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Seven Life Insurance Companies Renew Membership in IMSA, Ethical Standards-Setting Organization

Seven distinguished companies have qualified to renew their membership in the Insurance Marketplace Standards Association (IMSA), the national organization dedicated to promoting high ethical standards in the marketing, selling and servicing of individually sold life insurance, annuities and long-term care insurance.

IMSA Executive Director Brian Atchinson commended the following companies for completing the rigorous, independent review of their marketing, sales and compliance practices required every three years to qualify for renewed IMSA membership:

--  American Heritage Life Insurance Company (Allstate
     Workplace Division), Jacksonville, FL;

--  Farm Family Life Insurance Company, Albany, NY;

--  Manulife Financial companies including
    -- John Hancock Life Insurance Company, Boston, MA; and
    -- John Hancock Variable Life Insurance Company, Boston, MA;

--  Sammons Financial Group companies including
    -- Midland National Life Insurance Company, Sioux Falls, SD
        (Executive Office); and
    -- North American Company for Life and Heath Insurance,
        Chicago, IL; and,

--  Union Central Life Insurance Company, Cincinnati, OH.

"IMSA qualification isn't just a snapshot in time -- it's a demonstration of an ongoing commitment to high standards of ethical business practices and fair and honest service to customers," Atchinson said. "We applaud these companies for their dedication to IMSA's standards and their continuing efforts to safeguard the consumer."

IMSA is a voluntary, nonprofit organization created to promote consumer protection and service through high ethical standards in the life insurance, long-term care insurance and annuity products industry. IMSA-qualified companies represent nearly 60 percent of the individually sold life insurance, long-term care insurance, and annuity products written in the United States. These companies commit to maintaining high ethical standards and to being fair, honest, and open in the way they advertise, sell and service their products. An important credential only a select number of insurers have attained, the IMSA seal is a guidepost of excellence and integrity for consumers. The IMSA website is www.IMSAethics.org.

Distributed by Market Wire