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Home > Health Insurance > Life Insurance > Northwestern Mutual Life
Northwestern Mutual Life
Life Insurance is a contract under which a company agrees to pay a stated amount to the beneficiary or beneficiaries named by the insured. Pure or term insurance provides a death benefit but has no current value. Ordinary life insurance and the many variations thereof provide a build-up of current value as well as a death benefit. Credit life insurance covers the balance due upon a loan if it remains outstanding when death occurs.
Since 1857, Northwestern Mutual has been helping people protect against financial risk and achieve financial security. They are a mutual company in pure form and spirit, operated for the benefit of policy owners and clients. The company's tradition of doing the right thing has been pleased and nurtured by successive generations within Northwestern Mutual. Because community service is just one more length of doing the right thing, giving back to their communities is a deeply ingrained principle at Northwestern Mutual. They support nearly 1,500 schools and nonprofit organizations each year.
The Company exists to help policy owners and clients protect against financial risk and achieve financial security. The company, with its subsidiaries and affiliates, offers insurance products, investment products and advisory services that address client needs for financial security and protection, capital accumulation, asset distribution and estate preservation. Northwestern Mutual is the leading direct provider of individual life insurance. Northwestern Mutual receives the highest possible ratings for financial strength from all four major financial ratings agencies. The Company's overall dividend payout to policy owners for 2006 is expected to be 4.27 billion dollars, an increase of 360 million dollars and the largest single increase in company history.
High quality, competitively priced life insurance products, including permanent, term, combination and variable policies. Life insurance policies are designed with different needs in mind. Whether you are looking for temporary protection, estate planning, cash accumulation, or the ability to purchase a variable life insurance policy offered through Northwestern Mutual Investment Services, they have a policy that will provide security and peace of mind.
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