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Jackson National Life Insurance Company

Posted by admin in Insurance on 07 5th, 2011 | no responses

Jackson national life insurance company is a subsidiary company of a British company known as prudential PLC. Jackson National life Insurance company can be trusted by people all over the world, as it is a company that is listed in the Fortune 500 financial services. It is a well known company in the United States of America, and it is a local company. It was bought by Prudential PLC in the year 1986 at an amount of $608 million. The company was founded in 1961and the head office for Jackson National Life Insurance Company is in Lancing, Michigan. Jackson National Life Insurance Company operates in forty-nine States and provides policies like other companies.

This company is not as bulky as Aviva, MetLife, and Assurity. However, this company is local and has a friendly environment around people that are work in Jackson National life insurance company. Jackson National Life insurance company is one of those companies that enjoyed profits even in the recession year of 2009. Sales of many annuities increased from $6.5 billion to 10 billion in 2009. That is an increase of $3.5 billion in sales area. Although Jackson National Life insurance company is a small company, the rates and sales did not decrease within the last seven years even in the recession year of 2009. That is an admirable thing as many vital life insurance companies suffered some loss due to the recession that occurred in 2009. Fixed index annuity sales increased from $928 million to $2.2 billion in 2009, as well. It was felt that, in 2009 alone, the company made a substantial gain in the market and had made a tidy profit from the recession. In 2009, the company received many awards and can be ranked fourth in the country as one of the top Life insurance companies in the United States of America for such growth in the company. So people can be sure of having a life insurance policy through Jackson national Life insurance company.

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