1. Nationwide vs National Life Group

Nationwide vs National Life Group

If you're choosing between Nationwide and National Life Group, you're choosing between two good insurers. Both have demonstrated financial stability by standing the test of time and earning high financial strength ratings. Financial stability is one of the most important parts of choosing an insurer because you don't want your beneficiaries to have difficulty receiving a payout.

The biggest differences between the two insurers are their policy offerings, information provided on available riders, and the ability to get an online quote.

Nationwide logo
#19 Nationwide
4.8 Overall Score
3.7
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(6)
National Life Group logo verified_user
#9 National Life Group
7.3 Overall Score
2.8
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(19)

Overview

Nationwide

National Life Group

Monthly Premium
Monthly Premium
$21.81*
Undisclosed
Policy Types
Policy Types
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Term
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Whole
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Universal
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Variable
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Term
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Whole
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Universal
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Variable
Coverage
Coverage
48
50 states
Time In Business
Time In Business
94 Years
172 Years

Ratings

Nationwide

National Life Group

Overall Score
Overall Score
4.8 of 10
7.3 of 10
Review Score
Review Score
3.7
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2.8
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Value for Money
Value for Money
3.7
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2.9
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Quality of Product or Service
Quality of Product or Service
3.8
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2.9
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Customer Service
Customer Service
3.7
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2.7
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Company Trustworthiness
Company Trustworthiness
3.7
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2.8
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Likely to Recommend
Likely to Recommend
7.2 of 10
4.3 of 10

Reviews

Nationwide

National Life Group

Number of Reviews
Number of Reviews
6
19
Review Breakdown
Review Breakdown
3.7
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5 star
17%
4 star
67%
3 star
0%
2 star
0%
1 star
17%
2.8
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5 star
42%
4 star
0%
3 star
0%
2 star
5%
1 star
53%

Reviews for Nationwide

Helpful Favorable Review

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Kaitlyn Rios

August 15th, 2020 Ogden, UT DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
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Company trustworthiness
starstarstarstarstar

I have a small term life insurance policy that is with Nationwide. I like it because it doesn't cost that much and affords protection against any tragedy. I like that for so little, it provides my family with a nice benefit should something go wrong.


Helpful Critical Review

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Courtney

August 15th, 2020 Sachse, TX DETAILS arrow_drop_down
Value for your money
starstarstar_borderstar_borderstar_border
Quality of product or service
starstar_borderstar_borderstar_borderstar_border
Customer service
starstar_borderstar_borderstar_borderstar_border
Company trustworthiness
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Their agents are unreliable! All this company cares about is making money and not about your actual retention or customer service. They don't even care if you supply all the documents that you need for your discounts to stay on, they don't upload them and then next thing you know they're removed!!! Nationwide is a joke of an insurance company! Save your time and frustration and go with someone else, you'll be glad you did!


Reviews for National Life Group

Helpful Favorable Review

starstarstarstarstar

Karol

August 15th, 2020 Virginia Beach, VA DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

They have been the best life insurance company that I've ever dealt with (and I've dealt with 4 others throughout my life). Their living benefits are amazing and I actually have had friends who've had to utilize them throughout their life. I asked about the alleged "class action law suit" and this is inaccurate information. It's the internet, so it must be true, not exactly. After getting the facts I'm was 100% comfortable going with this company and sleep easy knowing I'm protected should I need it for a critical, chronic or terminal illness or of course upon death.


Helpful Critical Review

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Inthemedicalprofession

August 15th, 2020

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

Nationwide offers term, universal, and whole life insurance. Its universal policy options include indexed, variable, and guaranteed policies. These policies have different investment options for growing the policy's cash value. You can also purchase a survivorship universal policy that insures two people. The death benefit is typically paid out after both of the insured individuals pass away.

Nationwide's whole life insurance policies have two payment options: you can pay for the entire policy in 20 years or make level premium payments until you turn 100. This flexibility allows you to find a payment option that best fits your budget and financial obligations.

Nationwide also offers good rider options that people can add to their policy for more protection or coverage. Not all riders are available with every kind of policy. Nationwide's riders include an accidental death benefit, a disability premium waiver, and an accelerated death benefit. The ability to customize your policy with riders to get the kind of coverage and protection you need is a benefit of working with Nationwide.

Another benefit of working with Nationwide is that you can get quotes for each type of policy online. This convenience is nice for people starting to research and price out policies.

National Life Group also has a good selection of life insurance policies. It offers whole, universal, indexed universal, variable universal, and term life insurance. Whether you are looking for a permanent or term life insurance policy, you can find a good option from National Life Group. If you are interested in a survivorship policy, you'll want to work with a different insurer like Nationwide.

National Life Group also offers an accelerated death benefit rider. This allows you to receive part of the death benefit early under certain circumstances outlined in your policy, including terminal illness, chronic illness, and critical injury. This rider is nice because it makes your life insurance policy a resource to help pay unexpected medical expenses. Information on additional rider options is difficult to find on National Life Group's website.

As you consider working with National Life Group, keep in mind that it is part of a class action lawsuit for alleged involvement in a pyramid scheme with Premier Financial Group. While National Life Group's policies were being sold by Premier Financial Group, you should learn more about the case and be mindful of sales tactics when working with representatives. 

Both insurers are financially stable and have a good selection of life insurance policies. Nationwide stands out for offering online quotes, good information online regarding policies and rider options, and for offering survivorship policies. National Life Group also has good permanent and term life insurance options and has more industry experience.

top choice

National Life Group
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