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North American Company - Life Insurance

About North American Company

Mission Statement

Be a leader in providing protection-oriented life insurance products and services that offer superior value to consumers.

History and Purpose

Since 1886, Chicago-based North American Company for Life and Health Insurance has established a tradition of producing quality insurance products. North American's product line is marketed in 49 states and the District of Columbia. A similar portfolio is available in New York through an affiliate company, North American Company for Life & Health Insurance of New York.

North American is a product-driven company that provides protection oriented life insurance of superior value to the consumer. With a variety of competitive term products and sophisticated universal life plans available, North American's product portfolio allows consumers to purchase the life insurance plan best suited to their individual needs. Exceptional rates and value place North American among the industry's term insurance leaders.


North American Company Term Life Insurance

Term insurance is generally the least expensive and least complicated type of life insurance. It provides insurance protection at a low cost for a specified period of time, such 10, 15, 20 or 30 years. At the end of the term, protection can be renewed, although rates may then increase. (There is no "accumulation" element, or cash value with term insurance.) North American Company for Life & Health Insurance's term products are guaranteed renewable to age 95.

  • Ideal for people who have a temporary need for life insurance protection or who need a large amount of coverage, but are on a limited budget.
  • Protects against mortgage obligations.
  • Satisfies the needs of business owners who wish to cover the life of a key employee.
  • Rather than passing outstanding obligations to loved ones, term insurance can be used to pay off balances in the event of the insured's death.
  • Provides the ability to cover other family members.

One of the benefits North American Company for Life & Health Insurance's term insurance provides is the flexibility to exchange your policy for a permanent life insurance policy without having to take a medical exam or provide other information pertaining to your health.

When significant death benefits and low costs are important for shorter term needs, North American Company for Life & Health Insurance is the company of choice. Exceptional rates and value place North American among the industry's term insurance leaders.

 

 

222 South Riverside Plaza,
Chicago,
Illinois 60606

http://www.nacolah.com

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