What Kind of Insurance Is Washington National?

What is Washington National?

Washington National is a leading provider of supplemental health and life insurance for middle-income Americans in the worksite and individual markets. Washington National is based in Columbus, Ohio and owned by Chubb Insurance Company of America. Washington National was established in 1917, one year after the Wall Street crash of 1929.

About DCU Economics

DCU Economics is a full-service economic and financial research firm providing customized economic, financial and strategic advice to government entities, business executives and financial institutions. DCU Economics offers information, analysis and forecasts for all 50 states and more than 80 percent of the counties in the United States.

Why should you work with Washington National?

Washington National provides the highest level of customer service and guarantees the highest level of product, all backed by industry-leading financial strength. If you have any questions about the supplemental health and life insurance coverage available from Washington National,  visit the company’s website at http://washingtonnational.com/.

About the Agency

Established in 1979, Whitefish Insurance Group is an independent agency that is a leader in the disability industry serving low- to moderate-income workers in the California and Washington, DC markets. Based in Whitefish, Montana, the firm has annual revenues of approximately $190 million and is licensed in 48 states. The agency is 100 percent owned by its policyholders.

Why should you buy life insurance?

Life insurance can provide the financial resources needed to support critical family members during the most vulnerable times in life.

Life insurance can provide the financial resources needed to support critical family members during the most vulnerable times in life. Life insurance can provide funds to secure the financial well-being of elderly relatives, children or grandchildren through a “portability” clause.

What does “portability” mean?

The portability clause allows the insured to have his or her policy transferred to another person or entity upon the insured’s death. This is commonly referred to as a “phantom life insurance” policy.

Does life insurance pay out a death benefit?

No. The best way to purchase life insurance is to use a life insurance quotation.

What are the benefits of working with Washington National?

Washington National provides people with life, disability, accident, critical illness and long-term care insurance. Washington National has low premiums with no hidden costs, high financial strength and a diverse distribution network in all 50 states. Also, Washington National has a great reputation and track record of more than 100 years.

How is Washington National different than other companies in the supplemental health and life insurance industry?

Washington National, like other health and life insurance companies, conducts extensive examinations of prospective insurance applicants. Washington National is rated “A” (Superior) by the NAIC, and it offers a free member service and dedicated, real people dedicated to serving each customer, including your local agent.


In a world of competition between major insurers, the 20-year holding company-owned history of Washington National should be evidence that this small player has a strong competitive advantage. In addition, its fantastic financials and solid long-term growth prospects warrant a buy recommendation.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: The information contained herein is for informational purposes only.

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