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National Life Insurance Company was chartered by the Vermont Legislature on November 13, 1848. [2] [3] [4] It has been insuring people for 175 years and was one of the first mutual life insurance companies in the U.S. [5] The company wrote its first policy on the life of Daniel Baldwin, a resident of Montpelier, on January 17, 1850.
In December 1901, the National Sick and Accident Association was sold to C. A. Craig to settle an estate. By 1902, the company was nearly insolvent. [1] In the early years, the company's business consisted primarily of low-premium, low-benefit "sick and accident" policies, [1] which is a form of disability insurance that paid the holder a stated amount for every week he was unable to work due ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
The National Mutual Life Assurance Society was formed in 1896 by the merger of the National Life Assurance Society and the Mutual Life Assurance Society. It was notable for the Chairmanship of John Maynard Keynes between 1921 and 1938 when he developed the concept of active investment of its fixed interest portfolio, and investment in equities, long before the post-war “cult of the equity”.
Globe Life Liberty National Division (formerly Liberty National Life Insurance) is an American insurance company that is a provider of life and supplemental health insurance. It provides individual coverage through home and workplace sales. The company is headquartered McKinney, Texas and is licensed in 49 states and is a subsidiary of Globe Life.
The Ohio National Life Insurance Company is a mutual insurance company. The Ohio National Life Insurance Company is headquartered in Cincinnati, Ohio, United States.Along with its affiliated companies, the Ohio National group offers life insurance, annuities, disability insurance, group retirement plans, and investment products.
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