Citizens Inc. (Citizens Insurance Company) Citizens Inc. (NYSE:CIA) was founded in 1969 and is headquartered in Austin, Texas, with 620 full-time employees. It mainly provides life insurance products in the United States and the world through its subsidiaries.
Citizens Inc. (CIA):
Citizens Insurance Company mainly provides life insurance, pension insurance, credit insurance, final expenses, and property insurance with limited accident liability. Citizens Inc. operates in three departments: life insurance, family service insurance and other non-insurance companies.
- Life Insurance Department : Provide general life insurance policies, funeral policies, pre-mortem funeral policies, and accident and health related policies to high-asset value and high-income residents living in the Midwest and South of the United States, as well as general life insurance and pension insurance for non-US residents Residents, the product sales of this business are through third-party sales organizations and independent sales consultants.
- Family Services Insurance Department : Provide general life insurance and annuity for funeral and final expenses before death to low- and middle-income individuals mainly living in Louisiana, Mississippi and Arkansas, as well as property insurance in Louisiana. This business is through funeral homes and Home service sales system sells products.
- Other non-insurance corporate sectors : provide data processing and flight transportation services.