Subject:                                                   National Life Board Approves Dividends for 2024

 

 

 

 

National Life Board Approves Dividends for 2024

The Board of Directors of National Life Group has approved an estimated payment of approximately $25.5 million in dividends to eligible participating policyholders in 2024. This payment represents our ongoing commitment to our policyholders and continues our proud heritage of having paid a dividend every year since 1855.

Effective January 2024, the interest rate underlying the dividend scale for all new participating business (Whole Life Insurance) and for most participating policies sold since 1999, as well as our closed block of business (those sold before 1999) will be as follows:

 

OPEN BLOCK

2023

2024

1999 Series

4.00%

4.00%

2003 Series (LifeCare 1 only)

3.25%

3.25%

LifeBuilder

4.00%

4.00%

Protector Life

4.25%

4.25%

TotalSecure (2018 Series)

4.25%

4.50%

TotalSecure (2021 Series)

4.25%

5.00%

 

CLOSED BLOCK

2023

2024

PRE-80 Series

3.75%

3.25%

80 Series

3.75%

3.25%

88 Series / 93 Series

3.50%

3.00%

 

We keep our promises to take care of families and will continue to be there for our clients as we celebrate our 175th year as a mutual company.

 

 

 

One National Life Drive, Montpelier, VT 05604 | www.NationalLife.com

 

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Products issued by

National Life Insurance Company®

Life Insurance Company of the Southwest®


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National Life Group® is a trade name of National Life Insurance Company founded in Montpelier, VT in 1848, Life Insurance Company of the Southwest (LSW) chartered in Addison, TX in 1955, and their affiliates. Each company of National Life Group® 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.

 

No bank or credit union guarantee | Not a deposit | Not FDIC/NCUA insured | May lose value

Not insured by any federal or state government agency

 

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

Agent Use Only - Not For Use With The Public

 

TC137173(1023)1

Cat No 106544(1122)