UTG

UTG, Inc. operates as an insurance holding company, which engages in the provision of individual life insurance. The company is headquartered in Stanford, Kentucky and currently employs 40 full-time employees. The company went IPO on 2002-01-25. The Company’s principal subsidiary is Universal Guaranty Life Insurance Company (UG). The firm and its primary subsidiary operate through the insurance segment. Its dominant business is individual life insurance, which includes the servicing of existing insurance business in-force, the acquisition of other companies in the insurance business, and the administration processing of life insurance business for other entities. UG’s product portfolio consists of a limited number of life insurance product offerings. All the products are individual life insurance products, with design variations from each other to provide choices for the customer. Its Tradition policy is a fixed premium whole life insurance policy. Its annuity product is a five-year, single premium product. The firm owns a variety of investments associated with the oil and gas industry. Its investment real estate portfolio includes ownership in oil and gas royalties.