AUSTIN, Texas, April 1, 2019 /PRNewswire/ -- National Western Life Insurance Company (NWL®) is pleased to announce its entry into the foreign national market.
"Our requirements for eligibility are flexible and reasonable," said Dr. Carlos Martinez, Sr. Vice President and Head of Foreign National Marketing. "The United States is the economic hub of the world, and foreign national investment here is substantial, lending itself to the need for products that offer financial protection such as life insurance underwritten and issued in this country." The Company's platform includes Indexed Universal Life and Term life insurance products.
Martinez indicated, "With half a century of expertise issuing policies to non-U.S. residents, we have the infrastructure already built to service this market. NWL® is multi-cultural and multi-lingual with the ability to service business in several languages."
National Western Life's products are available through a network of select independent agents and agencies. For more information, licensed insurance professionals are encouraged to contact their local National Western Life distributor or view the company's website at www.nationalwesternlife.com (product terms and availability may vary by state).
About National Western Life:
National Western Life Insurance Company (NWLIC) is a wholly owned subsidiary of National Western Life Group, Inc. (Nasdaq: NWLI). Founded in 1956, NWLIC is a stock life insurance company with a broad portfolio of individual universal life, whole life, and term insurance plans, as well as annuity products. NWLIC has 281 employees and approximately 26,000 contracted independent agents. At December 31, 2018, the Company maintained consolidated total assets of $11.9 billion, stockholders' equity of $1.9 billion, and life insurance in force of $18.6 billion.
Dr. Carlos A. Martinez
Sr. Vice President and Head of Foreign National Marketing Phone:
SOURCE National Western Life Insurance Company