Monday, May 23, 2011

Combinations of Life Insurance

Key Policy Features:

  • Moderate premium and death benefit flexibility.
  • Dividends replace any term insurance with paid-up traditional insurance, but are not guaranteed.
  • Depending on the policy design, coverage for life may be subject to premium increases.
  • Underlying values are invested in Northwestern Mutual’s general account.
When to Use:
  • When you want to be eligible for Northwestern Mutual dividends.  Dividends are not guaranteed and are subject to change by the Board of Trustees.
  • When you want to have the option to change your policy to “paid-up.”
  • When you want premium and/or cash value guarantees.*
  • When you need some policy flexibility.

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