The National Income Life Insurance Company (NILICO), which is a subsidiary of American Income Life Insurance, operates in a unique manner as a 100% union insurance agent. Once a union agrees to a partnership with National Income Life Insurance, all their members receive Accidental Death and Dismemberment coverage at no cost to the union member.
In exchange for this free insurance coverage, union members receive direct mail outlining the benefits of NILICO’s supplemental insurance packages. Any interested recipients return a card outlining their areas of interest and only these interested members receive specific details about a possible insurance solution for their needs.
Because of this unique approach, NILICO does not use any cold calling methods. Representatives only contact those people that have directly expressed an interest in taking supplemental insurance plans through National Income Life Insurance. Union members benefit greatly from this arrangement because they receive free insurance, and enjoy a hassle free method of arranging further insurance coverage.