- CEO
- Knut Andrew Olson
- Full Time Employees
- 50
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 3750 West Deerfield Road Riverwoods IL United States of America 60015
- IPO Date
- Jan 3, 2019
- Business
- Federal Life Group, Inc. serves as the parent entity for Federal Life Insurance Company, a provider of diverse life insurance and annuity solutions throughout the United States. The organization delivers a range of offerings, including permanent, term, and universal life coverage, alongside various retirement income products. They also feature fixed and indexed annuities, as well as more recent innovations like hybrid indexed universal life policies with long-term care benefits and specialized immediate annuities for later-life care needs. Distribution of these products occurs via a network of independent agents, with certain newer solutions also available through employer and association groups. While the underlying insurance company traces its origins back to 1899, Federal Life Group, Inc. was established in 2018 as a holding company following a conversion to stock form. Headquartered in Riverwoods, Illinois, Federal Life Group, Inc. operates as a subsidiary of Insurance Capital Group, LLC. The company continues to evolve, recently acquiring Texas Service Life Insurance Company in June 2025 to expand its preneed insurance capabilities and maintaining an "A-" (Excellent) financial strength rating from AM Best as of January 2024.