Financial Strength

A Proud History of Strength and Success

Midland National® was founded in 1906 under the name of Dakota Mutual Life Insurance Company. The Company grew steadily during the early years, even as it faced the economic challenges of World War I, the Great Depression and World War II. In 1925, the company assumed its current name - Midland National Life Insurance Company. In 2006, Midland National celebrated its 100th year of providing quality service, financial strength, and life insurance and annuity products that are proven performers. With its continued emphasis on providing quality products and excellent service, the Company looks forward to celebrating many more milestones in the years to come.

Our Commitment to Continued Growth 

Two major corporate objectives guide operations at Midland National. One is to be a provider of affordable life insurance and annuity products by keeping administrative costs low and maintaining a high-quality investment portfolio. The second objective is to remain a leader in developing new and innovative products that meet consumer needs throughout the ever-changing insurance industry and economic environment.
View our fact sheet  pdf (2.74 MB)

Midland National by the Numbers*
  • More than 1,094,000 Life insurance and annuity policies held
  • More than $56.5 billion in assets
  • 96% of our bond investments are investment grade according to the NAIC Quality Rating
  • $156.0 billion life insurance in force
*As of December 31, 2017
© 2020 Copyright. Sammons® Financial Group, Inc. All rights reserved. Sammons FinancialSM and Sammons® Financial Group are marketing names for Sammons Financial Group, Inc.'s member companies, including Midland National® Life Insurance Company, North American Company for Life and Health Insurance®, and Sammons Institutional Group®, Inc. Annuities and life insurance are issued by, and product guarantees are solely the responsibility of the underwriting company.