The responsible way to lower your life insurance costs
Affordable Life Insurance
Quickly compare life insurance rates
Competitive Quotes & Apply Online!

My zip code is:

Sammons Financial Group

Write a review of Sammons Financial Group

One of the largest privately held companies in the nation, Sammons Financial Group is a consolidation of insurance and financial companies. By sharing resources and services, Sammons Financial Group and its parent company, Sammons Enterprises, maintain strong growth and efficiency. Along with annuity and securities companies, Sammons Financial Group offers health and life through their subsidiaries, Midland National Insurance and North American Insurance Co.


North American Insurance Co. started in Chicago in 1886, and Midland National Insurance was founded in 1906 in South Dakota. Offering protection-oriented life insurance policies, both companies have survived challenging economic times and come out financially strong.

In 1995 and 1996, Sammons Financial Group acquired Midland Insurance and North American Insurance, respectively. Sammons Enterprises, the parent company to the three companies mentioned above, is a diversified corporate holdings company that started in 1962. Now one of the largest privately owned companies in the United States, Sammons Enterprises operates an employee stock ownership plan. Sammons Financial Group has more than $31 billion in assets, $223 billion of life insurance in force and 1.5 million policies.

Sammons Financial Group Ratings

As a whole or separately, the insurance companies held by Sammons Financial Group all receive high ratings. The financial group itself received an AA rating from Standard & Poor's for its diversification, superior earnings and extremely strong capital. Midland and North American Insurance received A+, or superior ratings, from A.M. Best, which is the second highest rating given. In the Fitch and Weiss rating systems, neither company was rated below the top four.

Sammons Financial Group
Corporate Headquarters
525 W. Van Buren St.
Chicago, IL 60607
(312) 648-7600

home  |  blog  |  site map  |  contact  |  privacy  |  get quotes  |  find insurance agents

Copyright 2006 - 2012 is not an insurance company, but presents independent editorial content, reviews and ratings of life insurance companies. is not associated with, or approved by the life insurance providers discussed here. All trademarks are the property of their respective holders.

TermLifePolicy is provided "as is" and without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement.