Montpelier, VT –  October 7, 2009 - National Life Insurance Company (NLIC), member of National Life Group , has recently launched LifeBuilder 1, a whole life policy designed to provide security and guarantees for clients looking for a place to put their single sum of money for their heirs.  LifeBuilder 1 provides an income-tax free benefit for their heirs that will significantly exceed their single sum, income-tax deferral, and access to NLIC’s living benefits through no additional cost accelerated benefit riders in the event of a terminal, chronic, or critical illness.

“With LifeBuilder 1, protection, convenience, and value are at the core of this product offering,” explains Vince Vitiello, Chief Marketing Officer, National Life Group. “One policy, one payment, triple benefits… simple as that.”

New, streamlined underwriting requirements are also available with LifeBuilder 1.  For clients up to age 75, medical requirements are based on the Net Amount at Risk, rather than the face amount making it even easier for both the agent and the client. 

“National Life Group understands that every client has different needs,” states Vitiello. “We will continue to build upon our product portfolio, coupled with our living benefits, offering agents and clients a broad spectrum of life insurance based solutions.”

To learn more about the product portfolios and services offered by the companies of National Life Group, please contact the Life Sales Desk at 888-297-3990. 

*Guarantees are dependent upon the claims-paying ability of the issuing company. 

NL LifeBuilder, form series 8310/8310ID(0306),  whole life insurance is underwritten by National Life Insurance Company.  The Accelerated Benefits Riders, form series 7490/7493/9744, are optional.   Payment of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy.  Receipt of Accelerated Benefits may be a taxable event and may affect your eligibility for public assistance programs.  Please consult your personal tax advisor to determine the tax status of any benefits paid under this rider and with social service agencies concerning how receipt of such a payment will affect you, your spouse and your family’s eligibility for public assistance.  Chronic illness is not available in Connecticut, Kansas, Maryland, Minnesota , New York and Washington.  Critical illness is not available in Connecticut and New Jersey.

About National Life Group - www.nationallife.com

National Life Group is a diversified family of financial service companies that has successfully forged a strong identity as a product innovator. Companies in the group offer a comprehensive portfolio of life insurance, annuity and investment**products to help individuals, families and businesses pursue their financial goals.

National Life Group, a Fortune 1000 company, serves more than 700,000 customers. With combined 2008 revenue of $1.1 billion, members of National Life Group employ roughly 900 employees, with most located at its home office in Montpelier, VT. Group companies also maintain offices in Dallas, New York, San Francisco, Boston and Wayne, PA.

The Group is made up of its flagship company, National Life Insurance Company, founded in Montpelier, Vermont in 1848; Life Insurance Company of the Southwest, Dallas, Texas, and Sentinel Investments™, Equity Services, Inc. and National Retirement Plan Advisors, all located in Montpelier.

National Life Group® is a trade name representing various affiliates, which offer a variety of financial service products.  Each company of National Life Group is solely responsible for its own financial condition and contractual obligations.

National Life Insurance Company is licensed to do business in all states and the District of Columbia.  Life Insurance Company of the Southwest is licensed to do business in all states except New York. 

Sentinel Investments™ is the unifying brand name for Sentinel Financial Services Company, Sentinel Asset Management, Inc., and Sentinel Administrative Services, Inc.

**Securities and investment advisory services are offered solely by Equity Services, Inc., Member FINRA/SIPC,  Broker/Dealer and Registered Investment Adviser, One National Life Drive, Montpelier, VT, 05604, 802-229-3900.