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Jackson National

Jackson National is not affiliated with, nor does it endorse or sponsor, the contents of this webpage or the TermLifeInsuranceQuotes.com website.

Jackson National Life Insurance Company is a respected and trusted insurance company in the United States. Although Jackson was acquired by the British corporation Prudential plc, the company continues to operate in the U.S. from its headquarters in Lansing, Mich. Jackson National insurance comes in a variety of universal plans and a single, configurable term life insurance plan. Life insurance quotes are available from licensed representatives and independent brokers, including online brokers and independent quoting services.

About Jackson National

Jackson's founding took place in 1961, and the company developed one of the first forms of universal life insurance by 1975. Other life insurance companies would not come out with a universal life insurance policy for another eight years. Jackson National insurance sales reached $8 million by 1978, and only nine years later, in 1987, combined insurance and annuity sales reached the $1 billion mark. This figure doubled to $2 billion by 1989.

Jackson National was converted into a subsidiary National Planning Holdings Inc. in 1998, the same year the company expanded its network to include all 50 states. Except for a slight decline in 2008 due to market instability, Jackson National insurance and annuity sales and deposits have risen each year since 2003.

At the end of 2010, Jackson National reported total assets of $107 billion, stockholder equity of $6.2 billion and net income of $509 million. While most of Jackson National's sales are in annuities, they rank as the 17th largest life insurance company in the U.S. by general account assets and by total assets.

Jackson National is highly rated by all of the major independent insurance ranking agencies. A.M. Best gives Jackson National an A+ rating, Moody an A1 and both Standard & Poor's and Fitch give them an AA.

Jackson National Insurance Policies

Jackson National insurance policies are primarily universal life insurance policies, but their single term life insurance policy is also very popular. This policy is the JNL Protector Term policy. It is an affordable way to protect a family for number of years. Term plans are available for 10, 15 and 20 years. Death benefits can remain constant throughout the policy term or increased. In addition, Jackson National guarantees the policy to be renewable until the insured reached the age of 95, and convertible to a permanent policy at the age of 75 or the completion of the term.

Additional features include a waiver of premium payments in the event of disability, an extra accidental death benefit and a terminal illness benefit.

Jackson National Insurance is a financially secure and reliable life insurance company. Term life insurance quotes are fair and competitive, and policies come with several options.

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