Midland National Life Insurance, a member company of Illinois-located Sammons Financial Group, Inc., earned accreditation by the Better Business Bureau last month for its quality service, financial strength and life insurance and annuity tools.
“We are very proud to be accredited by the Better Business Bureau (BBB),” said Steve Palmitier, president and chief operating officer of Midland National Life. “For more than 110 years, Midland National has been an industry leader because of our commitment to stability, innovation and dedicated customer service.”
To honor the accreditation and its heritage of trust, Midland National created “Trust Midland National,” a website which details yearly ratings from third-party independent reporting companies. Ratings and accreditations are critical in assessing financial product effectiveness and stability. Criteria varies by association, but ratings generally focus on financial strength, operating performance and the ability to meet obligations to contract holders and policy owners.