Issued by: Nationwide Life Insurance CompanyĪddress: One Nationwide Plaza, Columbus, OH 43215Ī.M Best Rating: A+ (Superior) Second highest of 16 possible ratingsĬompetitors: State Farm, Farmers, Allstate, Country Financial, American Family Life Insurance, Progressive Life Insurance, ANICO, Allianz Life Insurance Company, Fidelity & Guaranty Life, American General Life, Banner Life, Protective Life, Primerica, Genworth Life, Pacific Life Insurance, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Prudential, Midland, Cincinnati Life, Grange Life Insurance Company, Symetra Life Insurance Company, Mutual of Omaha, John Hancock, PennMutual, Principal, TIAA-CREF, Guardian, OneAmerica, Minnesota Life, RiverSource, Allianz Life Insurance Company, Thrivent Financial for Lutherans, AAA, Erie, Sagicor, Amica, Assurity, Colonial Penn, AARP, Globe Life, Ohio National Life Group, New York Life, Northwestern Mutual, EMC National Life, Motorists Life, Pan-American Life, National Life Group, American Family, Shelter, HoraceMann, Group Life Insurance, Supplemental Life Insurance, Aflac, Voluntary Life Insurance, Unum, MassMutual.utual. Other than that, Nationwide is top life insurance company in America and definitely a company to look at. One factor that could be an issue for some potential insured’s is their underwriting of certain medical impairments. The company’s adjusted capital and surplus grew by 1.1 million to 116 million. EMCNL’s total profits from 2010-2021 totaled 77 million. In addition, they are a Fortune 100 company and in the top 25 for total market share according to the NAIC. Affiliated Company EMC National Life (EMCNL) EMCNL’s new business life insurance production credit was 5.8 million, which was better than planned, on net premiums of 47.6 million. how other insurers would rate and price the same health impairment.īottom Line: Nationwide is a highly rated life insurance company that offers very competitive rates on many of their life insurance products. In reviewing their underwriting guidelines it seems that some applicants who have health impairments could encounter higher rates or even a decline vs. One potential downside some may encounter will be their underwriting. Location- Nationwide still has brick and mortar offices around the country which some people prefer.Ĭons: There aren’t too many cons with Nationwide. Size and brand recognition- Nationwide is a Fortune 100 company and a household name which can be attributed to their popular adverting campaigns. Prices- In 2014, Nationwide has very competitive prices on their life insurance products, especially their term life insurance. Best and a Comdex rating of 91 which means they received excellent ratings from the four main rating agencies. Pros: Financial Strength- Nationwide has an A+ (Superior) financial rating from the top rating agency A.M.
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