Life Of Alabama

Since its organization in 1952, Life Insurance Company of Alabama (LICOA) has been dedicated to serving the insurance needs of middle-income America. Over the past 71 years, we have paid out hundreds of millions of dollars in benefits to our policyholders, with more than $38 million paid out in just the past two years. Our company has grown into a multi-million dollar financial institution, with over $100 million in assets and operating in 12 Southeastern states.

At LICOA, we take pride in our strong financial ratings from AM Best Company and excellent marks from Standard Analytical Service, Inc. This solid financial foundation allows us to provide top-notch insurance products and services to our valued policyholders.

Products and Services

At Life Insurance Company of Alabama, we offer a range of insurance products designed to meet the needs of our policyholders. Our product portfolio is designed to integrate with other insurance to fill any gaps that may exist, ensuring complete coverage for our policyholders.

Our life insurance policies provide direct benefits to the insured during their time of need. We understand that health care and insurance costs are soaring, and we're committed to providing affordable coverage options for our policyholders. Our voluntary supplemental products are available at low group rates for employers looking to cut costs while still providing valuable coverage for their employees.

We have been a leader in worksite marketing of supplemental insurance products for over 25 years. Our sales and marketing team, led by President Clarence W. Daugette III and Executive Vice President/Chief Marketing Officer Raymond R. Renfrow, Jr., CLU, are dedicated to meeting the unique needs of each policyholder.

Our Founder

Life Insurance Company of Alabama was founded by the late Colonel Clarence W. Daugette, Jr. His vision was to build a great insurance company in Alabama and the South, providing valuable coverage and benefits to policyholders. Today, we continue to honor his legacy by providing exceptional insurance products and services to thousands of men, women, and children across the Southeast.

At Life Insurance Company of Alabama, we are committed to serving your insurance needs with care and dedication. We understand that each policyholder is unique, and we work tirelessly to provide customized coverage options that meet your specific needs. Contact us today to learn more about our products and services.