Montpelier, VT - April 15, 2013
The companies of National Life Group are proud to announce new Section 79 product enhancements that help business owners provide valuable life insurance protection for themselves and their employees. These changes also help business owners address tax planning and retirement savings concerns.
With this Section 79 life insurance product enhancement, National Life Insurance Company and Life Insurance Company of the Southwest have sweetened this attractive fringe benefit. Now business owners who have a need for life insurance can take advantage of the additional cash value that comes from purchasing permanent life insurance in a Section 79 plan.1
“Successful business owners are always looking for ways to reward and retain key talent,” explains Ruth B. Smith, Executive Vice President of Protection at National Life Group. “This Section 79 life insurance product enhancement gives business owners a flexible tool that makes good business sense.”
Understanding how expensive becoming ill can be and consumer concerns about outliving their assets, the National Life Group companies have also strengthened their life insurance riders: giving business owners and consumers more options for protection during their lifetimes.2
To learn more about these product enhancements, or the complete product portfolio and services offered by the companies of National Life Group, please contact the National Life Group Sales Desk at 1-800-906-3310 or visit www.NationalLifeGroup.com.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest (LSW), Addison, TX and their affiliates. Each company of NLGroup is solely responsible for its own financial condition and contractual obligations. LSW is not an authorized insurer in New York and does not conduct insurance business in New York.
1Section 79 plans are offered and administered independently of the companies of National Life Group. National Life is bound only by the terms of the life insurance contracts issued by the Group insurance companies.
2 Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance. Riders are optional, may require additional premium and may not be available in all states or on all products. This is not a solicitation of any specific insurance policy.