AUSTIN, Texas, Aug. 8, 2018 /PRNewswire/ -- National Western Life Insurance Company (NWLIC) recently received a proclamation from the Office of the Governor of the State of Texas, Greg Abbott, recognizing this past June as Annuity Awareness Month.
"With the help of the National Association for Fixed Annuities and the Governor, National Western Life is pleased to help raise annuity awareness not only in June but all year," said R. Bruce Wallace, CLU, National Western Life's Senior Vice President and Chief Marketing Officer. "Annuities are a valuable and sometimes under used tool to provide guaranteed income in retirement."
The proclamation in part declares, "Annuities provide a safe alternative for individuals who wish to meet immediate, ongoing, and future financial obligations in retirement."
The document has been framed and is prominently displayed in National Western Life's new home office building in Austin, Texas.
About National Western Life:
National Western Life Insurance Company (NWLIC) is a wholly owned subsidiary of National Western Life Group, Inc. (NWLI). Founded in 1956, NWLIC is a stock life insurance company with a broad portfolio of individual universal life, whole life and term insurance plans, as well as annuity products. NWLIC has 286 employees and approximately 31,300 contracted independent agents, brokers, producers, and consultants. At June 30, 2018, National Western Life Group, Inc. maintained consolidated total assets of $12.1 billion, stockholders' equity of $1.8 billion, and life insurance in force of $19.4 billion.
Paul T. Garofoli
Vice President, Head of National Marketing Organization Sales
Phone: 800-760-3434, extension 207
View original content with multimedia:http://www.prnewswire.com/news-releases/texas-recognizes-annuity-awareness-month-300693775.html