Fidelity Life vs National Life Group

Alice Stevens
Alice Stevens | Senior Editor

High financial strength ratings and industry experience are important indicators of trustworthy and financially stable life insurers. Both Fidelity Life and National Life Group have high financial strength ratings and long industry experience. National Life Group stands out for its universal life insurance options, while Fidelity Life stands out for its rider selection and offering of final expense insurance.

Fidelity Life logo verified_user
#17 Fidelity Life
6.3 Overall Score
2.9
star star star star_border star_border
(32)
National Life Group logo verified_user
#8 National Life Group
8.4 Overall Score
2.8
star star star star_border star_border
(32)

Overview

Fidelity Life

Financial Strength

A- (A.M. Best)

Term Policies

Yes

Whole Policies

Yes

Universal Policies

Undisclosed

Final Expense Policies

Yes

Time in Business

125 Years

National Life Group

A (A.M. Best)

Yes

Yes

Yes

Undisclosed

173 Years

Ratings

Fidelity Life

Overall Score
6.3 of 10
Review Score
2.9
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Value for Money
3.4
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Quality of Product or Service
3.2
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Company Trustworthiness
3.3
star star star star_half star_border
Likely to Recommend
5.5 of 10

National Life Group

8.4 of 10
2.8
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3.1
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3.0
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3.1
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4.7 of 10

Reviews

Fidelity Life

Number of Reviews
32
Review Breakdown
2.9
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5 star
31%
4 star
16%
3 star
9%
2 star
0%
1 star
44%

National Life Group

32
2.8
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5 star
44%
4 star
0%
3 star
0%
2 star
3%
1 star
53%

Reviews for Fidelity Life

Helpful Favorable Review

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Review Source

star star star star star

Sarah Biondo Phoenix, AZ

My husband and I both have fidelity life insurance and have had it for nearly a decade. It's affordable and we have not had any issues. We have an ACH come out every month for less than $50 for each policy and when we first got it my husband needed to get a blood test in order to get the coverage and they came right to our house, which was really convenient.

2 months ago

Helpful Critical Review

star star_border star_border star_border star_border

Deedee Cowansville, PA

My Dad signed on for 10 yr term life. His payment was 40.00 a month once the 10 year term was up and since he wasn't dead yet it went to 400.00 a month. Which he couldn't afford. So he was out his money and then died a year later with no coverage. Don't get term life it doesn't hold cash value and then they make payments unaffordable to continue coverage if needed.

2 years ago

Reviews for National Life Group

Helpful Favorable Review

star star star star star

flynn joseph uy Marina del Rey, CA

This company is great! Lots of living benefits/riders (lots of qualifying events)/GILR/ etc.. There are reasons why this company has been around for more than 170 years! The financial ratings of the company are great! This is one of the insurance companies I would put my money in and even invest. We can't always blame the carrier and/or agents if client(s) have bad intentions. All I am saying is that investigate all angles and not to always pointing fingers to the insurance carrier.

3 weeks ago

Helpful Critical Review

star star_border star_border star_border star_border

Svetlana Daily Minneapolis, MN

This is the worst company ever. You are not able to pay on your insurance plan anymore and they steal your money in the first year you stop . Yes car insurance are a rip off, but this company is the worst ever. I would never recommend them to anyone.

1 month ago

The Final Word

Fidelity Life offers term, whole, and final expense insurance. Its whole life insurance is designed for seniors. It also has a term life insurance policy designed for seniors. These offerings, including final expense insurance, make Fidelity Life a good insurer for seniors.

Fidelity Life also has a nice rider selection. Riders can add coverage or protect your life insurance policy. Some riders are not available with each type of policy. Fidelity Life's riders include accidental death benefit, accelerated death benefit for terminal illness, and an inflation rider. The inflation rider makes Fidelity Life stand out. This rider protects the value of your policy by adjusting for inflation.

In contrast to Fidelity Life, National Life Group offers a few more policy options and offers less information online about its riders. National Life Group offers whole, universal, indexed universal, variable universal, and term life insurance. Whatever kind of life insurance policy you're looking for, you'll be able to find a good fit from National Life Group.

While National Life Group's website is sparse when it comes to information on rider options, it does offer a living benefits rider. Living benefits allow you to receive part of your policy's death benefit under certain circumstances outlined in the policy. National Life Group's website lists examples of these circumstances: some terminal illnesses, chronic illnesses, critical illnesses, and critical injuries.

As you consider working with National Life Group, be aware that it is currently part of a class action lawsuit for alleged participation in a pyramid scheme with Premier Financial Group. Learn more about the case and watch for any red flags while working with National Life Group representatives.

Both National Life Group and Fidelity Life are financially stable insurers. Fidelity Life is especially great for seniors shopping for life insurance because it offers policies designed around their needs. It also has a good selection of policy riders. National Life Group is better for people interested in a universal life insurance policy. Whichever company you lean towards, read customer reviews to learn more about the client experience with these companies.

Top Choice

National Life Group Logo
National Life Group

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