#THERESA ARMSTRONG EMC NATIONAL LIFE COMPANY PLUS#

Policyholders can also change Youth Plus Term to a permanent plan at 25.

After a single- or two-year premium payment, policyholders can receive $150,000 of total coverage, including $5,000 to $20,000 in death benefit options. Youth Plus Term: Parents can provide for their children with Youth Plus Term.There are no medical exams, the application is brief, and the underwriting process is streamlined. Easy Choice Term: If you have short-term debt, the Easy Choice Term is a worthwhile option, with coverage from $5,000 to $100,000 for people ages 18 to 70.There are a variety of coverage amounts, including up to eight different types of riders. Term Select Insurance: Term Select is ideal for protecting your mortgage, business, or farm, as well as short-term debt relief.There are also no paper applications, and the online version is fast and convenient. This one-stop policy provides guaranteed premiums and death benefit amounts. Instant Issue Term Insurance: This is a straightforward coverage option for new car and homeowners.These policies can be anywhere from 5 to 30 years long.ĮMC National offers four varieties, including Instant Issue Term, Term Select, Easy Choice Term, and Youth Plus Term. Term life insurance offers policyholders the lowest cost policy and covers mortgages, income replacement, and short-term debt. Let’s take a closer look at what each one encompasses. ProductsĮMC National offers customers a number of life insurance products. There are also virtually no customer reviews or complaints. They do, however, hold an “ A+” rating, which is the highest possible mark from the BBB. In terms of consumer reviews, EMC National Life does not have accreditation from the Better Business Bureau (BBB). This rating is synonymous with “excellent” and indicates that a company is overwhelmingly likely to meet its ongoing insurance obligations. It also has a positive and reliable credit rating.ĮMC National Life currently holds an “ A-” from A.M. It is also coming off record highs in capital and surplus with more than $122 million in reserve.Ĭurrently, EMC National Life has $900 million in total invested assets and $13 billion of insurance in force. Financial Strength and Ratingsīased on end-of-the-year reports from 2018, EMC National Life has $2.9 billion in total assets. The Independent Insurance Agents & Brokers of America ( IIABA) gives this national award to recognize companies for outstanding contributions.ĮMC National Life also supports a wide range of charitable organizations in Iowa, including the Greater Des Moines Botanical Garden, Iowa College Foundation, and the United Way. It’s their way of making the insurance process easy.ĮMC Insurance Companies earned the Best Practices Award for Excellence in 2019. The emphasis on accessibility means representatives can respond quickly and efficiently to each area’s market and business needs.ĮMC National strives to uphold the pillars of Honesty, Integrity, Service, Teamwork, and Continuous Improvement. This client-friendly partnership fuels their slogan of “Making Life Easy.”Īdditionally, EMC National Life has a network of 20 branch and service offices spread across the country with over 2,300 employees. This intimacy is possible because EMC National Life partners with independent agents during the insurance process. The company is well-known for its steadfast dedication to personalized service. Policyholders have 51% of the common voting stock through the holding company. Under the current structure, EMC holds 49% of the common voting stock. It was formed as a result of a merger between Employers Modern Life Company and National Travelers Life Company in July of 2003. Quick LinksĮMC National Life Company is a subsidiary of EMC Insurance Companies in Des Moines, Iowa. While EMC National is fairly young, its short but successful track record might just warrant a spot on your shortlist of life insurance companies. What do you do when you encounter a provider like EMC National Life Company, which was formed in the 21st century? There are the premiums, policy types, and underwriting process to examine, not to mention the company’s history and its financial stability.Īs you weed through the details, you may be wondering how much the company’s age should factor into your decision. When it comes to picking the right life insurance company, you have a lot of factors to consider.

Theresa armstrong emc national life company