Lincoln Income Life Insurance Company
Encyclopedia
Lincoln Income Life Insurance Company, originally Income Life Insurance of Kentucky was a insurance corporation based in Louisville, Kentucky
Louisville, Kentucky
Louisville is the largest city in the U.S. state of Kentucky, and the county seat of Jefferson County. Since 2003, the city's borders have been coterminous with those of the county because of a city-county merger. The city's population at the 2010 census was 741,096...

. Lincoln Income Life Insurance provided life insurance
Life insurance
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger...

, accident insurance, and fire insurance for over 70 years.

History

Income Life Insurance Company of Louisville, Kentucky was incorporated in 1928 and began business in 1929. Initial paid in capital was $158,580 and was increased in 1930 to $192,630. Capital was reduced in 1931 to $129,690 and to $100,150 in 1932. In 1936 capital was increased to 5101,522. In 1933 this company reinsured the Dixie-Atlas-Republic Insurance Company, Nashville, Tennessee
Nashville, Tennessee
Nashville is the capital of the U.S. state of Tennessee and the county seat of Davidson County. It is located on the Cumberland River in Davidson County, in the north-central part of the state. The city is a center for the health care, publishing, banking and transportation industries, and is home...

.

In 1936 Lincoln Life and Accident Insurance Company, a Muskogee, Oklahoma
Muskogee, Oklahoma
Muskogee is a city in Muskogee County, Oklahoma, United States. It is the county seat of Muskogee County, and home to Bacone College. The population was 38,310 at the 2000 census, making it the eleventh-largest city in Oklahoma....

 or Oklahoma City, Oklahoma
Oklahoma City, Oklahoma
Oklahoma City is the capital and the largest city in the state of Oklahoma. The county seat of Oklahoma County, the city ranks 31st among United States cities in population. The city's population, from the 2010 census, was 579,999, with a metro-area population of 1,252,987 . In 2010, the Oklahoma...

insurance company merged with Income Life of Louisville, Kentucky, under the name of Lincoln Income Life Insurance Company.
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