Oxford Life Insurance Company and Subsidiaries Christian Fidelity Life Insurance Company and North American Insurance Company Announce Upgrades in Financial Strength Ratings

Oxford Life Insurance Company (Oxford Life) (Arizona) has been upgraded by A. M. Best, the world's oldest and most authoritative insurance rating and information source, to B (Fair) from B- (Fair).

Phoenix, AZ (PRWEB) November 3, 2004 -- Oxford Life Insurance Company (Oxford Life) (Arizona) has been upgraded by A. M. Best, the world's oldest and most authoritative insurance rating and information source, to B (Fair) from B- (Fair). The rating increase also applies to Oxford Life subsidiary companies Christian Fidelity Life Insurance Company (Texas) and North American Insurance Company (Wisconsin). The rating outlook for all three companies remains positive.

This upgrade reflects our emphasis on continuing financial security, improved operating results, increased capitalization and reduced risk exposure in our invested asset portfolio." said Mark A. Haydukovich, President of Oxford Life. The two A. M. Best upgrades this year, combined with Oxford Lifes qualification for membership in the Insurance Marketplace Standards Association (IMSA), reflect our commitment and promises to agents and clients of continued financial strength and integrity."

Founded in 1965, Oxford Life Insurance Company specializes in providing life insurance, fixed and equity indexed annuities, and critical illness insurance sold through independent marketing organizations and personal producing general agents. Christian Fidelity Life Insurance Company, a subsidiary of Oxford Life, is a high quality Medicare supplement and final expense life insurance company. Also a subsidiary of Oxford Life, North American Insurance Company markets and administers credit life and disability. A member of the Insurance Marketplace Standards Association (IMSA), the national organization dedicated to promoting high ethical standards in the life insurance marketplace, Oxford Life provides excellent customer service while exemplifying the highest standards of ethics and professional integrity.

Contact: Don C. Smith

Vice President, Marketing

602-418-2952

donsmith@oxfordlife.com

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