Headquartered in Columbus, Georgia, Aflac Incorporated (AFL) is a leading provider of supplemental health and life insurance products, serving millions of policyholders in the United States and Japan. Valued at a market cap of $61.7 billion, Aflac offers policies that provide cash benefits to policyholders for expenses associated with accidents, cancer treatments, critical illnesses, hospital stays, and other health-related events that may not be fully covered by primary insurance plans.
Companies worth $10 billion or more are generally described as "large-cap stocks," and Aflac fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the life insurance industry.