Ameritas Life Insurance Company was created in 1887.
Bankers Security Life Insurance Company, based in Washington, D.C., was acquired by the insurance company Ameritas Life Insurance Corp. in 2014. The acquisition aimed to enhance Ameritas's product offerings and market presence. Following the purchase, Bankers Security Life continued to operate under its established brand while benefiting from Ameritas's resources.
Ameritas Life Insurance Corp. is a mutual insurance company, meaning it is owned by its policyholders rather than shareholders. This structure allows policyholders to benefit from the company's profits through dividends and other advantages. The company is primarily focused on providing life insurance, retirement solutions, and financial services.
Ameritas specializes in life insurance. Life insurance is an insurance involved in death, when a person dies, someone else can get a large sum of money.
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