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2005 4.9 Satisfied (41 Votes)
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Case Overview Plaintiffs alleged that Midland National knowingly sold deferred annuity products to senior citizens that would not mature until after the annuitants life expectancy sometimes as late as 110 years old. The case was settled for approximately $80 million, benefitting more than 70,000 senior citizens.
For costs and complete details, refer to the policy or call or write Midland National Life Insurance Company, One Sammons Plaza, Sioux Falls, SD 57193. Telephone: 800-923-3223.
Sammons Financial Network, LLC., Midland National Life Insurance Company and Sammons Institutional Group, Inc., are wholly owned subsidiaries of Sammons Financial Group, Inc.
If you have questions on your available options, please call us toll-free at 800-733-2524. We are available Monday through Thursday from 7:30 am to 5:00 pm, CST and Friday from 7:30 am to 12:30 pm. If you have submitted the final requirement for a Claim, our processing goal is 10 calendar days.
Sammons Financial Group, Inc. Midland National Life Insurance Company / Parent organization
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With Midland National, you arent just buying a life insurance or an annuity product, youre buying a commitment to you and your family. Third-party rating agencies consistently recognize Midland National with A+ ratings.
A+ (Stable) Rated by Fitch Ratings. Fitch Ratings, a global leader in financial information services and credit ratings, on December 7, 2022, assigned an Insurer Financial Strength rating of A+ Stable for Midland National. This rating is the fifth highest of 19 possible rating categories.
How do I file a life insurance claim? Get several copies of the death certificate. Call your insurance agent. He or she can help you fill out the necessary forms and act as an intermediary with the insurance company. Submit a certified copy of the death certificate from the funeral director with the policy claim.

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