A National Life Group Company Launches a Single Premium Whole Life Product Providing Security and Guarantees* - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Get our newsletter
Order Prints
October 7, 2009
Share
Share
Post
Email

A National Life Group Company Launches a Single Premium Whole Life Product Providing Security and Guarantees*

 

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.

Advisor News

  • Equitable launches 403(b) pooled employer plan to support nonprofits
  • Financial FOMO is quietly straining relationships
  • GDP growth to rebound in 2027-2029; markets to see more volatility in 2026
  • Health-related costs are the greatest threat to retirement security
  • Social Security literacy is crucial for advisors
More Advisor News

Annuity News

  • MetLife to Announce First Quarter 2026 Results
  • CT commissioner: 70% of policyholders covered in PHL liquidation plan
  • ‘I get confused:’ Regulators ponder increasing illustration complexities
  • Three ways the Corebridge/Equitable merger could shake up the annuity market
  • Corebridge, Equitable merge to create potential new annuity sales king
More Annuity News

Health/Employee Benefits News

  • Latino: The truth about ACA subsidies after the "One Big Beautiful Bill"
  • Virginia insurance regulators order rate cuts for several Aflac policies
  • State legislators continue to question HPH-HMSA deal
  • Shares of Health Insurers Rally After CMS Bumps Up 2027 Rates
  • Virginia insurance regulators order Aflac rate cuts
More Health/Employee Benefits News

Life Insurance News

  • WoodmenLife 2025 annual report celebrates family, community and country
  • Overcoming price objections by reframing costs
  • Virginia insurance regulators order rate cuts for several Aflac policies
  • AM Best Maintains Under Review With Positive Implications Status for The Fortegra Group, Inc.’s Insurance Subsidiaries
  • Life insurance application activity sees record-breaking Q1
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

An FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01525
  • RFP #T01725
  • Insurate expands workers’ comp into: CA, FL, LA, NC, NJ, PA, VA
  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet