Founded in 1949, Horace Mann Life Insurance Company provides a range of life insurance products for educators and families. It is a part of Horace Mann Educators Corporation, which is one of the leading multiline insurance companies that provides annuities and automobile, homeowner, group and life insurance products and services. Founded in 1945, it was formerly known as Illinois Education Association. The company also offers insurance coverage solutions for homeowners, boat, Earthquake, jewelry, cameras and silverware. Horace Mann Educators Corporation has more than $4 billion in assets under management. The company also provides mutual funds.