Mid-Continent Preferred Life Insurance Company (MPL) is wholly-owned by American Reserve Life Insurance Company. MPL was established in 1909 and is the oldest life insurance company domiciled in the state of Oklahoma. It was purchased by the American Reserve Group in 2002. The Company is headquartered in Dallas, Texas and is licensed in 26 states.
MPL has a strategic relationship with Texas Service Life Insurance Company, located in Austin, Texas. Since 2004, MPL has reinsured pre-need and whole-life insurance business from Texas Service Life Insurance Company. With this steady source of growth MPL now insures over 15,000 lives in the state of Texas. In addition, MPL has acted as a reinsurer for other companies by purchasing blocks of pre-need and whole-life business.
MPL is rated "B" by A.M. Best Company, the most recognized rating agency for the insurance industry.