National Life Group Releases 2024 Annual Report, 2023 – 2024 Impact Report, 2024 Business Highlights

Montpelier, VT - (April 17, 2025) – National Life Group released its 2024 Annual Report, which highlights new sales records and an expanded reach as the company grows by double digits.

The 2023–2024 Impact Report is also available, along with the 2024 Business Highlights.

The Annual Report highlights the company’s stability through ratings, awards and financials, while the Impact Report showcases the real-world difference its Do Good values make in local communities. The Business Highlights provide a quick and easy snapshot of both.

“Our success is not a result of perfection but of dedication. It is the servant-hearted commitment of our team that sets us apart,” Chairman, CEO and President Mehran Assadi said. “We are not just in the business of insurance – we are a force for good, making a lasting impact.”

Among the accomplishments noted in the 2024 Annual Report:

• Set new sales records:
  •  $635 million in life insurance policies
  • $3.2 billion in Single Premium Deferred Annuities
• $57.4 billion in assets under management
• $507 million in core earnings
• $175,000 raised by the National Life Group Do Good Fest® in support of kids' mental health and cancer patients in Vermont and Texas.
• $914,000 to over 595 organizations raised via Share the Good, the company's employee donation match program

Learn more here about National Life Group’s corporate philanthropy with programs that include LifeChanger of the Year, Do Good Heroes, a commitment to ending childhood hunger and supporting children’s mental health, among others.

About National Life Group
National Life is here to bring you peace of mind. We’ve been keeping our promises since 1848. Believe in tomorrow, do good today. Learn more at NationalLife.com

Contact: Daphne Larkin, corporate communications, National Life Group, 802.229.3607.

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.