National Life Group Addresses the Needs of an Underserved Market
September 30, 2012 by Beth Rusnock
September 24, 2012, Montpelier, VT – National Life Group introduces two products from its member companies, NL ValuGuard Survivorship Whole Life Insurance offered by National Life Insurance Company and LSW ProtectorLife Whole Life Insurance offered by Life Insurance Company of the Southwest, to help address the insurance needs of individuals and families who are seeking the guarantees that are only offered through whole life protection.
LSW ProtectorLife offers the opportunity of permanent protection and guarantees at a cost that fits the budget. This is appropriate for consumers looking for protection during every phase of life. Entry into permanent life insurance is now within reach. The optional innovative Automatic Conversion Rider automatically converts the initial term insurance purchased through the rider, to whole life coverage, based on a pre-determined schedule that the policyholder selects.
“This is a new kind of insurance,” explains Matt DeSantos, Vice President of Marketing and Business Development for National Life Group. “We recognize the needs of families and professionals as they work to establish their careers. They want guaranteed permanent protection at a premium that fits their budget. With LSW ProtectorLife, we are able to meet their needs by providing guarantees and affordability to customers who otherwise may not have access to this type of coverage.”
In addition, National Life Group is also introducing NL ValuGuard, a Second-to-Die policy that provides strong guarantees. The death benefit is provided at the second death, making this policy appropriate for estate transfer situations. Plus NL ValuGuard offers guaranteed death benefit and guaranteed level premiums as well as guaranteed tax-deferred cash value accumulation making this a suitable option for business owners and families.
To learn more about LSW ProtectorLife and NL ValuGuard or the complete product portfolio and services offered by the companies of National Life Group, please contact the Life Sales Desk at 800-906-3310, Option 1 or visit www.NationalLifeGroup.com.
LSW ProtectorLife Whole Life insurance, form series 20064/20065/ICC12-20064/ICC12-20065, the Automatic Conversion Rider form series 20067(0512)20110(0512) and Accelerated Benefits Riders, form series 8052(0798)8095(0399)8165(0703) ICC10-8844(0310) are underwritten by Life Insurance Company of the Southwest, Addison, TX. NL ValuGuard Survivorship Whole Life insurance, form series 20073/20074/ICC12-20073/ICC12-20074, are underwritten by National Life Insurance Company, Montpelier, VT. Riders are optional and may require additional premium. Products and riders may not be available in all states.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest (LSW), Addison, TX and their affiliates. Each company of NLGroup is solely responsible for its own financial condition and contractual obligations. LSW is not an authorized insurer in New York and does not conduct insurance business in New York.