American Financial Security Life Insurance Company (“AFSLIC”) was organized in Missouri in January 1957, under the name of Survivor’s Benefit Insurance Company.

In 1981, the name was changed to Penn Diversified Insurance and Annuity Company, and in May 1989, changed to its current name of American Financial Security Life Insurance Company.

The company has been under current ownership since 2008, and now provides a broad range of insurance services in over 25 States.

Core offerings include Short Term Medical, Fixed Indemnity, Accident, Critical Illness and Medical Stop-Loss Insurance products, in both individual and group markets.

With corporate headquarters located in New York City, and a nationwide network of distributors and agents, AFSLIC is able to meet and better serve the needs of our members throughout the country.

Through our plans, members receive health benefits customized to their insurance needs, becoming better equipped to meet the financial demands of ever-rising healthcare costs.

Our Three Pillars


With rapidly changing market conditions, leveraging technology and data is key to staying ahead of the curve, and providing consumers with a simple and smooth insurance process.


We believe the key to affordable healthcare is the flexibility to customize your plan to match both your needs, and budget.


As members and business partners, you place your trust in us. We build our trusted relationships on a foundation of commitment. That is our promise.



Company organized in Missouri as Survivor’s Benefit Insurance Company


Company name changed and operated as Penn Diversified Insurance and Annuity Company


Company becomes American Financial Security Life Insurance Company


Company purchased by current ownership group


First Fixed indemnity program launches, after expanding national footprint


Reinsured first Employer Medical Stop Loss policy


Expanded portfolio to include first Short Term Medical, Accident and Critical Illness Programs


Introduced new STM program with $1M benefit maximums


Partnering with AFSLIC has always been a positive experience. They are solution focused team players, with responsive communication. We look forward to collaborating on programs for years to come.

Third Party Administrator

I recently had surgery on my neck. I had no deductible and only paid 2,500 on a 25,000 dollar surgery. Thank you so much and I highly recommend to all friends and family members.

Shane, AFSLIC Member