Black Owned Life Insurance Companies at Life

Black Owned Life Insurance Companies. Even in 2020, black owned insurance companies continue to make headlines, experience incredible economic success and give back to their. The founding of nc mutual in 1898 filled a huge gap.

Black owned company connecting black people with black insurance agencies. This means that the protective cocoon provided by a largely segregated society has. Today, it is still recognized as the largest and oldest african american life insurance company in the united states.

Today, it is still recognized as the largest and oldest african american life insurance company in the united states. By 1973 one company, atlanta life insurance, held over $346 million (also worth over $2 billion today). Blacks value life insurance as a way to pass on generational wealth, but many times buy only enough life insurance to cover funeral expenses. Even in 2020, black owned insurance companies continue to make headlines, experience incredible economic success and give back to their.