Founded in 1961, Madison National Life is an insurance agency and is involved in several lines of life, health and disability business. It offers specialized life and annuity products to military and government personnel and acquisitions of closed blocks of business. The agency provides financial coverage for family, accidental deaths, dismemberments, and voluntary and self-funded products. Madison National Life also offers underwriting, marketing and administrative services for stop-loss policies issued to self-funded insurance programs. The agency additionally provides online file transfer services. It is a subsidiary of Independence Holding Company and is affiliated with Standard Security Life Insurance Company of New York and American Independence Corporation.