About Aetna Life Insurance Company Inc

As the life insurance subsidiary of health care giant Aetna, Aetna Life Insurance Company (ALIC) offers group life policies and select individual products throughout North America. It also provides disability insurance and underwrites some of its parent's health plan policies. ALIC was founded in 1853 as a spinoff of Aetna Insurance Company and is the primary entity that makes up Aetna's Group Insurance segment. After more than 150 years in operation, the company has more than 20,000 group life contracts in force. The company targets a wide range of small to large corporate customers across the US.


ALIC parent company Aetna's operations are focused on accident and health insurance, while life and disability insurance accounts for about 5% of total earned premiums.

ALIC's life insurance offerings for groups include term, universal, and supplemental (including spouse and dependent) coverage, as well as accidental death and dismemberment coverage. Group term life policies, which can either be fixed or variable (tied to employee wages), are its most popular offering.

Disability offerings are designed to replace employees' income while they are on short-term or long-term disability leave. These policies are offered on an employer group or individual account basis. For group accounts, ALIC offers absence management and disability administration services.

Additionally, ALIC is the underwriter for certain health plan benefits sold by its Aetna sister companies including self-funded and PPO medical plans and dental plans, as well as student health insurance plans. Aetna no longer sells new long-term care insurance coverage (for nursing home stays), but it still services existing policies.

Sales and Marketing

ALIC's policies are marketed through Aetna's sales representatives and through independent brokers and consultants.

Customers include employer groups, individuals including college students, health plans, health care providers, labor groups, expatriates, and government-sponsored plans.

Financial Performance

ALIC is part of Aetna's Group Insurance segment, which had revenue totaling $2.50 billion in 2016. This figure, representing some 4% of Aetna's total revenue, was 1% higher than the segment's 2015 revenue of $2.48 billion.

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Aetna Life Insurance Company Inc

151 Farmington Ave
Hartford, CT 06156-0001
Phone: 1 (860) 273-0123
Fax: 1 (860) 273-6348


  • Employer Type: Subsidiary
  • Chairman and CEO: Mark T. Bertolini
  • President: Karen S. Lynch
  • EVP, Operations and Technology: Margaret M. McCarthy
  • Employees: 27,550

Major Office Locations

  • Hartford, CT

Other Locations

  • Woodland Hills, CA
  • Fort Wayne, IN
  • Louisville, KY
  • Shreveport, LA
  • Portland, ME
  • Southfield, MI
  • Minneapolis, MN
  • Albany, NY
  • Richfield, OH
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