In the wake of the COVID-19 pandemic, National Life Group has extended its grace period for missed premium payments to 90 days for policyholders in all states. Additionally, the District of Columbia, New Jersey and New York require we provide specific provisions to their residents, including a 12-month payment plan for policyholders able to demonstrate that they are experiencing financial hardship as a result of COVID-19. More information about the specific state emergency declarations can be found here:
DC, NJ & NY
Payment Plan Request
If you are a resident of the District of Columbia, New Jersey or New York and you did not pay life insurance premiums that were due during a grace period because of a COVID-19 pandemic-related financial hardship, then you have the option to pay the overdue premium through a 12-month payment plan.
To qualify for the payment plan, you must:
While each of us face unique challenges and stresses brought on by the pandemic, remember, we are in this together. We will continue to deliver on our promise to help you through this difficult time so you can continue to protect yourself, your family and your assets.
If you have questions around billing and alternative payment arrangements, please contact your advisor or call our customer service center at 1-800-732-8939 to discuss your options.
Products issued by:
National Life Group® is a trade name of National Life Insurance Company, founded in Montpelier, VT in 1848, Life Insurance Company of the Southwest, Addison, TX, chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.