How you protect your family changes as it grows. So whether you've partnered up, gotten married, added kids to the mix, or find yourself caring for someone who used to care for you, we'll work with you to make a plan that fits your family and protects you all from the unexpected.
There's more to life insurance than you might think. Besides helping to protect your family's financial future, you can use your whole life policy's cash value for life things like paying tuition.1 We'll help you get the coverage you need for what's happening in your life, and the things you never thought could.More About Life Insurance
Your earning potential is likely your biggest asset.
There are lots of ways to protect it in case you become
unable to work. We'll help you find the best way to keep
your family's income coming in. 2
Get a guaranteed3 future income, even after you stop working. An annuity lets you put money away for retirement and receive an income long after you've left the workplace.More About Annuities
Your estate is made up of things like your bank account, house, and personal possessions. We'll help you look at your investments, insurance policies, savings, and goals to create a plan designed to help set your family up for financial success in the event of your passing.More About Estate Planning
Life insurance policies get more expensive to purchase as you get older. So the premiums you could qualify for today might not be the same as the ones you could qualify for a year from now.
Our financial advisors can help you make sure your family's covered. Then get to your next goal.
And the next.
1Your policy's cash value typically becomes a useful source of funds only after several years of premium payments, which allows the cash value to build up. Your policy's cash value becomes a useful source of funds only after several years of premium payments, which allows the cash value to build up. Each method of utilizing your policy's cash value has advantages and disadvantages and is subject to different tax consequences. Surrenders of, withdrawals from and loans against a policy will reduce the policy's cash surrender value and death benefit and may also affect any future dividends paid on the policy. As a general rule, surrenders and withdrawals are taxable to the extent they exceed the cost basis of the policy, while loans are not taxable when taken. Loans taken against a life insurance policy can have adverse effects if not managed properly. Policy loans and automatic premium loans, including any accrued interest, must be repaid in cash or from policy values upon policy termination or the death of the insured. Repayment of loans from policy values (other than death proceeds) can potentially trigger a significant tax liability, and there may be little or no cash value remaining in the policy to pay the tax. If loans equal or exceed the cash value, the policy will terminate if additional cash payments are not made. Policyowners should consult with their tax advisors about the potential impact of any surrenders, withdrawals or loans.
2Disability income insurance policies contain some contractual features and optional benefits that may not be available in all states. The ability to perform the substantial and material duties by the insured is only one of the factors that determine eligibility for disability benefits. These policies also contain exclusions, limitations and reduction of benefit provisions. Eligibility for disability income insurance, additional policy benefits and qualification for benefits is determined on a case-by-case basis. For costs and complete details of Northwestern Mutual disability coverage, please contact a Northwestern Mutual Financial Representative.
3All guarantees are based solely on the claims-paying ability of the insurer.