American Benefit Life Insurance Company


American Benefit Life Insurance Company was established in 1909 and is the first chartered life insurance company located in the state of Oklahoma. It was purchased by the Liberty Bankers Insurance Group in 2002 and operated as Mid-Continent Preferred Life until 2009 when its name was changed to American Benefit Life.

Now headquartered in Dallas, Texas, American Benefit Life has strategic relationships for reinsuring pre-need and whole-life insurance business since 2004. With this steady source of growth, American Benefit Life now insures over 15,000 lives in the state of Texas. In addition, American Benefit Life continues to act as a reinsurer for other companies by purchasing blocks of pre-need and whole-life business.

American Benefit Life is rated B++ by A.M. Best Company, the most recognized rating agency for the insurance industry.

The Capitol Life Insurance Company


The Capitol Life Insurance Company (CLIC) was established in 1906 as the first charter in the state of Colorado and was purchased by the Liberty Bankers Insurance Group in 2007. The company is located in the state of Texas, with its headquarters in Dallas, and markets a full line of life insurance and annuity products in states that complement the marketing efforts of Liberty Bankers Life.

CLIC is currently rated B++ by A.M. Best and is assigned a stable rating outlook. In their most recent report, Best notes the company’s solid level of capitalization, positive earnings history and relatively liquid investment portfolio.

Liberty Bankers Life Insurance


Liberty Bankers Life (LBL) was originally incorporated by Pilgrim Life Insurance Company of America in the Commonwealth of Pennsylvania during 1958 as Royal Oak Life Insurance Company. Over 40 years the company grew slowly and conservatively changing ownership several times and developing experience in offering a variety of traditional life insurance products in 40 states as well as annuities.

By 2004, and now owned by Heritage Guaranty Holdings, the company had reached $200 million in assets and management set out to more aggressively expand its product offerings and sales force. A broad array of traditional life insurance products including whole life, term life, and critical illness.

Through a series of mergers and acquisitions that included American Benefit Life, Winfield Life, Capitol Life and Continental Life, steady growth was achieved in both Life insurance and annuity sales. The company markets products in 47 states through over 6,000 insurance professionals. National Underwriter magazine consistently ranks us in the top 100 companies offering annuities in the United States. More recently, we began offering supplemental health insurance products introduced Medicare Supplement products in 2016 and Critical Illness and Accident products in 2018.