Exhibit

EXHIBIT 21

Aflac Incorporated

SUBSIDIARIES

The following list sets forth the subsidiaries of Aflac Incorporated:



Company	Jurisdiction
American Family Life Assurance Company of Columbus (Aflac)	Nebraska
American Family Life Assurance Company of New York⁽¹⁾	New York
Octagon Delaware Trust⁽¹⁾	Delaware
Apollo AF Loan Trust⁽¹⁾	Delaware
Global Investment Fund I⁽¹⁾	Delaware
Aflac International, Inc.	Georgia
Aflac Insurance Services Co., Ltd.⁽²⁾	Japan
Aflac Payment Services Co., Ltd.⁽²⁾	Japan
Aflac Heartful Services Co., Ltd.⁽³⁾	Japan
Aflac Information Technology, Inc.	Georgia
Nebraska Life Assurance Company	Nebraska
Aflac Corporate Ventures LLC	Delaware
Aflac Ventures LLC⁽⁴⁾	Delaware
Aflac Benefits Advisors, Inc.	Georgia
Empoweredbenefits, LLC⁽⁵⁾	North Carolina
Communicorp, Inc.	Georgia
Continental American Insurance Company	South Carolina
Continental American Group, LLC⁽⁶⁾	Georgia
Aflac Holdings, LLC	Nebraska

⁽¹⁾Subsidiary of Aflac

⁽²⁾Subsidiary of Aflac International, Inc.

⁽³⁾70% owned by Aflac International, Inc.

10% owned by American Family Life Assurance Company of Columbus

10% owned by Aflac Insurance Services Co., Ltd., and

10% owned by Aflac Payment Services Co., Ltd.

⁽⁴⁾Subsidiary of Aflac Corporate Ventures LLC

⁽⁵⁾Subsidiary of Aflac Benefit Advisors, Inc.

⁽⁶⁾Subsidiary of Continental American Insurance Company