Madison National Life Insurance Company, Inc. (MNL) |  Madison National Life Insurance Company, Inc. is a member of the IHC Group, an insurance organization composed of Independence Holding Company (NYSE: IHC) and its operating subsidiaries. The company was founded in 1961, and is headquartered in Madison Wisconsin, with operations in Austin, Texas, and Birmingham, Alabama. It is licensed in 49 states, the District of Columbia, and the Virgin Islands, and is an authorized reinsurer in the State of New York. Madison National Life is rated “A-“ (Excellent) by A.M. Best. Madison National Life is involved in several lines of life, health and disability business including:
• Group Long-Term Disability and Group Term Life products sold to school districts and municipalities, primarily in the Midwest;
• Small Group Major Medical (2-50 lives) in many states;
• Employer Medical Stop-Loss nationally;
• Credit Life and Disability nationally;
• Military and Civilian Government Employee Life, Health and Annuity products nationally;
• Individual major medical
• Dental Benefits
• Student Accident Insurance
• Short-Term Medical
Additionally, Madison National Life is a leading acquirer of blocks of policies from other insurance companies and state insurance guaranty associations.
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