Charles P. Woodbury, a decorated World War II pilot, founded American Fidelity Life Insurance more than 50 years ago. The company provides insurance to members of the United States military and government workers. AMFI is a co-founder and current member of the Serviceman s Group Life Insurance. The company s accumulation fund is primarily invested in US Treasury notes. AMFI received a B++ rating from A.M. Best for its financial strength and ability to meet its obligations to policy holders. AMFI is headquartered in Pensacola, Fla., but the firm is licensed in 47 states and worldwide.