In 1906, the company that would become Midland National Life Insurance was formed. Contributed image
Midland National Life Insurance has been recognized as one of NerdWallet’s Best Life Insurance Companies.
The popular personal finance website used independent ratings from companies like J.D. Power and A.M. Best as well as consumer feedback to make its decision. Inclusion on the best companies list honors Midland National’s commitment to serving their customers.
Midland National’s WriteAway Accelerated Underwriting is a fast and less invasive process for purchasing life insurance policies. It can eradicate the need for official examinations and lab testing.
Midland National is also being honored for its financial stability. When it comes to insurance companies, people need to know that their claims will be paid. With an A+ rating from A.M. Best, the company has demonstrated financial strength.
NerdWallet’s website notes that “you’ll want a company that can pay claims many years down the road” when discussing the reasons why Midland National was selected for its best companies list. Midland National is financially sound.
And that's the way it's been since 1906, when the company that would become Midland National was born. Six men met at a South Dakota hotel and chose the leadership for the Dakota Mutual Life Insurance Company. During the meeting, they discussed publishing "legal notice of the company's intention to begin business."
The company was officially incorporated on Aug. 30, 1906 and began doing business the following month.