Headquarters: 411 W. Chapel Hill St., Durham, NC 27701
www.ncmutuallife.com

Net assets as of 2009: $151.6 million

Key officers: James H. Speed, Jr., President & Chief Executive Officer; Richard L. Hall, Senior Vice President, Chief Operating Officer

The North Carolina Mutual Life Insurance Company offers a variety of coverage options to policyholders in North Carolina, the District of Columbia, and 23 other states. The company’s insurance lines include those for individual and group life and accidental death, pre-need life coverage for funeral-related issues, disability, small group medical, and group dental insurance.  North Carolina Mutual life insurance plans cover over 400,000 policyholders.

Some quick facts about the North Carolina Mutual Life Insurance Company:

North Carolina Mutual is the nation’s oldest and largest African American-managed and owned life insurance company. In 1898, a former slave who learned to read and write in a reconstruction school founded the company after noticing the popularity of southern mutual benefit societies.

The company recently allied with Minnesota Life to expand its product coverage network.

Source: Ncmutuallife.com, hoovers.com

Compiled by Life Quotes, Inc. staff