North American Company for Life and Health
Since 1886, Chicago-based North American Company for
Life and Health Insurance has established a
tradition of producing quality insurance products. North
American's product line is marketed in 49 states and the
District of Columbia.
North American is a product-driven company that provides
protection oriented life insurance of superior value to
the consumer. With a variety of competitive term
products and sophisticated universal life plans
available, North American's product portfolio allows
consumers to purchase the life insurance plan best
suited to their individual needs. Exceptional rates and
value place North American among the industry's term
A Portrait of Financial Stability
Independent rating agencies are an important source of
information on an insurance company's ability to meet
its obligations. North American Company for Life &
Health Insurance continues to receive high ratings based
on its financial strength and operating performance.
A (Excellent) Rating from A.M. Best
A.M. Best awarded North American Company for Life and
Health Insurance an A (Excellent) rating for "excellent
overall performance when compared to the norms of the
life/health insurance industry". The A (Excellent)
rating is ranked the third highest rating out of fifteen
rating categories. North American Company for Life &
Health Insurance's continued profitable operations,
asset quality, and diversified distribution system are
recognized strengths by A.M. Best.
AA (Very Strong) Rating from Standard & Poor's
Standard and Poor's awarded its "AA" rating for insurer
financial strength on October 22, 2002 to North American
Company for Life and Health Insurance as part of the
Sammons Financial Group.
The AA rating, which is the third highest out of
twenty-two, reflects the Sammons Financial Group's
(which is comprised of North American Company for Life
and Health Insurance, North American Company for Life
and Health Insurance of New York and Midland National
Life Insurance Company) financial strength.
The rating is based on the group's diversified financial
services franchise, superior earnings performance, and
extremely strong capital and liquidity.
Major rating factors cited by Standard & Poor's include:
superior performance, extremely strong capitalization,
extremely strong liquidity, and business