News

SFG ratings

S&P Global Ratings Affirms Sammons Financial Group’s A+ Rating

  • Oct 17, 2018
Chicago, IL | Oct. 17, 2018 - S&P Global Ratings has affirmed the A+ (strong) financial strength rating for Sammons® Financial Group, Inc. (SFG) and its member companies, Midland National® Life Insurance Company and North American Company for Life and Health Insurance®, and maintained its stable outlook for the companies.
BBB logo

North American Company for Life and Health Insurance Accredited by Better Business Bureau

  • Oct 15, 2018
Chicago, IL | Oct. 15, 2018 - North American Company for Life and Health Insurance® has been affirmed as a Better Business Bureau (BBB) accredited business with an A+ BBB rating.
Veterans Honored Interment check presentation

Sammons Financial Group Donates $20,000 to South Dakota Department of Veterans Affairs

  • Oct 11, 2018
Sioux Falls, SD | Oct. 11, 2018 - Sammons® Financial Group Member Companies (SFG) recently donated $20,000 to support the South Dakota Department of Veterans Affairs’ Veterans Honored Interment (VHI) project. The funds will be used to purchase much needed tools used by veterans to construct burial vessels for qualifying veterans. In addition, the donation will help coordinate efforts to partner with other states to create similar programs outside South Dakota.
Jill Esser

Sammons Financial Group Announces New Vice President of Annuity Product Development

  • Oct 9, 2018
West Des Moines, IA | Oct. 9, 2018 – Sammons® Financial Group, Inc. (SFG) is pleased to announce the recent hiring of Jill Esser as vice president, annuity product development. Esser will be responsible for all aspects of the fixed and fixed indexed annuity product development and pricing, working with both Sammons Independent Annuity Group and Sammons Institutional Group.
Premium Deposit Agreement

North American Company for Life and Health Insurance Launches New Premium Deposit Agreement (PDA) for Single Life Indexed Universal Life Insurance Products

  • Sep 25, 2018
Chicago, IL | Sept. 25, 2018 – North American Company for Life and Health Insurance® launched a new Premium Deposit Agreement (Agreement) for most single life Indexed Universal Life products. The new feature allows the policyowner to submit a lump sum and creates a Premium Deposit Account (PDA) for the purpose of automatically funding future annual premium payments on the policy. This provides many potential benefits including worry-free premium payments, opportunity for growth, and helping avoid creating a Modified Endowment Contract (MEC).