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 A- by AM Best Company, the most recognized rating agency for the insurance industry.