Why Choose Midland National
The answer is in the numbers
With over 110 years of business under their belt, Midland National’s continued financial strength is the result of their:
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Conservative and disciplined investment approach
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Private ownership structure
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Commitment to doing what’s right for Midland National distribution partners and policyowners
In the end, what's good for you, is good for Midland National.
Doing the right thing for you is simply good business. By putting Midland National policyowners first and focusing on the long-term rather than the short-term, they’ve been able to establish a strong, enduring company that Midland National policyowners can trust.
Speaking of Midland National policy owners...They currently have:
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1 million Midland National life insurance policies and annuity contracts in the books with assets over $60 Billion
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Paid over $593 million in Midland National life insurance death claims in 2019
Midland National is privately owned and customer focused.
As a privately owned company, Midland National is not subject to the short-term earnings pressures that publicly held companies often face. Midland National plans to perpetuate itself for hundreds of years, not the next quarter or the next fiscal year. At Midland National they focus on the long term. They focus on you.
High ratings for financial strength.
Independent agency ratings provide a vital picture of an insurer’s ability to keep its commitments to you, the customer. These ratings are based on financial strength, operating performance, and ability to meet their obligations to Midland National policyowners and contract holders. Their consistent high ratings show that with Midland National, you aren’t just buying a product, you’re buying a commitment to you and your family.
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"A+" (Superior) A.M. Best
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"A+" (Strong) S&P Global Ratings
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"A+" (Stable) Fitch Ratings
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To learn more about their strength and stability, read their brochure.
The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are insurance licensed will be paid a commission on the sale of an insurance product.
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A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the company’s financial strength, operating performance and ability to meet its obligations to policyholders. A+ is the second-highest rating out of 15 categories and was affirmed for Midland National Life Insurance Company as part of Sammons Financial Group on August 19, 2020. For the latest rating, access ambest.com
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S&P Global Ratings awarded its “A+” (Strong) rating for insurer financial strength on February 26, 2009 and affirmed on August 14, 2019 to Midland National Life Insurance Company, as part of Sammons Financial Group. The “A+” (Strong) rating is the fifth-highest out of 22 available ratings.
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Fitch Ratings, a global leader in financial information services and credit ratings, on May 1, 2020 assigned an Insurer Financial Strength rating of A+ Stable for Midland National. This rating is the fifth-highest of 19 possible rating categories. The rating reflects the organization’s strong business profile, low financial leverage, very strong statutory capitalization and strong operating profitability supported by strong investment performance. For more information, read the Fitch Ratings report.
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