When it comes to protecting your financial future, you should choose a life insurance and annuity company you can trust. Give your loved ones the benefit of financial stability from a top-rated organization, with a history of providing financial protection to families and businesses.
Place your family's trust in Midland National.
Midland National offers some of today’s most sought-after life insurance and annuity products. Yet, unlike many financial organizations, Midland National is a privately-held company. This allows us to keep our focus on making smart business decisions now to deliver on our commitments to customers, distribution partners, our employees and our communities.
Helped over 1 million customers1
60,000 agents and agencies across America1
1500+ employees working hard for you1
Gave $3.5 million and 2,100+ hours back to our communities in 20201
Midland National’s proud history dates back to our founding, in 1906, under the name Dakota Mutual Life Insurance Company. The company grew steadily during the early years, even as it faced the economic challenges of World War I, the Great Depression, and World War II. In 1925, the company assumed its current name, Midland National® Life Insurance Company.
Today, Midland National has over 1 million life insurance and annuity policies in force, and has paid over $638 million in life insurance claims and over $597 million in annuity benefits in 2020 alone1.
With Midland National, you aren’t just buying a life insurance or an annuity product, you’re buying a commitment to you and your family. Third-party rating agencies consistently recognize Midland National with A+ ratings, and the company has received accreditation from the Better Business Bureau.
As an ESOP-owned company, we foster a workplace unlike any other. It's a high-performing culture where employees can help drive our company's success, and our core values – integrity, openness, respect, and accountability – deeply influence our day-to-day actions.
Midland National, as part of Sammons® Financial Group, has repeatedly been named to Glassdoor’s list of Best Places to Work. The list is compiled based solely on the input of employees who elect to provide feedback on their jobs, work environments, and companies. Winners are determined by company reviews that are shared by employees over the past year.
Driving meaningful work
“Our agenda is laser-focused on celebrating success, working with our distribution partners and solving whatever new batch of challenges emerged over night. We focus on step changes to make conducting business easier and it is an energizing way to start the day.”
Bryce Biklen, Sales
Maintaining our culture
“We are one big family and we’re here to improve the community, our organization, and our clients’ lives. We work together and it’s fun. It’s fast-paced and we’re always changing, but we’re also very family-oriented.”
Caring for the community
“Volunteering presents opportunities to meet other employees who share common interests and passions. It also exposes me to new ways to connect to the community.”
Laura May Chapman,
At Midland National, we take pride in helping families and businesses plan for healthy financial futures. But we also care about the needs of our communities today. That's why we have a strong culture of volunteerism and giving.
Our employees and leadership teams organize events, which allows Midland National employees to spend their paid time helping organizations that Sammons Financial Group supports. We also offer employees volunteer time-off, so they can support organizations that matter to them, without having to use their vacation time.
We are called to pass along our own success through financial support to our communities, displayed through gifts of $3.5 million in 20201.
The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are insurance licensed will be paid a commission on the sale of an insurance product.
1. Internal data, September 2021.
2. A+ (Superior) rated by A.M. Best since 1980. A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the company's financial strength, operating performance and ability to meet its obligations to policyholders. A+ is the second highest rating out of 15 categories and was affirmed for Midland National Life Insurance Company as part of Sammons Financial Group on July 30, 2021. For the latest rating, access ambest.com.
3. S&P Global Ratings awarded its "A+" (Strong) rating for insurer financial strength on February 26, 2009 and affirmed on June 2, 2021 to Midland National Life Insurance Company as a member of Sammons® Financial Group, Inc. The "A+" (Strong) rating is the fifth highest out of 22 available ratings as a member of Sammons® Financial Group, Inc. S&P Global Ratings is an independent, third-party rating firm that rates on the basis of financial strength. Rating shown reflect the opinion of the rating agency and are not implied warranties of the company’s ability to meet its financial obligations
4. A+ (Stable) Rated by Fitch Ratings. Fitch Ratings, a global leader in financial information services and credit ratings, on Dec. 14, 2021, assigned an Insurer Financial Strength rating of A+ Stable for Midland National. This rating is the fifth highest of 19 possible rating categories. The rating reflects the organization’s strong business profile, low financial leverage, very strong statutory capitalization and strong operating profitability supported by strong investment performance. For more information, read the Fitch Ratings report.
985MW-1c REV 12-21