United Investors Life Insurance, which was founded in 1961, markets its products through more than 4,000 representatives across the US. A bad breakup with a significant customer in 2001 reduced revenues, and several of the company's products are operating in run-off. United Investors Life Insurance company is a subsidiary of Torchmark Corporation, but is being sold to Protective Life for $316 million. United Investors Life Insurance presents a united front in the battle for life insurance and a peaceful retirement for middle-income Americans. United Investors Life Insurance company sells a variety of life insurance and annuity products, including variable universal life, variable annuities, term life, whole life, and fixed annuities.