About Us

Harry Lee Waterfield founded Investors Heritage Life Insurance Company, which was incorporated on August 31, 1960, and headquartered in Lexington, Kentucky. It was licensed by the Kentucky Department of Insurance on March 1, 1961 and the first policy was sold April 26, 1961.

In August 1963, a majority of the outstanding stock was purchased by Kentucky Investors, Inc., a holding company, of which Harry Lee Waterfield was President and Chairman of the Board. In June 1964 the company moved to our current location at 200 Capital Avenue, Frankfort, Kentucky.

On May 9, 1979, Harry Lee Waterfield II became President and Chief Operating Officer of Investors Heritage Life Insurance Company. He succeeded his father, Harry Lee Waterfield, who had served as President since the company’s inception and continued to serve as Chairman of the Board and Chief Executive Officer until his death in 1988. Harry Lee Waterfield II currently serves as President, Chief Executive Officer and Chairman of the Board of Directors.

There have been several life insurance subsidiaries wholly-owned by Kentucky Investors, Inc. over the years. Investors Heritage Life Insurance Company of Ohio was organized in 1966 and merged into Investors Heritage Life Insurance Company in 1977. Investors Heritage Life Insurance Company of the South was organized in 1971 and merged into IHLIC in 1981. In 1987 Commercial Travelers Life Insurance of Dallas, Texas was merged into IHLIC.

Investors Heritage Life has also purchased or assumed blocks of business from other non-affiliated life companies. These include: Franklin American Life Insurance Company, Regal Life Insurance Company, Great Atlantic Life Insurance Company.

On December 31, 1999 Kentucky Investors, Inc. acquired all of the outstanding stock of Investors Heritage Life through a share exchange with stockholders. Investors Heritage serves as the transfer agent for the holding company’s stock.

In 2006 Investors Heritage / Kentucky Investors, Inc. began providing Third Party Administration services for other insurance companies. As a "TPA” we provide services to the agents and policyholders of these different companies. Each of the administration agreements varies, but our services include: policy issue, policyowner service, premium accounting, claim administration, actuarial and accounting services.

Investors Heritage Life Insurance Company is licensed in 30 states. We focus our products in three markets:
Pre-need and Final Expense market: insurance and annuities sold in through funeral homes to fund funeral services;

Ordinary life market: whole life and term insurance products;

Financial Institution market: credit life, accident & health, mortgage protection and commercial loan products. (Marketed by Investors Heritage Financial Service Group.)
On June 1, 2009, the name of Kentucky Investors, Inc. was changed to Investors Heritage Capital Corporation. The name change was made to make a more distinct alignment with the two primary subsidiaries; Investors Heritage Life Insurance Company and Investors Heritage Financial Services. Investors Heritage Capital Corporation (IHRC) is a publicly traded company, listed on the OTC Bulletin Board.