American Income Life: The Insurance MLM That Won't Leave You Alone (Even if You Died) | Multi Level Mondays
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The Life Insurance Business Model of Bernard Rappaport
In 1951, Bernard Rappaport and his wife's uncle Harold Goodman founded the American Income Life Insurance Company with $25,000 in Indianapolis. In 1994, the Insurance and Financial Services Holding Company Torchmark Corporation purchased AIL for $563 million. Their philosophy is also somewhat standard for an insurance company: Opportunity unlimited.
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