Montpelier, VT - (April 27, 2018) A.M. Best Co. has affirmed its A (Excellent) financial strength ratings for National Life Insurance Company and Life Insurance Company of the Southwest, the two insurance companies of National Life Group. This is the third highest of A.M. Best’s 16 ratings.
“Our mission is to deliver on our promises,” said Mehran Assadi, president and CEO of National Life Group. “I am very pleased that A.M. Best has reaffirmed our excellent rating, which reflects our financial strength.”
In a news release announcing the ratings, A.M. Best cited National Life’s “balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.
"The group has a long history of solid execution in targeting life insurance and annuity product solutions to the middle market segment, which it markets through a combination of career agents and a growing independent agency force,” A.M. Best continued. “The group has shown strong sales growth in recent years, outperforming the broader life insurance market. Profitable growth has led to an increased market position, and increasing market share with its niche products, such as its offerings in the K-12 educators market.”
The companies of National Life Group offer a broad range of financial products, including life insurance, annuities and investments, and financial solutions in the form of estate, business succession and retirement planning strategies. They are a leading provider of 403(b) and 457(b) tax-deferred retirement plans, primarily in the K-12 school marketplace.
At National Life Group, our cause is to create positive change in people’s everyday lives. From our products and services to all the good we do in our communities, we dedicate ourselves to ensuring a better future – one person at a time. Learn more at NationalLife.com.
Contact: Ross Sneyd, corporate communications, National Life Group, 802.229.3866.
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, Texas, 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. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of Equity Services, Inc.