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About Midland National
About Midland National

Midland National — Since 1906

Strength
Midland National’s story is a classic example of American perseverance and ingenuity. Founded in 1906, Midland National has survived two world wars, the Great Depression, the Dust Bowl, and multiple recessions. Now with over 100 years under its belt, Midland National holds over 1 million life insurance and annuity policies with assets of over $26 billion.

Stability
As a private, employee-owned company*, Midland National is not subject to the short-term earnings pressures that publicly held companies often face. We are a company with plans to perpetuate itself for hundreds of years, not the next quarter or fiscal year. We focus on the long term. We focus on you.

Ratings
Midland National consistently earns high ratings.

  • A+ (Superior) from A.M. Best
    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 May 26, 2011. For the latest rating, access www.ambest.com - New Window.

  • A+ (Strong) Rating from Standard & Poor's
    Standard and Poor's awarded its "A+" (Strong) rating for insurer financial strength on February 26, 2009 and affirmed on April 6, 2011 to Midland National Life Insurance Company as part of Sammons Financial Group. The "A+" (Strong) rating, which is the fifth highest out of 22 available ratings, reflects the financial strength of Midland National Life Insurance Company, a member of Sammons Financial Group.

  • B+ (Good) from Weiss Ratings
    Weiss Ratings is an independent third-party rating firm that rates on the basis of financial strength. Weiss' ratings range from A+ to E (+ for the upper third of each grade range and - for the lower third of each grade range), and Midland National's B+ rating places Midland National on Weiss' Strongest Life and Annuity Insurers List.
The above ratings apply to Midland National's financial strength and claims paying ability. These ratings do not apply to the safety or performance of the variable accounts, which will fluctuate in value.

*"Employees" of the member companies of SFG and Sammons Enterprises does not include independent insurance producers, registered representatives, regional sales directors, or broker-dealers appointed with Midland National Life Insurance Company or Sammons Securities Company.

Sammons Financial Group is comprised of North American Company for Life and Health Insurance, Sammons Securities Company LLC, and Midland National Life Insurance Company, including its divisions Sammons Annuity Group and Sammons Corporate Markets Group.

The broker/dealer for Midland National's variable products is Sammons Securities Co.®, member FINRA / SIPC. Sammons Securities Co.® is a registered broker/dealer under the Securities Exchange Act of 1934. Sammons Securities Co.® is an indirect wholly owned subsidiary of Sammons Enterprises, Inc., of Dallas, Texas, the ultimate parent company of Midland National.

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Copyright © 1998-2012 Midland National Life Insurance Company, Administrative Office, Sioux Falls, SD. All rights reserved.
Midland National is a member of Sammons Financial Group.
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