# Midland National Life Insurance Company

## At a glance

| Field | Value |
| --- | --- |
| Type | Carrier |
| Region | NA |
| Headquarters | Sioux Falls, South Dakota |
| Founded | 1906 |
| Stage | Enterprise |
| Employees | 1,500+ |

## Overview

Midland National Life Insurance Company is a privately held life insurance and annuity carrier founded in 1906 as Dakota Mutual Life Insurance Company, renamed Midland National in 1925. Headquartered in Sioux Falls, South Dakota, and operating as a member of Sammons Financial Group, the company has maintained an AM Best A+ (Superior) rating since 1980. Midland National serves over one million policyholders with term, permanent, and indexed universal life (IUL) insurance as well as fixed and variable annuities. The company distributes through a national network of approximately 60,000 agents and agencies and has paid over USD 747 million in life insurance claims.

## Category & focus

- Insurance verticals: Individual Life, Retirement Income

## Notable customers

- Individual policyholders \(1 million\+ policies in force\)
- Distribution through approximately 60,000 independent agents and agencies across the US

## Links

- Website: <https://www.midlandnational.com>
- Directory profile: <https://insurtechlist.com/companies/midland-national-life-insurance-company/>
- Why choose: <https://www.midlandnational.com/why-choose-midland-national>
- Parent company: <https://www.sammonsfinancialgroup.com/our-member-companies/midland-national>

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*Last updated: 2026\-05\-17*