National Life Group Adds Four Index Crediting Options to SummitLife Indexed Universal Life (IUL) Insurance, Expanding Choice for Policyholders and Large-Case Opportunities for Financial Professionals

For Immediate Release

Montpelier, VT (Sept. 28, 2026) – National Life Group announced that two new indexes and four new index crediting options are now available for its SummitLife Indexed Universal Life Insurance product that provides a death benefit of $1 million or more. The updated crediting options allow policyholders greater choice in how their policy value can potentially grow without being directly invested in the market.

The new options – based on the performance of the Bloomberg Mavin 10 Index, Nasdaq 100 Multi-Asset Edge 8% Index and S&P 500® – offer different approaches, allowing policyholders to select an option based on their financial goals, perspective on the underlying indexes and comfort with risk.

About the New Index Crediting Options

• The Bloomberg MAVIN 10 Index focuses on diversification through exposure to U.S. large-cap equities, Treasuries, the U.S. dollar and gold. By spreading exposure across multiple asset classes, the index is designed to prioritize more consistent risk over maximizing returns during rising markets. It may appeal to those seeking diversified, multi-asset exposure, faster response time in risk targeting and a transparent, rules-based approach.
• The Nasdaq 100 Multi-Asset Edge 8% Index™ focuses on innovation, combining exposure to U.S. large-cap technology stocks, gold and U.S. Treasuries. Its returns may differ from those of the S&P 500® and may be lower during periods of strong market rallies. The option may appeal to policyholders seeking growth potential driven by innovative, U.S. large-cap companies.
• The S&P 500® No Cap and 2% Floor provides broad U.S. market exposure through 500 large-cap U.S. companies. Its performance depends on that segment of the market and may appeal to those seeking long-term growth potential tied to U.S. large-cap companies. The two new options join the existing S&P 500® Cap Focus and Participation Focus.

Policyholders can select one index or allocate policy value among multiple crediting options. Future allocations can also be updated as goals, market perspectives or financial needs change. As with other indexed universal life products, policy value is based in part on a portion of the performance of the selected index crediting option, but policyholders' money is not directly invested in the market.

“Life insurance is about protecting what matters today while helping people prepare for what is possible tomorrow,” said Mehran Assadi, Chair, CEO, and President of National Life Group. “SummitLife gives financial professionals more choice and flexibility to help people build stronger financial futures.”

Broader Financial Needs

SummitLife is designed to support a range of financial strategies including wealth transfer, retirement income, premium financing, living benefits and business planning.

• Wealth Transfer: SummitLife can help families plan for the transfer of wealth through strategies related to Spousal Limited Access Trusts, Legacy IRAs and Dynasty Trusts.
• Retirement: Clients approaching retirement may use this product to provide a death benefit to protect family during working years while creating an additional potential source of retirement income. Four loan options allow financial professionals to consider different approaches based on the economic environment.
• Premium Financing: For affluent individuals and business owners, premium financing can help address significant life insurance needs while preserving liquidity and aligning funding with future cash flows or liquidity events.
• Living Benefits: The product incorporates living benefits that, if you qualify, can help address the financial impact of critical, chronic and terminal illnesses and critical injury. For larger cases, these benefits may help policyholders preserve other assets and manage their financial plans while providing access to accelerated death benefits for qualifying expenses.
• Business Planning: SummitLife can be considered in business planning strategies, including succession planning, buy-sell arrangements and executive benefit programs designed to attract, reward and retain key employees.

Expertise Behind Complex Cases

The expanded index choices are supported by National Life Group’s capabilities in helping financial professionals navigate complex, large-case life insurance cases. National Life Group’s large-case resources include:

• 20 dedicated large-case experts
• 130 underwriters with more than 250 years of combined experience
• 3–5 business days to turnaround an informal quote
• $100+ million supported through National Life Group’s reinsurance network
• Simple informal submissions enabled through Paperclip
• Support from Advanced Planning and Wealth Strategies Group to help with large case design
• Concierge-style support providing direct access to underwriting professionals

Financial professionals can work with their National Life Group agent to learn more about the new index crediting options and determine which options may be appropriate for individual policyholders. To learn more, visit nationallife.com/SummitLife-indexes.

About National Life Group

National Life Group has been keeping promises since 1848, providing access to flexible, secure life insurance and annuities for families, businesses, educators, and first responders nationwide. With an independent, entrepreneurial spirit, our values are to “Do good, Be good, Make good” for our customers, agents, employees, and the communities we serve. Learn more at NationalLife.com.

Contact: Sarah Donovan, corporate communications, National Life Group, 469-851-9491.