Business Details
50+ Years
experience
Your Trusted Partner for Life Insurance Company of Alabama Company of Alabama Solutions in Alabama
Since 1952, Life Insurance Company of Alabama Company of Alabama has been a trusted provider of life insurance solutions, dedicated to serving families and individuals with integrity and expertise. Our company has paid hundreds of millions in benefits to policyholders, including over $38 million in the past two years alone, demonstrating our financial strength and commitment to client needs. Operating across 12 Southeastern states, we specialize in supplemental insurance products designed to bridge gaps in coverage, particularly through worksite marketing programs that have been our focus for over 25 years. Backed by high ratings from AM BEST Company and Standard Analytical Service, Inc., we combine decades of experience with a client-centric philosophy to deliver reliable protection.Our leadership team, including President Clarence W. Daugette III and Executive Vice President Raymond R. Renfrow Jr., continues the legacy of our founder, Colonel Clarence W. Daugette Jr., who established the company with a vision of building a strong, ethical insurance institution. We prioritize honesty, integrity, and dependability in all operations, ensuring our products are supported by exceptional service and tailored to meet evolving client needs.
Services
Life Insurance
Supplemental Insurance
Worksite Marketing
Policyholder Portal
Group Rates
Details
- Year established: 1952
Highlights and features
- 71 years of experience serving policyholders with financial security solutions
- Paid over $38 million in benefits to clients in the past two years
- Maintains high financial strength ratings from independent analysts
- Pioneered worksite marketing of supplemental insurance for 25+ years
- Family-owned legacy combining tradition with modern insurance expertise
Associations and certifications
- AM BEST Company
- Standard Analytical Service, Inc.
Services
Life Insurance Company of Alabama Company of Alabama
Life Insurance Company of Alabama Company of Alabama provides financial security for loved ones upon the policyholder's passing. Our policies offer customizable coverage options to meet diverse needs, ensuring peace of mind for families. With decades of experience, we deliver reliable protection tailored to individual circumstances.
Supplemental Insurance
Supplemental Insurance fills gaps in traditional health coverage through direct-benefit policies. These plans address unexpected medical expenses, hospital stays, and treatment costs during critical illnesses. Designed for middle-income families, our products provide essential financial support when needed most.
Worksite Marketing
Worksite Marketing programs offer employees affordable supplemental insurance through payroll deductions. Employers benefit from low administrative costs while workers access tailored coverage options. This approach has served businesses for over 25 years with proven effectiveness.
Policyholder Portal
The Policyholder Portal provides 24/7 digital access to policy details, claims status, and account management tools. Users can review coverage information, update contact details, and securely communicate with our team at any time.
Group Rates
Group Rates deliver discounted insurance options through employer partnerships. These programs leverage collective bargaining power to reduce individual premiums while maintaining comprehensive coverage. Ideal for businesses seeking employee benefits solutions with minimal overhead.
People
Clarence W. Daugette III
President
President since 2000, Clarence W. Daugette III leads with over 40 years of insurance industry experience. He continues his father's legacy through strategic growth initiatives while maintaining core values of integrity and client focus.
Raymond R. Renfrow Jr.
Executive Vice President/Chief Marketing Officer
Raymond R. Renfrow Jr., CLU, oversees marketing and sales operations with 30+ years of insurance expertise. His leadership in worksite marketing has expanded the company's reach across 12 states while maintaining personalized service standards.
Questions
What types of insurance does LICOA offer?
We specialize in life insurance and supplemental health coverage, including critical illness and accident policies designed to complement primary insurance plans.
How can I get a quote?
Request a free quote through our website or contact a local agent using our Find an Agent tool for personalized coverage recommendations.
In which states do you operate?
We serve 12 Southeastern states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas.
Are your policies available through employers?
Yes, our worksite marketing programs provide group supplemental insurance options that employers can offer employees at reduced rates.
How financially stable is LICOA?
With over $100 million in assets and high ratings from AM BEST Company, we maintain strong financial health to meet long-term policyholder obligations.
