National Life Insurance Company Unveils New Universal Life Product

Montpelier, VT, November 7, 2007 – National Life Insurance Company, a member of National Life Group, has introduced a new universal life product, NaviStar, to an already robust product portfolio.  With this newest addition, National Life Group is offering more options and flexibility to help meet its clients’ needs, in particular, family protection, business planning, and wealth transfer. 

NaviStar Universal Life is a flexible premium, flexible death benefit contract that can be customized through optional riders to meet a wide variety of insurance needs.  This product may also be an alternative to No Lapse Guarantee products offering similar premium levels with the added benefit of premium flexibility. 

“NaviStar offers clients an efficient way of providing additional coverage on another insured such as a spouse, children, or a business partner,” states Mehran Assadi, President, Life and Annuity, National Life Group.  “NaviStar’s riders also offer living benefits to cover costs associated with a chronic or terminal illness.  It is a multi-faceted product available to meet the diverse needs of our clients, all within one contract for one premium.”

About National Life Group

National Life Group is a diversified family of financial service companies made up of its flagship company, National Life Insurance Company, founded in Montpelier, Vermont in 1850, Life Insurance Company of the Southwest, Dallas, Texas, Sentinel Asset Management Inc., Equity Services, Inc. and National Retirement Plan Advisors Inc., all located in Montpelier, Vermont.  Companies in the group offer a comprehensive portfolio of life insurance, annuity and equity* products to help individuals, families and businesses pursue their financial goals.

National Life Insurance Company is licensed in all 50 states and the District of Columbia.  National Life Group is a tradename of National Life Insurance Company and its affiliates.  Each company of the National Life Group is solely responsible for its own contractual obligations. 

Navistar Universal Life Insurance, form series 8522(0707)/8523(0707). Policy loans and withdrawals, and receipt of accelerated benefits reduce the policy’s cash value and death benefit and may result in a taxable event.  The Other Insured Rider is optional, available at additional cost, and is not available in all states.

Securities are offered solely through Registered Representatives of Equity Services, Inc., Member FINRA/SIPC, One National Life Drive, Montpelier, Vermont, 05604, 802-229-3900. 

Contact:

Matt DeSantos
802-229-7023
[email protected]