The Story Behind Pillar Life
Read about Pillar’s history, company FAQs, and why we’re the go-to for competitive MYGA products.
Our History
Pillar Life Insurance has gone through an exciting evolution since its founding in 1957. Originally named Continental Life Insurance, the company was rebranded as Pillar Life Insurance in 2021 and restructured to focus solely on selling easy to understand insurance and annuity products directly to consumers with no middleman. Pillar Life is an insurance company and not an agency, which allows us to pass the savings onto you, since we do not have any agents.
While Pillar Life Insurance is a relatively new brand, it also draws on decades of experience through its partnership with sister-company, Wichita National Life Insurance. Also established in 1957, Wichita National Life Insurance provides the operational infrastructure and industry expertise that allows Pillar Life to concentrate on connecting with customers and offering innovative products.
The first product that Pillar Life Insurance brought to market is multi-year guaranteed annuities (MYGA). MYGA products provide guaranteed interest rates for a set period of time with the option to withdraw funds, roll over, or convert to an annuity at the end of the period.
As Pillar Life Insurance continues to grow and serve more people, we remain committed to our mission: help people secure their financial future by offering products that guarantee growth. With our strong foundations and customer-focused approach, Pillar will continue to provide stability into the future just like the pillars it takes its name from.