AUSTIN, Texas, April 13, 2017 /PRNewswire/ -- National
Western Life Insurance Company (NWL®) has announced the
release of the NWL® Income Protector, the company's
newest annuity offering. This flexible premium fixed rate product
carries an optional Withdrawal Benefit Rider.
"The product design is unique and continues our tradition of
creating innovative products with consumer features," said
Dave Ramsey, National Western Life's
Senior Vice President and Chief Actuary. "It addresses a need
in the market that we feel is underserved."
The company has maintained a competitive stance in the
marketplace by continually aiming to provide outstanding financial
solutions to their clientele. NWL has sustained solid industry
ratings having once again garnered an "A" (EXCELLENT) rating with
A.M. Best Company and an "A" (STRONG) rating with Standard &
Poor's.
NWL® Income Protector is now available through NWL's
network of independent distributors and producers. For
additional information about this product, please contact your
agent or click here to access the product information brochure
(product terms and availability may vary by state).
About National Western Life:
National Western Life
Insurance Company (NWLIC) is a wholly owned subsidiary of National
Western Life Group, Inc. (Nasdaq: NWLI). Founded in 1956,
NWLIC is a stock life insurance company with a broad portfolio of
individual universal life, whole life, and term insurance plans, as
well as annuity products and investment contracts, meeting the
financial needs of its customers in 49 states as well as residents
of various international countries. NWLIC has 265 employees and
approximately 27,500 contracted independent agents, brokers,
producers, and consultants. At December 31,
2016, National Western Life Group, Inc. maintained total
consolidated assets of $11.9 billion,
stockholders' equity of $1.7 billion,
and life insurance in force of $20.9
billion.
Release Contact:
Paul
Garofoli, Marketing Vice President
Phone: 800-760-3434, extension 207
FAX: 512-339-8350
pgarofoli@nationalwesternlife.com
www.nationalwesternlife.com
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SOURCE National Western Life Insurance Company