What happened to Western National Life Insurance Company?

On October 1, 2015, National Western Life Insurance Company (NWL) became a wholly owned subsidiary of National Western Life Group, Inc.

Who bought Western National Life Insurance Company?

Western National Life was acquired by American General Life in late 2012. American International Group (AIG) owns American General Life.

Is National Western Life Insurance Company Legit?

National Western Life Insurance Company is considered a strong carrier by more than one independent rating agency. NWL has received an “A” rating by A.M. Best, as well as an “A-” rating by Standard & Poor’s.

How long has National Western Life been in business?

History. The company was founded in 1956, and as of 2019 it has about 275 employees and 25,200 contracted independent agents and operates in 49 US states.

Is Western National AIG?

Western National Life, an AIG Inc. subsidiary, emerged as the top fixed-annuity seller in the bank channel during the third quarter of 2009, displacing rival New York Life Insurance Co., according to data from Beacon Research Publications Inc.

What states does Western National Insurance write in?

The group consists of four active companies (Western National Mutual Insurance Company, Western National Assurance Company, Pioneer Specialty Insurance Company, and Titan Property & Casualty Insurance Company) serving personal and commercial customers in Minnesota, Nevada, Oregon, South Dakota, Utah, Washington, and …

What states does Western National insurance write in?

Can I cancel my life insurance policy at any time?

You can cancel your life insurance policy at any time. There are penalties for canceling permanent life insurance during the first several years of the policy. If you cancel a whole life policy you may receive a cash surrender payout, which could be taxed.

What does National Western life do?

National Western Life. The company was founded in 1956, and as of 2011 it has about 278 employees and 13,200 contracted independent agents and operates in 49 US states. It also has operations in Central America, the Caribbean, South America, Europe, Asia, and some Pacific Rim countries. The company offers individual universal life plans,…

What is the history of National Western life insurance company?

The company was founded in 1956, and as of 2019 it has about 275 employees and 25,200 contracted independent agents and operates in 49 US states. On 1 January 2020, National Western Life Insurance Company (NWLIC) confirmed the formation of The Sterling Group, an strategic partnership between itself and six large regional marketing organizations.

What are the subsidiaries of National Western life group?

Other wholly owned subsidiaries of National Western Life Group include: 1 NWL Services, Inc. 2 Regent Care San Marcos Holdings, LLC 3 N.I.S. Financial Services, Inc.