Madison National Life protects those who serve proudly. Our new Independence LifeShield plan can provide you with many years of protection.
The Concept
Independence LifeShield was specifically designed for the servicemember in mind. This plan can provide quick protection with no war or terrorism clause regardless of deployment status or areas of travel. During your military career flexible policy options are available while cash value continues to grow.
The Coverage
Independence LifeShield provides valuable protection during and after military service. "No War Clause" is a part of each policy issued. While minimum premiums are met, coverage may remain in force through age 95.
The Cash Values
Over time your LifeShield policy will develop cash values. You may receive these funds by borrowing from this cash value. Interest accrues on outstanding load amounts and may reduce the life insurance death benefit.
Continuity and Continuation
Independence LifeShield can be used in conjunction with SGLI (Servicemen's Group Life Insurance) during military service. Upon separation or retirement, your plan continues seamlessly into civilian life.
Convenience
When you apply for the LifeShield, a flexible monthly premium is determined to fit your lifestyle and needs. Although government allotment is the preferred premium mode, monthly bank drafts and debit card payments are accepted.
The Company and its Character
MNL, founded in 1956 is a member of the IHC Group which provides strength, vision and stability to over 1 million lives. IHC is a NYSE traded company with combined assets which total over $1.3 billion.