Portfolio Spotlight: Aflac
Aflac is a life insurance company based in the state of Georgia, with a market capitalization of over $30 billion USD. In the U.S., where the company made approximately $6 billion in revenue in 2016, its main line of business is supplemental or voluntary health insurance. Supplemental insurance is a type of product usually purchased on top of standard insurance coverage and is meant to cover out-of-pocket expenses. Aflac is the largest provider of such insurance in the United
