The company said that these changes will also help business owners address tax planning and retirement savings concerns.
Go deeper with GlobalData
With this Section 79 life insurance product enhancement, business owners who have a need for life insurance can take advantage of the additional cash value that comes from purchasing permanent life insurance in this plan.
National Life Group companies have also strengthened their life insurance riders: giving business owners and consumers more options for protection during their lifetimes.
Commenting on the launch, National Life Group executive vice president of protection, Ruth Smith, said: "Successful business owners are always looking for ways to reward and retain key talent. This Section 79 life insurance product enhancement gives business owners a flexible tool that makes good business sense."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
