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Take control of your financial and health care future


The company was incorporated in 1924 and current management took over in 1989.  Throughout its history, the New Era family of companies has provided quality, affordable insurance and financial products highlighted by outstanding customer service. 


Our Companies Include

  • New Era Life Insurance Company
  • Philadelphia American Life Insurance Company
  • New Era Life Insurance Company of the Midwest

Each of these companies has sole responsibility

 for the products they issue.



A.M. Best Financial Rating

New Era is in the A.M. Best "Secure" group of insurance companies with a current rating of B++ (Good).  A.M. Best is the leading provider of ratings for the insurance industry.  Their ratings are recognized as the benchmark for assessing the financial strength of insurance organizations. 

A.M. Best Upgrades Credit Ratings of New Era Life Insurance Company and Its Subsidiaries

OLDWICK - MAY 11, 2017
A.M. Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of New Era Life Insurance Company and its wholly owned life insurance subsidiaries, New Era Life Insurance Company of the Midwest and Philadelphia American Life Insurance Company, together known as the New Era Group. All companies are domiciled in Houston, TX.

Please visit our Products page to learn more about us.  You can also contact your agent or call us at 800.552.7879.