In history, National Life Group (NLG, previously called National Life Insurance), chartered by the Vermont Legislature in 1848, is one of first mutual life insurance companies in the United States. It has been insuring people for over 170 years, including passengers on the Titanic and victims of the influenza epidemic in 1918-1919.
National Life Group is based in Montpelier Vermont with additional offices in Addison Texas. It offers a wide range of financial services including life insurance coverage (term and permanent life insurances), retirement plans, and annuities. It is so far positioned as #1 provider of Indexed Annuities in Employer Plans per LIMRA US Individual Annuity Industry Sales Report 4Q2019, #2 in Indexed Universal Life (IUL) sales and #9 overall in Life Insurance Companies per LIMRA US Retail Individual Life Insurance Sales Participant Report 4Q2019.
Its financial strength is recognized as:
A (Excellent) by A.M. Best Ranking, A+ (Strong) by Standard & Poor's Ranking, and A (Excellent) by Moody's.
As of the data in 2019, NLG has delivered results with over $361M in weighted life premium, $161M in Annuity Flow and $966M in SPDA Premium. What's more realistic is that NLG has a history of keeping its promises. As of the business report in 2019, NLG has provided over $3.3B in benefits.
Key features are the embedded Living Benefits and a multi-functional IUL product (Living Life By Design).
The living benefits (referred as the Accelerated Benefit Riders) are available in all NLG insurance products (including term life insurance) at no additional cost that will be triggered by (a) Terminal Illness, (b) Critical Illness, (c) Chronic Illness, and (d) Critical Injury.
Living Life By Design, known as how it is named, can be designed to fit customized financial needs such as children's education funds, policyowners'/insureds' retirement plans as well as mortgage payments, and etc. A unique rider is available to guarantee potential income for lifetime after retirement. Permanent life policies have investment options that offers upside potential and downside protection.
NLG has a company culture that values as "Do Good. Be Good. Make Good." It is a mission driven and purpose focused national company that have a CAUSE. There are so much more to explore, not just a insurance company, but instead it stay active to positively impact the community around.
Let's wrap up with a short video and take a tour to experience the National Life Group.
[last updated on 12/19/2020 at 6:25pm]
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