AFLAC Inc (NYSE:AFL)

Financial

Aflac Inc is an American company that provides supplemental insurance products and services.

Headquartered in Georgia, the company was founded by Bill Amos, Paul Amos, and John Amos in November 1955. It was initially known as American Family Life Insurance Company of Columbus.

In 1989, the firm rebranded to Aflac Inc, which is reportedly an acronym for American Family Life Assurance Co of Columbus.

It is a general holding company that provides supplemental insurance services in its two reportable geographic divisions: Japan and the United States.

The insurance products include cancer expertise, disability and accident, short-term disability, hospital indemnity and sickness, fixed-benefit dental plans, pet insurance, and hospital intensive care.

The insurance firm is listed on the New York Stock Exchange, where its common stocks trade under the symbol ‘AFL. The firm claims that its supplemental insurance products and services offer a financial protection to employees and families in the events like serious illness or accidents. A supplemental insurance is an additional coverage that one can make use in respect to out-of-pocket expenses, which may or may not be covered by other medical plans, Aflac Inc claims.

It adds that customers these days seek extra financial safety owing to unforeseen circumstances and rising medical expenses. Furthermore, the insurance firm says that online calculators like Life Insurance Calculator and Benefit Calculator provides users with detailed structure on investment and returns.

The company also provides assistance and support for insurance services related to life, cancer and dental.

The supplemental insurance provider operates through a network of distributors, Dai-ichu-Life, banks, Daido Life, etc., in Japan.

In November 2020, the firm acquired from Zurich North America its corporate life and pension business in the United States through its two insurance subsidiaries. The acquisition consists of business operations in absence management, disability, and group life products.

The American company operates through Continental American Insurance Company Inc, AFLAC Insurance Services Company Limited, Aflac Northern Ireland Ltd, Aflac Asset Management LLC, Aflac Holdings LLC, Argus Holdings LLC, Tire one Insurance company, Aflac Counsel Ltd, and Aflac Payment Service Ltd.

Contact Information

company address 1932 Wynnton Road Columbus, GA 31999 United States of America.

company phone1-706-323-3431

company email[email protected]

company websitewww.aflac.com

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