North American Company for Life and Health Insurance is a subsidiary of Sammons Financial Group, founded in 1886 and headquartered in Sioux Falls, South Dakota. North American is well known for competitive indexed universal life products and strong term life pricing across a broad range of age and health profiles.
AM Best Rating: A+ (Superior)
North American carries an A+ (Superior) rating from AM Best, reflecting outstanding financial strength and stability under the Sammons Financial Group umbrella.
Indexed Universal Life (IUL)
North American’s IUL products are consistently competitive, featuring multiple indexing strategies and strong cap rates. A top carrier for retirement income supplementation and cash value accumulation through permanent life insurance.
Term Life Insurance
North American offers competitive term products in 10, 15, 20, 25, and 30-year durations with strong pricing for many age and health profiles. Available with conversion options to permanent coverage.
Accelerated Underwriting
North American offers streamlined underwriting with potential for exam-free approval for qualifying applicants, reducing the time from application to policy issuance.
Sammons Financial Group
Alongside Midland National, North American is part of Sammons Financial Group — providing the financial stability of one of the largest privately held companies in the United States.
Best For
Buyers seeking competitive IUL for retirement income planning; term shoppers ages 30–60 comparing rates across multiple carriers; individuals who want a highly rated carrier with strong product depth.
Get a North American 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.