Key Takeaways
- National Life Group is one of the top annuity providers in the United States.
- National Life carved a niche by selling a wide range of indexed annuities.
- The company closed $1.1 billion in premium deferred annuity sales in 2022 and carries moderately high ratings from leading credit ratings agencies.
- You can log in to the National Life Group portal online or through its app to access your annuity details and make any necessary changes. You can also call the company at 1-800-732-8939 between 8 a.m. and 7 p.m. Monday to Thursday, or 8 a.m. to 6 p.m. on Fridays.
About
National Life Group has more than 175 years in business, and it has expanded its suite of financial products to serve more of its customers’ needs. Its mission is to help families secure the financial foundations they need for a prosperous future.
According to INC Best in Business, National Life Group ranks No. 1 for fixed indexed annuities through employer-sponsored plans, No. 1 for indexed universal life insurance market share and No. 3 for overall indexed universal life insurance sales.
You can contact National Life Group by phone at 1-800-732-8939. The line is staffed between 8 a.m. and 7 p.m. from Monday to Thursday and from 8 a.m. to 6 p.m. on Friday.
National Life Group is a large annuity provider with an incredibly long track record of conducting business. Moreover, it’s an A+ rated organization according to A.M. Best Company.
Thomas J. Brock, CFA®, CPAInvestment, Corporate Finance and Accounting ExpertThomas Brock, CFA®, CPA, is a financial professional with over 20 years of experience in investments, corporate finance and accounting. He currently oversees the investment operation for a $4 billion super-regional insurance carrier.
National Life Group Credit Ratings
National Life Group has significant financial strength to back up its strong reputation. Its 2022 financial reports show that it achieved $189 million in annuity flow and $1.1 billion in single premium deferred annuity sales. Both were record-setting figures for the company. It generated $41.3 billion in total assets in 2022, demonstrating the high level of trust in the brand from consumers across the globe.
The company also boasts strong ratings from credit agencies AM Best and Standard & Poor’s. These ratings — and the company’s healthy portfolio — indicate that it is in good financial standing and should remain so for the foreseeable future.
Credit Ratings
| Credit Agency | Rating |
|---|---|
| AM Best | A+ |
| Standard & Poor’s | A+ |
| Moody’s | A1 |
Annuity Products Offered by National Life Group
National Life Group offers many annuities, including fixed and indexed annuities.
Fixed Annuities
National Life currently offers only two fixed annuities: the Green Mountain Freedom 5 and the RetireMax Secure 5.
Both products offer a guaranteed interest rate on premiums paid during the first five years. All income derived from that interest is tax deferred. National Life charges no fees on the accumulation value beyond standard withdrawal fees.
These annuities are a solid choice for anyone looking to purchase an annuity as a stable investment vehicle. Depending on your needs, you can choose to receive your payouts over a set period, for your entire lifetime or for your lifetime during a defined period.
Indexed Annuities
National Life Group offers an extensive range of indexed annuities. These include:
- FIT Secure Growth
- FIT Rewards Growth
- FIT Select Income
- FIT Certain Income
- FIT Focus Growth
- FIT Horizon Growth
- SecurePlus® Paramount 5
- SecurePlus® Reliance
- SecurePlus® Gold
- SecurePlus® Flexura 5
- SecurePlus® Forte 5
- SecurePlus® Flexura Plus
- SecurePlus® Fortitude 10
- SecurePlus® Fidelis 8
These annuities appeal to investors with moderate risk tolerance and ones who want to grow their principle without jeopardizing future payouts. Each annuity has features to accommodate investors’ needs.
For example, the SecurePlus® Paramount 5 annuity offers a guaranteed 5% interest rate on premiums paid within the first seven years, while the SecurePlus® Reliance annuity has penalty-free withdrawals under certain conditions.
Most of these products come with annual management fees, a tradeoff from their higher growth potential. All have a limited payout period that you can extend with a lifetime income rider or a lifetime rider with a period certain.
Client Resources
National Life Group provides 24/7 customer support through its online portal. You can review your policy details, such as:
- Your current annuity rates
- Any fees you’re being charged
- Your past policy payments
- Your payout history
- Your agent’s contact information
You can also use this portal to:
- Change your address, contact details or beneficiaries
- Activate or change auto-payments
- Activate account alerts for payments, upcoming premium charges, potential fraud activity and more
You can access this portal through the company’s website or through the National Life Group app. The app is secure and available for Android and iOS devices.
You can log in to the National Life Group portal at any time by entering your username and password and passing a two-factor authentication check. Be sure to have your phone on hand when logging in, even on a desktop computer.
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