Family Heritage Becomes A Torchmark Company
Cleveland, OH – November 1, 2012 – Today, Torchmark Corporation (NYSE: TMK) completed its acquisition of Family Heritage Life Insurance Company of America.
Founded in 1989, Family Heritage has established a long history of profitable growth in life and supplemental health insurance with a return of premium feature. It has approximately 1,000 captive agents and over 238,000 policies in force. Family Heritage employs slightly more than 100 people and is on track to have more than $200 million in revenue this year.
“Torchmark Corporation’s focus on relationships and middle-income Americans fits perfectly with our focus on this market and our philosophy of superb customer service to our policyholders and sales professionals,” said Howard Lewis, Family Heritage President and Founder. “Their financial strength and resources will allow Family Heritage to continue its aggressive growth record.”
About Family Heritage