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National Life Group Review – Life Insurance

When searching for life insurance coverage, the insurance company that you choose is just as important as the policy and the amount, because without a strong underlying insurer, your loved ones may not end up with the proceeds that they were counting on for the payoff of debts and final expenses, or the replacement of income.

national life group life insuranceNational Life Group is a family of financial services companies. This company provides life insurance products, along with annuity and investment products in order to help families and individuals with meeting their short and long term financial needs. The firm also provides insurance and financial products for businesses.

The primary company at National Life Group is National Life Insurance Company. This company was initially founded in 1848 in Montpelier, Vermont. Overall, National Life Group serves more than 785,000 customers, and in 2013, the company had revenue of approximately $2 billion. This equates to a net income of roughly $142 million. National Life Group is headquartered in Montpelier, Vermont, with additional offices in San Francisco and New York. The firm employs approximately 900 employees.

Life Insurance Products Offered Through National Life Group

National Life Group offers a wide variety of life insurance products to its customers, including:

  • Term Life Insurance – Term life insurance provides the opportunity to purchase coverage for a very low premium – especially to those who are young and in good health. These policies typically have lengths of 10, 15, 20, and 30 years. At the end of the policy duration – or term – the insured will need to re-qualify at his or her then-current age and health status. At that time, the premium will likely be quite a bit higher. Term life insurance can be a good product for covering “temporary” needs such as the payoff of a home mortgage.
  • Whole Life Insurance – Whole life insurance is considered to be the most basic form of permanent life insurance coverage. With whole life insurance, a person is covered with a death benefit. In addition, the policy also builds up cash value through a separate tax deferred savings component in the policy. As its name implies, whole life insurance is designed to protect an insured for their whole life – provided that premiums continue to be paid. In addition, the premiums are typically locked in for the entire life of the policy.
  • Universal Life Insurance – Universal life is a very flexible form of life insurance coverage. With this type of coverage, the insured is allowed to – within certain limitations – alter the amount and timing of the premium. Universal life insurance also provides a death benefit, along with a cash value build up that grows on a tax deferred basis.
  • Variable Universal Life Insurance – Similar to universal life insurance, variable universal life insurance also has a death benefit and a cash value component. However, the cash value is tied to market-sensitive products such as equities. This allows the investments the ability to grow with upward moving markets. However, it also can subject the funds to market related risk. When purchasing variable universal life insurance, the insured must be presented first with a prospectus.
  • Indexed Universal Life Insurance – An indexed universal life insurance policy will provide the insured with both flexibility of premiums and flexibility with the death benefit. Therefore, the policy holder is able to adjust the policy according to his or her insurance needs. This is beneficial – especially as one’s life insurance needs can tend to change a great deal over time. Indexed universal life insurance also offers the option to have the cash value component accumulate at interest that is based upon changes of a major market index such as the S&P 500.

The National Life Group Market

National Life Group concentrates on offering its life insurance products to those who need assistance with retirement planning, as well as with estate planning. In addition, key strategies for business owners are also provided through the products that are offered by the company.

Because of the variety of the products that are offered through National Life Group, a wide array of different techniques and strategies can be implemented, depending on a clients’ specific needs and goals.

Taking the Next Step Towards Obtaining Coverage

If you are seeking life insurance through any of the National Life Group products, our team an can help. One of the first steps in obtaining life insurance is determining how much coverage you need, and which type of policy is right for you. We can help you in comparing policies, as well as premium quotes.

In order to get the process started, simply use the form on this page. If you have any questions regarding how certain life insurance products work, which type of coverage is best, or even about life insurance in general, please feel free to contact us directly, toll-free, at 888-229-7522, and we will be happy to assist you.


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