American Income Life reviews

TERRIBLE EXPERENCE!!! Worst company I have ever worked for.Stay away from this company. The national insurence director should investigate this ponsi sceem.

Where do I start with this company? This company is a miserable excuse for an insurance company, absolutely no integrity when it comes to “helping” their agents or their clients. First they force agents into an office twice a week so they can show off Annual premiums sold by each agent and parade their checks around as to try to impress new agents. What they fail to tell people is the AP the agents sell, the agent only receives 35%-50% of that. So for example, if I were to sell 4,000 AP, I’d get roughly $1300-$2000 of that. Sounds nice, except when you realize there are IMO’s on the market that give their agents all 100% of whatever they sell. AIL is stuck in the past when it comes to compensating agents, that’s why their turnover is so incredibly high. While I was with them I’d say it was at about 85-90% turnover rate. Not sure how they even keep the 10%. Also on the other side of things, AIL doesn’t even offer a competitive product for its clients. Now that I’m a broker, I love when I run into somebody with a policy with AIL, because I know my UL options are much more appealing than what AIL has to offer. I’ll admit their Whole Life policy’s for ages 0-35 are comparable to about any other company, but as soon as they’re past 35, AIL has nothing great for the client. For example I just set up a client with a policy that they pay into for 35 years starting at the age of 30. $2400 a year, making it out to roughly an $84k investment for my client. That $84k is going to mature into roughly $1 million dollars for that client in that 35 years. Thats a $916,000 return on their investment! AIL has nothing even close to a product that offers that. BOOM!