National Life Insurance Company (National Life Group)
National Life Group is a diversified financial services company headquartered in Montpelier, Vermont, with an additional office in Addison, Texas. Founded in 1848, its core business revolves around offering life insurance, annuity, and investment products. The company operates with a mission to "Do good, Be good, Make good," aiming to provide peace of mind and create a better future for its customers and communities.
The company provides a comprehensive range of financial solutions, including various life insurance options such as term, whole life, and indexed universal life (IUL) policies, as well as fixed, indexed, and variable annuities. It also offers investment products like mutual funds and IRAs. National Life Group primarily serves individuals, families, and businesses, with a particular focus on the "Middle America" market and school employees. The company is recognized as a leading provider in indexed universal life insurance sales and fixed indexed annuity sales within employer-sponsored retirement plans.
In recent news, National Life Group reported record sales in 2024, with life sales increasing by 20% and annuity sales by 17%, contributing to $56.4 billion in total assets. The company was ranked second in The Wall Street Journal's Best Whole Life Insurance Companies of 2026 and holds strong financial ratings, including an A+ (Superior) from A.M. Best, A+ (Strong) from S&P, and A1 (Good) from Moody's. Mehran Assadi serves as Chairman, CEO, and President, with Alex David appointed President and CEO in December 2025, and Matthew Frazee as CFO in April 2026. National Life Group was also recognized with the Gallup Exceptional Workplace award in March 2026.
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