National Life Group Quote Guide 2025

Securing the right life insurance is a cornerstone of financial planning, providing peace of mind and protection for your loved ones. As you explore your options, you’ll likely encounter major carriers like National Life Group (NLG). Understanding their offerings and how to get a relevant quote is crucial. But is NLG automatically the best choice for you? The answer isn’t always straightforward.

This guide provides an updated overview for 2025 on getting a National Life Group quote, exploring their products, and understanding their place in the wider insurance market. More importantly, we’ll discuss why partnering with an independent agency like Insurance By Heroes is often the most effective way to find coverage truly tailored to your unique needs. Founded by a former first responder and military spouse, and staffed by professionals with backgrounds in public service, Insurance By Heroes understands the importance of thoroughness and finding the right solution. We work with dozens of top-rated carriers, allowing us to shop the market objectively and ensure you get the best fit, whether that’s with NLG or another excellent provider.

Who is National Life Group?

National Life Group is one of the oldest life insurance companies in the United States, tracing its roots back to 1848 in Montpelier, Vermont. It operates as a mutual company, meaning it is owned by its participating policyholders rather than stockholders. This structure often aligns the company’s interests with those of its clients, potentially allowing eligible policyholders to receive dividends when the company performs well, although dividends are not guaranteed.

NLG comprises several member companies, including National Life Insurance Company and Life Insurance Company of the Southwest (LSW). They emphasize a mission centered around their “Do good, Be good, Make good” philosophy, aiming to make a positive impact on communities while providing financial products.

Financial Strength Ratings

A crucial factor when considering any life insurance carrier is its financial strength – its ability to meet long-term obligations to policyholders. Independent rating agencies assess insurers on this basis. As of early 2024, National Life Group generally holds strong ratings from major agencies:

• A.M. Best: A (Excellent)
• Standard & Poor’s (S&P): A+ (Strong)
• Moody’s: A2 (Good)
• Fitch Ratings: A (Strong)

These ratings indicate a robust financial position and a strong capacity to pay claims. However, while strong ratings are essential, they don’t tell the whole story about whether a specific company’s products are the right fit for your individual circumstances and budget. That’s where personalized comparison becomes vital.

At Insurance By Heroes, we recognize the importance of financial stability. It’s why we partner only with reputable, highly-rated carriers. But we also know that ratings are just one piece of the puzzle. We help you look beyond the ratings to compare policy features, costs, and suitability across multiple strong companies, ensuring you find the optimal match.

National Life Group Life Insurance Products

National Life Group offers a range of life insurance products designed to meet different needs and financial goals. Their portfolio prominently features permanent life insurance options, particularly Indexed Universal Life (IUL), and they are well-known for incorporating living benefits into many of their policies.

Let’s explore the main types:

Term Life Insurance

Term life insurance provides coverage for a specific period, such as 10, 15, 20, or 30 years. If the insured person passes away during the term, the policy pays out a death benefit to the beneficiaries. If the term expires and the insured is still living, the coverage ends (unless renewed or converted). Term life is often the most affordable type of life insurance, making it suitable for covering temporary needs like income replacement during working years, mortgage protection, or funding children’s education.

NLG offers term life products, typically with options to convert the policy to permanent coverage later without needing a new medical exam. This conversion privilege can be valuable if your needs or health change.

Who is it good for? Individuals seeking affordable coverage for a defined period, often younger families or those with specific temporary financial obligations.

Insurance By Heroes Perspective: Term life insurance is straightforward, but the details matter. Is NLG’s conversion option the most flexible? Are their premium rates competitive for your specific age and health profile compared to other carriers? Some companies specialize in particular health niches or offer better rates for specific term lengths. As an independent agency, Insurance By Heroes compares term policies from dozens of carriers to find the combination of affordability, features (like conversion options), and carrier strength that best aligns with your requirements.

Whole Life Insurance

Whole life insurance provides lifelong coverage as long as premiums are paid. It includes a cash value component that grows on a tax-deferred basis at a guaranteed minimum rate. As a mutual company, NLG’s participating whole life policies may also be eligible to receive non-guaranteed dividends, which can be used to increase the death benefit, boost cash value, or reduce premiums.

Whole life premiums are typically level and remain the same for the life of the policy. The guarantees and potential for dividends make it an attractive option for those seeking permanent protection and stable cash value accumulation.

Who is it good for? Individuals seeking lifelong guarantees, stable premium payments, conservative cash value growth, and potential estate planning benefits.

Insurance By Heroes Perspective: Whole life is a long-term commitment. While NLG’s status as a mutual company offers dividend potential, it’s essential to compare this against the guaranteed cash value growth rates, premium levels, and policy loan features offered by other strong whole life providers. Is maximizing guaranteed cash value your priority, or is dividend potential more appealing? Does another carrier offer a more competitive premium for the same death benefit? Insurance By Heroes helps you weigh these factors across the market. Our team, grounded in public service values, ensures you understand the long-term implications before making a decision.

Universal Life (UL) Insurance

Universal life insurance is another form of permanent coverage known for its flexibility. Policyholders typically have the ability to adjust their premium payments (within certain limits) and potentially alter the death benefit amount over time. The cash value grows based on current interest rates declared by the insurance company, subject to a guaranteed minimum rate.

NLG offers UL products that provide this flexibility, appealing to those whose income or needs might fluctuate over time.

Who is it good for? Individuals seeking permanent coverage with premium flexibility and cash value growth tied to interest rates rather than market indices.

Insurance By Heroes Perspective: The flexibility of UL requires careful management. Understanding how premium adjustments affect the policy’s longevity and cash value growth is critical. NLG’s UL is one option, but how does its current crediting rate, internal policy charges, and guarantee structure compare to UL policies from other insurers? Is the flexibility offered truly beneficial for your situation, or would a more structured policy be better? Insurance By Heroes provides clear comparisons, helping you understand the mechanics and potential outcomes of different UL policies available through the dozens of carriers we represent.

Indexed Universal Life (IUL) Insurance

Indexed Universal Life is a type of universal life where cash value growth is linked to the performance of a stock market index (like the S&P 500), without directly investing in the market. Growth is typically subject to a “cap” (maximum potential gain) and a “floor” (often 0%, protecting against market losses). Policyholders gain the potential for higher returns than traditional UL when the index performs well, but with downside protection.

National Life Group is particularly known for its IUL products. They often offer various index options and crediting strategies, along with features related to policy loans and withdrawals. IUL policies are complex instruments.

Potential Benefits: Upside growth potential linked to market indices, downside protection (floor), tax-deferred cash value accumulation, flexible premiums, permanent death benefit.

Potential Risks/Considerations: Complexity (understanding caps, participation rates, floors, segment periods), policy costs and charges can impact performance, illustrations are based on non-guaranteed assumptions about future index performance and policy costs, potential for policies to lapse if not funded adequately.

Who is it good for? Individuals comfortable with complexity, seeking potentially higher cash value growth than traditional UL or whole life, with a long-term perspective, and understanding the non-guaranteed nature of illustrated performance.

Insurance By Heroes Perspective: IUL is perhaps the most complex type of life insurance. While NLG is a major player in the IUL space, their specific product structures (caps, participation rates, loan provisions, underlying costs) must be compared diligently against offerings from other top IUL carriers. An illustration showing strong potential growth for one company might rely on more optimistic assumptions than another. Is NLG’s IUL design the most competitive for your goals? Are the projected returns realistic? Could a simpler or less costly policy from another carrier meet your needs just as effectively? Insurance By Heroes, founded by individuals dedicated to clarity and service, helps demystify IUL. We analyze illustrations, compare product features across dozens of insurers, and ensure you understand both the potential and the risks before proceeding. We help you determine if IUL, whether from NLG or another company, is genuinely the right tool for your financial strategy.

Living Benefits (Accelerated Benefit Riders)

A significant feature often highlighted by National Life Group is the inclusion of Accelerated Benefit Riders (ABRs), commonly known as living benefits, on many of their life insurance policies, often at no additional upfront premium cost (though accessing the benefit reduces the death benefit). These riders allow the policyholder to access a portion of their death benefit while still alive if they suffer a qualifying condition:

• Terminal Illness: Diagnosis of an illness expected to result in death within a specified period (e.g., 12 or 24 months).
• Chronic Illness: Inability to perform a certain number of Activities of Daily Living (ADLs) like bathing, dressing, eating, etc., or severe cognitive impairment requiring substantial supervision.
• Critical Illness: Diagnosis of a specified critical condition, such as heart attack, stroke, cancer, kidney failure, etc. (The list of covered conditions varies).

The availability, terms, conditions, and definitions for these benefits can vary by state and specific policy.

Importance: Living benefits can provide crucial financial support during challenging health events, helping cover medical bills, long-term care costs, or replace lost income without needing a separate policy.

Insurance By Heroes Perspective: Living benefits add significant value, and NLG is known for emphasizing them. However, they are not exclusive to NLG. Many top carriers now offer robust living benefit riders. The critical difference lies in the details: Which specific illnesses are covered? How are chronic illness triggers defined (e.g., number of ADLs)? What is the maximum amount or percentage of the death benefit accessible? Are there administrative fees for acceleration? Does accessing the benefit work as a lien or a discount on the death benefit? Insurance By Heroes meticulously compares the living benefit provisions across multiple carriers. We help you understand the nuances to find the policy offering the most comprehensive and accessible protection for your potential future needs, whether it’s from NLG or one of the many other excellent insurers we work with.

How to Get a National Life Group Quote

There are primarily two ways to explore getting a life insurance quote potentially including National Life Group:

1. Through an Agent Representing National Life Group (Captive or Career Agent)

You can connect with an agent who is contracted directly with National Life Group. These agents are typically highly knowledgeable about NLG’s specific products and processes. However, it’s important to understand that their primary focus will naturally be on selling NLG policies. They may not be able or incentivized to provide detailed comparisons with products from competing insurance companies.

2. Through an Independent Insurance Agency (like Insurance By Heroes)

This is where Insurance By Heroes comes in. As an independent agency, we are not tied to any single insurance carrier. We represent you, the client. Here’s why this matters:

• Access to Multiple Quotes: We can provide you with a National Life Group quote if it aligns with your needs, but we will also simultaneously gather quotes from dozens of other top-rated carriers. This allows for a true side-by-side comparison of costs and features.
• Unbiased Advice: Our recommendations are based on finding the best fit for *your* situation, not fulfilling quotas for a specific company. Our loyalty is to you.
• Personalized Needs Assessment: We take the time to understand your unique circumstances, health profile, budget, and financial goals before recommending any product or carrier.
• Simplified Process: Instead of contacting multiple agents or companies yourself, you work with one dedicated team at Insurance By Heroes who does the shopping and comparison for you.
• Expertise Across the Market: We understand the niches and strengths of various carriers – who is best for diabetics, who has the most competitive term rates for seniors, who offers the most flexible IUL, etc.

Insurance By Heroes was founded by a former first responder and military spouse, and our team includes professionals with similar backgrounds in public service. We bring that same dedication, integrity, and focus on serving others to helping you secure the right insurance protection. Requesting a *national life group quote* might be a starting point, but letting Insurance By Heroes compare that quote against the broader market ensures you make a fully informed decision.

Factors Influencing Your Life Insurance Quote (From NLG or Any Carrier)

Whether you’re seeking a quote from National Life Group or any other insurer, several key factors will determine your premium rate:

• Age: Younger applicants generally receive lower rates.
• Gender: Women typically have longer life expectancies and often receive slightly lower rates than men of the same age and health.
• Health Status: Your medical history, current health conditions (e.g., high blood pressure, diabetes, cholesterol levels), height, weight, and family medical history are crucial. Underwriters assess your overall mortality risk.
• Tobacco Use: Smokers or users of other nicotine products pay significantly higher premiums than non-users.
• Lifestyle: High-risk occupations or hobbies (e.g., scuba diving, piloting private planes), and driving record (DUIs, multiple violations) can increase rates.
• Coverage Amount (Death Benefit): The higher the death benefit, the higher the premium.
• Policy Type: Term life is generally less expensive initially than permanent policies like whole life or IUL.
• Term Length (for Term Life): Longer terms (e.g., 30 years) usually have higher premiums than shorter terms (e.g., 10 years).
• Riders: Adding optional riders (beyond standard living benefits, if applicable) may increase the premium.

Insurance By Heroes Perspective: This is a critical area where an independent agent adds immense value. Every insurance company has its own underwriting guidelines and weighs these factors differently. For example:

• NLG might offer favorable rates for someone with well-controlled diabetes, while another top carrier might be more competitive for someone with a history of heart issues.
• One company might have stricter build charts (height/weight) than another.
• A carrier might offer preferred rates for certain low-risk hobbies that another penalizes.

Without comparing across the market, you might unknowingly choose a policy that costs significantly more than a comparable one from another carrier better suited to your specific health profile or lifestyle. Insurance By Heroes leverages its knowledge of these underwriting niches across dozens of companies to find the most competitive offer for you.

Is National Life Group the Right Choice for You?

National Life Group is a financially strong, reputable company with a long history and a particular focus on IUL and living benefits. However, whether it’s the *best* choice depends entirely on your individual needs and circumstances.

Potential Pros of National Life Group:

• Financial Strength: Strong ratings from major agencies provide confidence in their ability to pay claims.
• History: Nearly 175 years in business demonstrates longevity and stability.
• Mutual Structure: Potential for non-guaranteed dividends on participating policies.
• IUL Focus: Offers a variety of Indexed Universal Life products for those seeking market-linked growth potential with downside protection.
• Living Benefits: Emphasis on Accelerated Benefit Riders (ABRs) for chronic, critical, and terminal illness can provide significant value.

Potential Cons/Considerations:

• Product Complexity: IUL policies, a core offering, can be complex and require thorough understanding.
• Cost Competitiveness: Depending on the product type and your individual profile, NLG may not always offer the most competitive premiums compared to other carriers. Term life rates, for example, might be higher than specialized term providers.
• Not Always the Best Fit: Their focus on IUL means they might not be the optimal choice if you’re looking for the lowest-cost simple term life or a traditional whole life policy focused purely on guarantees.
• Captive Agent Distribution: While available through independents, much of their business comes via agents primarily representing NLG, potentially limiting comparison shopping if you go that route.

The Bottom Line: NLG is a solid contender in the life insurance market, especially if you are interested in IUL or robust living benefits. However, no single insurance company is the best solution for everyone. Your health, budget, risk tolerance, and financial goals will dictate which carrier and policy type offer the most value.

Insurance By Heroes Perspective: This uncertainty is precisely why Insurance By Heroes exists. We believe an informed choice is the best choice. We provide the context and comparisons needed to see how a National Life Group quote stacks up against the competition. Our commitment, rooted in the public service background of our founder and team, is to guide you transparently towards the policy that best serves *your* interests, not the interests of any single insurance company.

Why Choose Insurance By Heroes for Your Life Insurance Needs?

Navigating the world of life insurance, understanding different product types, and comparing quotes from multiple carriers can feel overwhelming. Insurance By Heroes simplifies this process and ensures you find the right coverage with confidence.

Here’s why clients trust us:

• We Are Independent: We work for YOU, not an insurance company. Our access to dozens of top-rated carriers means we can objectively compare options, including National Life Group, to find the best policy and price for your specific needs.
• Expert Guidance: Life insurance can be complex, especially policies like IUL. Our experienced professionals break down the details in clear, understandable terms, empowering you to make informed decisions.
• Personalized Solutions: We don’t believe in one-size-fits-all. We take the time to understand your unique situation, financial goals, health profile, and budget to tailor coverage recommendations specifically for you.
• Rooted in Service: Founded by a former first responder and military spouse, and staffed by professionals with similar backgrounds, Insurance By Heroes operates with integrity, transparency, and a genuine commitment to serving our clients’ best interests. We understand dedication and finding the right solution.
• Market Shopping Power: We leverage our knowledge of carrier underwriting niches and product strengths to pinpoint the insurers most likely to offer you favorable terms and competitive rates. We do the legwork, saving you time and potentially significant money.
• No-Obligation Comparisons: Getting quotes through us is free and comes with no obligation. It’s simply the smartest way to survey the market and ensure you’re getting the best value.

Take the Next Step: Get Your Personalized Comparison Quote

Researching companies like National Life Group is a good start, but getting a generic quote or only looking at one company won’t give you the full picture. The best life insurance plan is the one that fits *your* life, *your* budget, and *your* goals, drawn from the best options available across the entire market.

Are you ready to see how a potential National Life Group quote compares to tailored options from dozens of other leading carriers? Don’t navigate this important decision alone. Let the dedicated team at Insurance By Heroes put their expertise and commitment to service to work for you.

Fill out the simple quote form on this page right now. We’ll provide you with a free, no-obligation comparison, helping you secure the peace of mind that comes with knowing you have the right protection in place for your loved ones, sourced through a process built on trust and comprehensive market analysis. Get started today!