Midland National Life Insurance Company is a subsidiary of Sammons Financial Group, founded in 1906 and headquartered in Sioux Falls, South Dakota. Midland National is recognized as a leading provider of indexed universal life (IUL) insurance and fixed annuity products, offering consistently competitive crediting strategies and strong product design.
AM Best Rating: A+ (Superior)
Midland National carries an A+ (Superior) rating from AM Best, reflecting outstanding financial strength backed by the Sammons Financial Group — one of the largest privately held companies in the United States.
Indexed Universal Life (IUL)
Midland National is consistently among the top IUL carriers for cash value accumulation potential. Their IUL products feature competitive cap rates, multiple indexing strategies, and strong accumulation illustrations for retirement income planning.
Fixed Annuities & MYGAs
Midland National offers highly competitive fixed annuity and multi-year guaranteed annuity (MYGA) products. A carrier we also work with for annuity clients seeking guaranteed growth.
Term Life Insurance
Competitive term products available for buyers seeking straightforward death benefit protection at competitive premiums.
Sammons Financial Group
As a member of Sammons Financial Group — one of the largest privately held financial services companies in the US — Midland National benefits from exceptional capitalization and long-term financial stability without the pressure of public shareholder expectations.
Best For
Pre-retirees ages 40–60 seeking IUL for supplemental retirement income; buyers comparing MYGA rates for fixed annuity growth; individuals wanting strong permanent coverage from a highly capitalized carrier.
Get a Midland National Life Insurance Quote
Call us at 1-888-972-0024 or contact us to get a personalized quote. We compare rates across all major carriers at no cost to you.