Addison, TX – May 17, 2013 — In light of increasing threats to school campuses across the country, National Life Group, through its member company Life Insurance Company of the Southwest, has implemented a comprehensive agent vetting and certification process to help build confidence within the school districts in which it does business.
“As a company, it was just the right thing for us to do,” says Wade H. Mayo, Head of the Retirement Division. “Our vision is to bring peace of mind to everyone we touch, and we need to access school campuses in order to provide retirement solutions to our nation’s educators. By thoroughly vetting and training the agents who represent us, we try our best to offer school districts peace of mind. It lets our customers know we take their needs seriously and do what it takes to be a great business partner.”
The Company already had a detailed agent training program in place for those who work in the 403(b)/457(b) market. It recently increased the agent vetting process and incorporated comprehensive, on-going background checks to its standard on-boarding procedures. Additionally, it has redesigned its agent certification program to include thorough on campus procedural training, ethics, and behavioral training on top of detailed training on 403(b)/457(b) plan fundamentals.
Upon successful completion of this process, agents who represent National Life Group will receive a photo identification badge, which will need to be renewed and reissued on an annual basis.
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National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest (LSW), Addison, TX and their affiliates. Each company of NLGroup is solely responsible for its own financial condition and contractual obligations. LSW is not an authorized insurer in New York and does not conduct insurance business in New York.
Life Insurance Company of the Southwest, was chartered in 1955 in Dallas, TX; and is a wholly owned subsidiary of National Life Insurance Company. The Company is an industry leader in providing excellent products and solutions for the protection and retirement markets. The company serves nearly 7,000 school districts and employers in the 403(b) and 457(b) markets, and is a leading provider of single premium and flexible premium annuities, as well as traditional IRAs, Roth IRAs, and innovative guaranteed lifetime income riders. In the life insurance market, the Company offers universal life, indexed universal life, and term insurance. The Company promotes outstanding sales and suitability practices and works with agents and financial professionals who value doing business the right way by putting the needs of our policyholders first. Life Insurance Company of the Southwest is licensed to solicit business in all states except New York. For more information about National Life Group and its member company Life Insurance Company of the Southwest, please visit www.nationallifegroup.com