Revision 696344934 of "National Life Group" on enwiki

{{Infobox company
| name   = National Life Group
| logo   = [[File:Nlg logo.PNG]]
| type   = [[Mutual company]]
| slogan = "Experience Life"
| foundation     = [[Montpelier, Vermont]], USA (1848)<ref>[https://www.nationallife.com/public/histarchive/our_history/pages/AnAct.asp An Act to Incorporate the National Life Insurance Company, State of Vermont Legislature, 1848.]</ref>
| founder        = [[Julius Yemans Dewey]]
| location       = [[Montpelier, Vermont]], USA
| key_people     = Mehran Assadi,<ref name="ceo">[http://www.pr.com/press-release/111082]</ref> President and CEO
| industry       = [[Financial Services]]
|  homepage       = [http://www.nationallife.com/ nationallife.com]
}}

'''National Life Group''' is a Fortune 1000 company<ref>{{cite web|url=https://connect.data.com/directory/company/fortune/1000?page=6|title=Fortune 1000 List}}</ref> and a diversified group of financial services companies that offer life insurance, annuities, mutual funds and estate, business succession and retirement planning strategies.<ref>{{cite web|url=https://www.nationallifegroup.com/PublicSite/Views/OurValues.aspx?id=8589940166 |title=National Life Group Reports 2012 Financial Results; Sales, Income And Earnings All Set Company Records; Statutory Surplus Stands At $1.3 Billion; Insurance In Force of $68.4 Billion}}</ref><ref>Gilman, Marcus Davis (1897). The Bibliography of Vermont; or, A List of Books and Pamphlets Relating in Any Way to the State: With Biographical and Other Notes. Burlington, Vermont: Printed by the Free Press Association. p. 138.</ref>

National Life Group was founded in Montpelier, Vermont as National Life Insurance Company.<ref>[https://www.nationallife.com/public/histarchive/our_history/pages/AnAct.asp An Act to Incorporate the National Life Insurance Company, State of Vermont Legislature, 1848.]</ref> It was chartered on November 13, 1848 “upon the principle of mutual participation in the funds or profits” of the company.  As such, the National Life of Vermont was a [[Mutual insurance|mutual company]] even though that fact was not apparent from its name.  The company officially issued its first policy and began business on February 1, 1850. 
Its name bespoke the fact that its organizers were from many different states and believed company life insurance policies would be sold throughout the nation.

[[Julius Yemans Dewey]], medical doctor of [[Montpelier, Vermont]], was among the company's founders.  He would later serve as general agent and then president of the company<ref>{{Cite journal
  | last1 = Gilman
  | first1 = Marcus Davis
  | authorlink1 = Marcus Davis Gilman
  | title = The Bibliography of Vermont; or, A List of Books and Pamphlets Relating in Any Way to the State: With Biographical and Other Notes
  | publisher = Printed by the Free Press Association
  | year = 1897
  | location = [[Burlington, Vermont]]
  | page = 138
  | url = http://books.google.com/?id=T1I0AAAAMAAJ&printsec=titlepage#PPA138,M1
  | oclc = 4072330
  | postscript = <!--None-->}}</ref> and delivered the remittance of the company's very first claim on July 26, 1850.<ref>{{cite web
  | title = National Life's First Claims: Claim #1
  | url=http://www.nationallife.com/public/histarchive/our_history/pages/first_claims_1.asp
  | accessdate = 2008-07-14 }} (Archived by the [[Internet Archive]] [http://web.archive.org/web/20061114145621/http://www.nationallife.com/public/histarchive/our_history/pages/first_claims_1.asp here])</ref>

Today, National Life Group has grown to include the Life Insurance Company of the Southwest,<ref>{{cite web|author=A.M. Best Co. |url=http://www.insurancenetworking.com/ratings_corner/insurance_NLV_Financial_AM_Best_risk_management_rating-26198-1.html |title=NLV Financial Corp. and its subsidiaries |publisher=Insurancenetworking.com |date=2010-10-27 |accessdate=2012-08-05}}</ref> in Dallas, Texas, Sentinel Investments and Equity Services, Inc.<ref>[https://www.nationallife.com/corporateinfo/2010AR.pdf National Life Group 2010 Annual Report]</ref> and now has $300 billion in assets under management.<ref>[https://www.nationallifegroup.com/OurStory]</ref>

The National Life Group companies employ roughly 900 people, with most located at its home office in Montpelier.

Mehran Assadi is the president and chief executive officer of National Life Group, a position he has held since 2009. He has been a member of the company’s board since 2009. He joined National Life Group in September 2003 as interim Chief Information Officer. In May 2004 he was appointed interim Chief Operating Officer and in April 2005 he accepted the position of President – Life and Annuity.

== References ==
{{Reflist}}

== External links ==
* {{Official website|http://www.nationallifegroup.com}}

[[Category:Financial services companies of the United States]]
[[Category:Mutual insurance companies]]
[[Category:Mutual insurance companies of the United States]]
[[Category:Companies established in 1848]]
[[Category:Insurance companies of the United States]]
[[Category:Life insurance companies]]
[[Category:Companies based in Vermont]]

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