Protect the life you love.

You've worked hard to build a life you enjoy with the people you love, now it's time to protect it all. But it can be tough to know how much, or what type of life insurance you need. And life insurance can be more than a safety net. Depending on the type you get, it can be the foundation for a sound financial plan. At Northwestern Mutual, our recommendations are based on your priorities and what you can afford—so you get only the life insurance you need, and nothing you don't.

  • Term life

    Term life

    A lot of people start off with term life insurance because it's the most affordable. It covers you for a set amount of time, and once that term ends, so does your policy.

    More about term life More about term life
  • Whole life

    Whole life

    Whole life insurance covers you for your whole life,1 and comes with a cash value you can use to help with things like paying for your kids' college, upgrading your home, or living well in retirement.2

    More about whole life More about whole life
  • Universal life

    Universal life

    Universal Life also covers you for your whole life,1 but gives you more flexibility – letting you adjust premium payments and schedules to fit your life and budget, while still giving you benefits you can use during your life.2

    More about universal life More about universal life
Term Whole Universal

Financial benefits for your loved ones

Term checkmark Whole checkmark Universal checkmark

Insurance protection for your entire lifetime (unless you cancel or stop paying your premiums)

Yellow, Whole checkmark Yellow, Universal checkmark

Premiums that are guaranteed to never increase

Yellow, Term checkmark * Yellow, Whole checkmark **

Cash value that grows over time (taxes deferred)

Yellow, Whole checkmark Yellow, Universal checkmark

The opportunity to earn dividends5 (payouts to policyholders)

Yellow, Term checkmark Yellow, Whole checkmark Yellow, Universal checkmark

Cash value that can be used at any time and for any reason during your lifetime

Yellow, Whole checkmark Yellow, Universal checkmark

Lower premiums at the beginning of your policy

Yellow, Term checkmark

Flexibility to change the amount of life insurance protection you want (within limits)

Yellow, Universal checkmark

Ability to control the amount and frequency of your payments (subject to policy minimums)

Yellow, Universal checkmark

*Level premium term policies provide a level premium for the life of the policy, however not all policies have guaranteed level premiums.
**Certain product designs combine term insurance and whole life insurance, and may be subject to premium increases.

  • Term

    • Yellow, Term checkmark Financial benefits for loved ones
    • Yellow, Term checkmark Premiums that are guaranteed to never increase*
    • Yellow Term checkmark. The opportunity to earn dividends (payouts to policyholders)5
    • Yellow, Term checkmark Lower premiums at the beginning of your policy
  • Whole

    • Yellow, Whole checkmark Financial benefits for your loved ones
    • Yellow, Whole checkmark Insurance protection for your entire lifetime (unless you cancel or stop paying your premiums)
    • Yellow, Whole checkmark Premiums that are guaranteed to never increase**
    • Yellow, Whole checkmark Cash value that grows over time (taxes deferred)
    • Yellow Whole checkmark. The opportunity to earn dividends (payouts to policyholders)5
    • Yellow, Whole checkmark Cash value that can be used at any time and for any reason during your lifetime
  • Universal

    • Yellow, Universal checkmark Financial benefits for your loved ones
    • Yellow, Universal checkmark Insurance protection for your entire lifetime (unless you cancel or stop paying your premiums)
    • Yellow, Universal checkmark Cash value that grows over time (taxes deferred)
    • Yellow, Universal checkmark Cash value that can be used at any time and for any reason during your lifetime
    • Yellow, Universal checkmark Flexibility to change the amount of life insurance protection you want (within limits)
    • Yellow, Universal checkmark. The opportunity to earn dividends (payouts to policyholders)5
    • Yellow, Universal checkmark Ability to control the amount and frequency of your payments (subject to policy minimums)

*Level premium term policies provide a level premium for the life of the policy, however, not all term policies have level premiums.
**Certain product designs combine term insurance and whole life insurance, and may be subject to premium increases.

Life Insurance Calculator

How much life insurance is right for you?

The Northwestern Mutual difference

A++ financial strength rating

AAA, Aaa, and AA+ the highest financial strength ratings of any life insurer from all four major rating agencies3

Awarded in the Insurance category: Life & Health industry, Fortune® Magazine's annual survey, 2017

No. 1 in client satisfaction

Best Life Insurance Company ranked by NerdWallet, 20204

Ranking for Northwestern Mutual Investment Services LLC, ©2017–2020 and TM, NerdWallet, Inc. All Rights Reserved.

$6.2B Six point two billion dollars

In dividends expected to
be paid in 20215