Nationwide vs National Life Group

Alice Stevens
Alice Stevens | Senior Editor

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.

National Life Group logo verified_user
#8 National Life Group
8.2 Overall Score
2.8
star star star star_border star_border
(30)

Overview

Nationwide

Financial Strength

A+ (A.M. Best)

Term Policies

Yes

Whole Policies

Yes

Universal Policies

Yes

Final Expense Policies

Undisclosed

Time in Business

95 Years

National Life Group

A (A.M. Best)

Yes

Yes

Yes

Undisclosed

173 Years

Ratings

Nationwide

Overall Score
4.6 of 10
Review Score
3.8
star star star star star_border
Value for Money
3.9
star star star star star_border
Quality of Product or Service
3.9
star star star star star_border
Company Trustworthiness
3.9
star star star star star_border
Likely to Recommend
7.5 of 10

National Life Group

8.2 of 10
2.8
star star star star_border star_border
3.1
star star star star_border star_border
3.0
star star star star_border star_border
3.0
star star star star_border star_border
4.5 of 10

Reviews

Nationwide

Number of Reviews
8
Review Breakdown
3.8
star star star star star_border
5 star
25%
4 star
50%
3 star
13%
2 star
0%
1 star
13%

National Life Group

30
2.8
star star star star_border star_border
5 star
43%
4 star
0%
3 star
0%
2 star
3%
1 star
53%

Reviews for Nationwide

Helpful Favorable Review

check_circle

Review Source

star star star star star

Carolyn Hazleton, PA

I have been a customer of nationwide for over 20 years and I love how family oriented they have become. From car to home to life insurance the whole team worked with us to resolve our issues concerns and questions in such a short time frame.

1 month ago

Helpful Critical Review

star star_border star_border star_border star_border

Courtney Sachse, TX

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!

2 years ago

Reviews for National Life Group

Helpful Favorable Review

star star star star star

happyclient Ensanche Ozama, 01

I was able to obtain a life insurance with benefits that I could in case I get sick (critical or chronic) or if I were to die at no additional cost. When I compared similar products with other companies, these benefits were additional and kept increasing the price of the policy. Overall very good value and have good experience with customer service.

5 months ago

Helpful Critical Review

star star_border star_border star_border star_border

Jim Cumming, GA

I would stay away from this company just due to their lack of customer service. Signed up for a policy 9 years ago and never heard from my "agent" again in all this time. Each time I have called to speak with someone about my policy the hold times were over 30 minutes long and then they did not seem to have the information needed to answer my questions.

3 days ago

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 Logo
National Life Group

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