National Western Life Insurance Company (NWLIC), a US-based life insurance company, has introduced a set of two new fixed-indexed annuities – NWL Core Dynamic and the NWL Pro Dynamic.
The two annuities are considered as the Dynamic series, offering both fixed rate and fixed indexed-linked interest and several optional guaranteed withdrawal benefit riders.
National Western Life Insurance Company senior vice president and chief marketing officerR. Bruce Wallace said: “The Dynamic series combines the best of all worlds the Company has to offer.
“Protection of premium outlay is paramount, but there are a number of additional features that will be valuable to policyholders.”
NWL Core Dynamic and the NWL Pro Dynamic can be purchased through National Western Life’s network of independent distributors and advisors.
Established in 1956, NWLIC operates as a wholly owned subsidiary of National Western Life Group. The company offers a range of individual universal life, whole life, and term insurance plans, in addition to annuity products.
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National Western Life Group had consolidated total assets of $12.1bn, stockholders’ equity of $1.8bn, and life insurance in force of $19.9bn as of 31 December 2017.