National Life Board Approves Dividends for 2010

The Directors of National Life Group have approved an estimated payment of $130.9 million in dividends to eligible participating policyholders in 2010.

The dividend scale remains unchanged from 2009.

“This payout is evidence of our financial strength,” said Mehran Assadi, president and chief executive officer of National Life Group. “The fact we are not lowering our dividend scale in these turbulent economic times reflects our stability.”

Mutual companies are not publicly traded; they are owned by policyholders, who reap the benefit of profits above and beyond a company’s expenses and reserves necessary to finance future benefits.

“Dividends paid to policyholders are one of the benefits of our mutual structure,” said Assadi.

The dividends will be paid to eligible policyholders of National Life Insurance Company.

(November 11, 2009)

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT and its affiliates.

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