Founded in 1927, Mutual Savings Life Insurance Company provides a range of insurance products to individuals and businesses in the Southeast. It is licensed to operate in Alabama, Georgia, Mississippi and Tennessee. Mutual Savings Life Insurance Company provides annuities, retirement planning and income management products, as well as disability income, life and long-term care insurance. Additionally, the company offers cancer care, accidental coverage, education savings, executive bonus and payroll deduction plans. It is a wholly owned subsidiary of Primesco, which also owns and operates Atlanta Life Insurance Company, Mutual Benefit Assessment and Mutual Savings Fire Insurance Company. Headquartered in Decatur, Ala., Mutual Savings Life Insurance Company maintains a location in Rainbow City, Ala.