Photo by Richard Hurd
A.M. Best Reaffirms A- (Excellent) Rating of NGL
Madison, Wis. (March 25, 2019) – National Guardian Life Insurance Company (NGL) is pleased to announce that A.M. Best has reaffirmed its A- (Excellent) rating effective February 21, 2019. This rating reflects the excellent ability of NGL to meet its ongoing insurance policy and contract obligations and further attests to its financial strength.
“The A- Excellent rating is a strong indicator of our financial strength and demonstrates our commitment to over 1.2 million policyholders, 28,000 independent agents and nearly 400 employees who depend on NGL. With more than 100 years in the industry, NGL continues to prove it is a reliable insurance company that exceeds expectations,” said Derek Metcalf, Vice President and Chief Financial Officer at NGL.
A.M. Best also reaffirmed the A- (Excellent) ratings for NGL subsidiaries, Commercial Travelers Life Insurance Company located in Utica, N.Y. and Settlers Life Insurance Company, located in Bristol, Va.
A.M. Best is the world’s oldest and most authoritative insurance rating information source. The financial strength rating is based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.
As a longtime leader in the insurance industry, NGL is dedicated to serving policyholders and partners by offering high-quality products that are among the safest and most stable in the industry.
Since 1910, National Guardian Life Insurance Company (NGL), a mutual insurance company, has been located in Madison, Wis. Licensed to do business in 49 states and the District of Columbia, NGL markets preneed and individual life and annuities, as well as group markets products including specialty and student insurance. Additional information about NGL can be found at www.nglic.com; Facebook: Facebook.com/NGLIC and LinkedIn: https://www.linkedin.com/company/national-guardian-life-insurance-company
About Commercial Travelers Life Insurance Company
Since 1883, Commercial Travelers has provided coverage for student accident, health and special risk markets to students in K-12 through college, school sports, and special risk coverage. Located in Utica, N.Y., NGL entered into an affiliation with Commercial Travelers in 2012. In 2017, CT was approved by NY to be demutualized and became a wholly-owned stock subsidiary of NGL. For more information, visit www.commercialtravelers.com.
About Settlers Life Insurance Company
A member of NGL group of companies since 1999, Settlers Life Insurance Company is located in Bristol, Va. Additional information about Settlers Life can be found at www.settlerslife.com.
National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.