Category: Company Reviews
North American Company for Life and Health Insurance (NACOLAH) is part of the Sammons Financial Company.
Since 1886, NACOLAH has been providing life insurance to protect families and businesses.
Ratings as of – AM Best – 08/2020, S&P – 05/2020, Fitch – 05/2020 – Subject to change
North American is a good life insurance company worth considering for your coverage needs.
It’s easy to get a policy with the WriteAway accelerated underwriting program.
With this program, it may be possible to get approved in 48-72 hours.
Criteria include:
The process is pretty simple with an e-application followed by a phone interview.
If you qualify, you will be notified that you are approved.
Otherwise underwriting will let you know that a paramed exam is required.
A number of term life insurance and universal life policies are available.
The Classic Term and ADDvantage are the term life policies available.
We recommend the ADDvantage product over the Classic Term due to the Classic not having conversion or riders.
Other companies like Transamerica offer similar pricing with riders and conversion.
A number of universal life insurance policies are available, and NACOLAH is known for its competitive IUL products.
When looking at index universal life policies, compare to policies offered by Lincoln National and Prudential.
Please note that the availability of riders may vary by state, age, underwriting and other factors.
We will provide you with full company illustrations and let you know exactly what is available to you.
The customer service phone number is 877-872-0757
You will find online access to your policy information – here
North American’s headquarters is located at:
One Sammons Plaza – Sioux Falls, South Dakota 57193
North American is a good quality life insurance company to consider for your life insurance needs.
We take our responsibility seriously and will do whatever we can to make sure you end up with the best life insurance company based on your unique life insurance needs and situation.
Kind words from happy customers who have a lot to say about our service!