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Kentucky National to acquire Mountain Life
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Kentucky National Insurance Group LLC will acquire 100% of Mountain Life Insurance Co.'s common stock, effective Jan. 1, 2018.
Under the agreement, Mountain Life will continue offering credit life and credit disability insurance in six states throughout the Midwest and South.
Kentucky National's Kentucky Home Life Insurance Co. will continue selling credit life products in Kentucky and will start offering its ordinary life products in the newly acquired states under the Mountain Life name.