National Western Life Group, Inc., through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and ONL and Affiliates segments. The company provides life products, including universal life insurance, interest-sensitive whole life, and traditional products, such as term insurance coverage; and annuity products comprising flexible premium and single premium deferred annuities, equity-index annuities, and single premium immediate annuities. The company also engages in the real estate and other investment activities. It markets and distributes its insurance products primarily through independent national marketing organizations. The company was founded in 1956 and is based in Austin, Texas.
The company was founded in 1956, and as of 2019 it has about 275 employees and 25,200 contracted independent agents and operates in 49 US states.
On 1 January 2020, National Western Life Insurance Company confirmed the formation of The Sterling Group, a strategic partnership between itself and six large regional marketing organizations. Such strategic marketing agencies include Excel Advisors, CreativeOne, Financial Independence Group, Gradient Insurance Brokerage, Impact Partnership and M&O Marketing.
The company offers individual universal life plans, term insurance plans, and whole life plans as well as offering annuities and life insurance products for foreign nationals.
The mission of National Western Life is to create innovative and competitive financial solutions for our customers and to provide a level of personalized service that will establish lasting relationships.
National Western Life is committed to delivering our customers' financial future through innovative and competitive life insurance, annuity and investment products; specialized service, program and benefit consulting; and strategic advice.
Ms. Gina Byrne Miller (Sr. VP, Chief Legal Officer & Sec.)
Mr. James John Ryan Sr. (Sr. VP & Head of Sales)
Patrick D. Johnson (VP of HR)
Recognition and Awards
National Western Life has been recognized by the International Center of Excellence in Financial Services, earning an International Quality Award and Best in Class Award, as well as receiving multiple Best Life Insurance Company of the Year awards from distinguished magazines and organizations.