American Family Corp. - 1970's dated Specimen Stock Certificate

Specimen Stock printed by American Bank Note Company. Columbus, Georgia.

Established in April 1973 as the holding company for a specialized insurance subsidiary, the American Family Corporation now operates more than 25 insurance and broadcasting units throughout the world, with the bulk of its business in the United States and Japan. The company’s chief operating units, the American Family Life Assurance Company of Columbus, Georgia, (AFLAC) and AFLAC Japan, have developed a number of unique marketing techniques to sell a product which they introduced more than 30 years ago—supplementary cancer expense insurance. The company has been one of the fastest-growing companies in the health insurance industry. AFLAC, American Family’s chief operating company, was founded in 1955 with about $300,000 in capital. American Family now has assets in excess of $6 billion. In 1955, a young lawyer named John B. Amos returned to his hometown of Columbus, Georgia, and with his two brothers, Bill and Paul, and father Shelby, founded the American Family Life Assurance Company of Columbus, Georgia. After struggling for three years, selling life, health, and accident insurance door-to-door in Georgia and Alabama, Amos decided that AFLAC would do better if it could find a specific market niche. In 1958 he developed a cancer insurance policy based on the polio policies of previous decades, and AFLAC’s 150 licensed agents sold 5,810 cancer care policies in the first year. Read more at https://www.encyclopedia.com/books/politics-and-business-magazines/american-family-corporation