Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

National Guardian Life to Add Dental and Vision Business

By Allison Bell

X
Your article was successfully shared with the contacts you provided.

The New York investment firm that helped Federal Life Group Inc. raised capital is now helping National Guardian Life Insurance Company start a dental and vision benefits business.

Insurance Capital Group LLC is backing National Guardian Life’s new BrightBenefits division.

(Related: 9 Federal Life Insurance Company Reboot Facts, for Agents)

Insurance Capital Group helped Riverwoods, Illinois-based Federal Life demutualize and shift to a stock company charter in 2018.

National Guardian Life is a Madison, Wisconsin-based company that may be best known for its preneed insurance products and its EssentialLTC long-term care insurance policy.

The company will use its Commercial Travelers Insurance Company subsidiary to write the dental and vision policies.

Danny Bentley will be the president of BrightBenefits. Bentley previously was the president of Davis Vision. He also has helped Protective Life set up a voluntary dental benefits business.

Federal Life intends to make a “significant equity investment” in the program, once it gets regulatory approval to do so, National Guardian Life said earlier this week.

The Federal Life investment must be approved by the New York Department of Financial Services and the Wisconsin Office of the Insurance Commissioner, National Guardian Life said.

— Read NGL Expands Group Long-Term Care Insurance Service Area, on ThinkAdvisor.

— Connect with ThinkAdvisor Life/Health on Facebook, LinkedIn and Twitter.

Allison Bell

Think_Allison

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.