AFL

Aflac sells supplemental insurance policies that help pay for medical expenses not covered by regular health insurance, like copays and deductibles. People buy these policies to protect themselves from unexpected healthcare costs, often through employers or directly. The company makes money by collecting premiums from policyholders and paying out claims when needed, creating value by providing financial security.

The insurance industry is experiencing steady demand for supplemental coverage as healthcare costs rise, creating a stable market for niche providers. Aflac fits within this industry by specializing in supplemental health and life insurance policies that complement primary coverage. Industry factors