Some coverages, discounts and features may not be available in all states. All financial products, shopping products and services are presented without warranty. Cash value access and partial surrenders. Term life insurance provides death benefits if the policyholder dies during the coverage term, but does not provide benefits after the term ends. Eligible customers can receive dividends. The minimum death benefit is $25,000, but you should be able to get as much coverage as you need. Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company and its subsidiaries. Power customer satisfaction survey. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Find the Best Life Insurance Plan for You. Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM) (life and disability insurance, annuities, and life insurance … These policies feature tax-deferred cash value that can be accessed during the insured's lifetime. Northwestern Mutual financial advisors can help you determine if the products and riders you are considering are available in your state. If you are contemplating suicide, help is available. When judging a life insurance carrier's overall offerings we look at the main factors of financial strength, customer experience, policy options, and policy flexibility.. As two of the largest, well-known, and oldest financial firms in the world, Northwestern Mutual and New York Life … The Custom Universal Life Accumulator policy offers flexibility in premium payment amounts and frequency. Not all products are available in all states. Additional benefits available through Northwestern Mutual’s various whole and universal life policies include accessible tax-deferred cash value and different options for guaranteed growth. This may influence which products we write about and where and how the product appears on a page. The financial benefit is a tax-free death benefit paid to the beneficiaries. More information about our 360 Reviews methodology for evaluating life insurance companies is here. Get free quotes and compare life insurance policies without your contact information. After the application and exam results are received, the application is sent to the underwriting team, who might have more questions for you to help determine your risk factors and come up with the amount you will pay for the coverage you want. Company financial advisors need to begin the process. Policy loan interest fees are also billed annually. Search for other Insurance … Northwestern Mutual’s life insurance policies all include tax-free death benefits. Northwestern Mutual earned a 3.5 out of 5-star rating in our annual review of Best Life Insurance Companies. Get instant quotes for term life insurance. The Northwestern Mutual Life Insurance company offers a variety of life insurance policies. Northwestern Mutual Life Insurance Policy Details. Single Premium Universal Life Permanent Universal Life. There are also riders available for most policy types to customize coverage. This content is not, and should not be considered to be, a recommendation of life insurance products generally or an endorsement of a particular insurer or product. *Any rates listed are for illustrative purposes only. When evaluating offers, please review the financial institution’s Terms and Conditions. Northwestern Mutual ranks 102 on the 2020 FORTUNE 500 and is recognized by FORTUNE ® as one of the "World's Most Admired" life insurance companies in 2020. The company’s term and universal life insurance options give customers flexible payment and coverage choices. Term life. See reviews, photos, directions, phone numbers and more for Northwestern Mutual Life Insurance locations in … Northwestern Mutual can combine term and permanent policies. As mentioned, NW Mutual is a great company with a top tier financial rating. 1 overall Best Life Insurance Company in our rating. Then we provide an unbiased evaluation of the life insurance companies our research determined consumers, experts and professional reviewers searched for most frequently. Northwestern Mutual is one of the oldest, largest, and best-rated life insurance companies around. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. It’s the most affordable way to get a … In general, life insurance companies are bound by state laws regarding payment for suicidal death. Northwestern Mutual is an excellent option for life insurance. Term life insurance policies can have level payments that don’t change over the length or your term, or premiums that start low and increase each year. Northwestern Mutual offers term, whole and universal life insurance policies. Northwestern Mutual Life offers life, long term care and disability insurance and annuities. Northwestern Mutual specifies that this loan is actually a loan from Northwestern Mutual with the policy value held as collateral.