance Company was founded in 1951 by Bernard Rapoport, who had a vision of creating a life insurance company that would serve the needs of working people. Rapoport was born in Texas in 1917, and grew up in a family of Jewish immigrants who had fled from Russia. After serving in the military during World War II, Rapoport returned to Texas and became involved in the labor movement. He quickly realized that many working families were struggling to make ends meet, and often didn’t have access to affordable life insurance policies.

In response to this need, Rapoport founded the National Income Life Insurance Company, with a focus on providing affordable and accessible life insurance policies to working families. The company grew quickly, and by the 1960s was one of the largest providers of life insurance policies in the United States.

In 1991, the company became a subsidiary of the American Income Life Insurance Company, another provider of life insurance policies for working families. Today, the National Income Life Insurance Company continues to be a major player in the life insurance industry, with a focus on providing affordable and accessible coverage to individuals and families who need it most.

Types of Policies Offered by National Income Life Insurance Company

The National Income Life Insurance Company offers a range of life insurance policies to meet the needs of working families across the United States. These policies include:

Policy Type
Description
Term Life Insurance
Provides coverage for a specific period of time, typically 10, 20, or 30 years.
Whole Life Insurance
Provides coverage for the entire life of the policyholder, and typically includes a savings component.
Universal Life Insurance
Provides flexible coverage and premium payments, allowing policyholders to adjust their coverage as their needs change.

In addition to these standard policy types, National Income Life Insurance Company also offers policies specifically designed for working families. These policies include:

  • Child Safe Kit: Provides a kit with important information about a child in case of an emergency.
  • Accident and Disability Insurance: Provides coverage for accidents and disabilities that may prevent the policyholder from working.
  • Cancer Policy: Provides additional coverage for cancer-related expenses not covered by traditional health insurance.

FAQ

How do I apply for a policy with National Income Life Insurance Company?

You can apply for a policy with National Income Life Insurance Company by visiting their website or calling their toll-free number. You will need to provide basic information such as your name, address, and date of birth, as well as information about your health and lifestyle.

How much does a policy with National Income Life Insurance Company cost?

The cost of a policy with National Income Life Insurance Company will depend on a number of factors, including your age, health, and lifestyle. Generally, policies with National Income Life Insurance Company are affordable and accessible to working families.

Is National Income Life Insurance Company a reputable company?

Yes, National Income Life Insurance Company is a reputable company that has been providing life insurance policies to working families for over 70 years. The company is rated A+ by the Better Business Bureau, indicating a high level of customer satisfaction and trustworthiness.

What is the Child Safe Kit?

The Child Safe Kit is a free service provided by National Income Life Insurance Company that provides important information about a child in case of an emergency. The kit includes a fingerprinting kit, an emergency card, and a DNA swab, and can be used to quickly provide critical information to law enforcement in the event of a missing child.

Does National Income Life Insurance Company offer policies for senior citizens?

Yes, National Income Life Insurance Company offers policies for individuals of all ages, including seniors. These policies are designed to provide affordable and accessible coverage to individuals and families who need it most, regardless of age or health status.

Conclusion

National Income Life Insurance Company is a reputable provider of life insurance policies for working families across the United States. The company was founded with a vision of providing affordable and accessible coverage to individuals and families who need it most, and has grown to become a major player in the life insurance industry. Whether you are looking for term life insurance, whole life insurance, or a policy specifically designed for working families, National Income Life Insurance Company has a range of policies to meet your needs.