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About
Aflac, Inc. is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. It operates through two segments: Aflac Japan and Aflac U.S. The Aflac Japan segment provides death benefits and cash surrender values, WAYS product, have features that allow policyholders to convert a portion of their life insurance to medical, nursing care, or fixed annuity benefits at a predetermined age and child endowment product. It also sells voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical & sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities. The Aflac U.S. segment sells voluntary supplemental insurance products including products designed to protect individuals from depletion of assets and loss-of-income products. The company was founded by John Amos, Daniel Paul Amos and William Amos on November 17, 1955 and is headquartered in Columbus, GA. | |||
Description
Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, including cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan. The Aflac U.S. segment provides products designed to protect individuals from depletion of assets comprising accident, cancer, critical illness/care, hospital indemnity, fixed-benefit dental, and vision care plans; and loss-of-income products, such as life and short-term disability plans in the United States. The company sells its products through sales associates and brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia. | |||
