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Shenandoah Life Insurance Company

Shenandoah Life Insurance Company was founded in 1914, in Roanoke, VA, and sold their first insurance policy in 1916. They are a mutual company, owned by policyholders, not stockholders. Licensed in 31 states and the District of Columbia, they market individual life and annuity products and group non-medical products to various markets - most notably senior citizens, small families and businesses.

At Shenandoah Life, the focus is on meeting the needs of our customers and protecting their quality of life. They strive to deliver competitive products, carefully monitor our expense levels, and above all maintain a commitment to providing excellent customer service.

Sound financial results and growth are both important indications of a company's success. For Shenandoah Life, 2007 was a very strong year. Total 2007 revenue was $281.1 million. The operating gain before income taxes was $19.1 million, the second highest in the history of the Company. Net investment income increased three percent to $83.0 million, and both the yield and the credit quality of the investment portfolio remained very strong throughout 2007.

 

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