1. Fidelity Life vs National Life Group

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
#15 Fidelity Life
5.9 Overall Score
2.7
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(27)
National Life Group logo verified_user
#8 National Life Group
8.1 Overall Score
3
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(23)

Overview

Fidelity Life

National Life Group

Financial Strength
Financial Strength
A- (A.M. Best)
A (A.M. Best)
Term Policies
Term Policies
Yes
Yes
Whole Policies
Whole Policies
Yes
Yes
Universal Policies
Universal Policies
Undisclosed
Yes
Final Expense Policies
Final Expense Policies
Yes
Undisclosed
Time In Business
Time In Business
125 Years
173 Years

Ratings

Fidelity Life

National Life Group

Overall Score
Overall Score
5.9 of 10
8.1 of 10
Review Score
Review Score
2.7
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3.0
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Value for Money
Value for Money
3.2
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3.2
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Quality of Product or Service
Quality of Product or Service
3.0
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3.1
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Customer Service
Customer Service
3.1
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3.0
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Company Trustworthiness
Company Trustworthiness
3.1
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3.0
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Likely to Recommend
Likely to Recommend
4.8 of 10
4.9 of 10

Reviews

Fidelity Life

National Life Group

Number of Reviews
Number of Reviews
27
23
Review Breakdown
Review Breakdown
2.7
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5 star
26%
4 star
15%
3 star
7%
2 star
0%
1 star
52%
3.0
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5 star
48%
4 star
0%
3 star
0%
2 star
4%
1 star
48%

Reviews for Fidelity Life

Helpful Favorable Review

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Stephanie Love

March 2nd, 2021 Herriman, UT DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

I currently have fidelity for my life insurance. It was super easy to set up. I talked to someone for about 20-30 minutes and they got everything set up for me. No medica exam needed and they gave an awesome rate. They answered all my questions and set everything out to me in a hard copy for my records. I feel comfortable knowing that my loved ones will be taken care of if some unfortunate thing ever happens to me.


Helpful Critical Review

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Deedee

March 2nd, 2021 Cowansville, PA DETAILS arrow_drop_down
Value for your money
starstar_borderstar_borderstar_borderstar_border
Quality of product or service
starstar_borderstar_borderstar_borderstar_border
Customer service
starstar_borderstar_borderstar_borderstar_border
Company trustworthiness
starstar_borderstar_borderstar_borderstar_border

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.


Reviews for National Life Group

Helpful Favorable Review

starstarstarstarstar

Rickson Amorim

March 2nd, 2021 Boca Raton, FL DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

I have been a client for about for years now and I’m extremely happy. In 2019 I had a sudden cardiac arrest and I was in coma for 4 days. Fortunately I have survived this event, but National Life Group allowed me to accelerate $257K from my policy and helped a lot during those difficult times. I am proud to be their client and I do recommend Living Benefits to everybody.


Helpful Critical Review

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Inthemedicalprofession

March 2nd, 2021

We just got a medical records request from Tweedy Claims on behalf of National Life. Now why would a life insurance company want to see a bunch of medical records on someone who has died? She's dead. Pay her husband her life insurance. Plus the deceased was never a patient at our clinic. So it looks like they are just throwing out a wide net, fishing to see if they can find anything medical that would disqualify the patient for life insurance after her death. Wow. So sketchy.


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
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