Company Information

Get to know AIL: Cohen-Velasquez Agency

AIL: The Cohen-Velasquez Agency is the exclusive State General Agent for American Income Life Insurance Company (AIL) in the state of New York. The agency's stated mission is to "protect every child and serve all working families" by offering a range of life and supplemental health insurance products. They primarily serve members of labor unions, credit unions, and other associations. In addition to providing insurance coverage, the agency heavily focuses on recruiting and developing a salesforce, offering career opportunities in the insurance industry.

Industry

Financial InsurancePRIMARY
Financial Other Service

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AIL: Cohen-Velasquez Agency

United States

Founded in

1951 (75 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.