Consumer Reviews of Northwestern Mutual insurance companies

The opinions expressed in these reviews are the opinions of consumers that submitted reviews to TermLifePolicy.com. They do not necessarily represent the opinions of TermLifePolicy.com.

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Date created: 2011-05-06 Location: Chicago, IL

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Review:
"Why the of Purchase Single Premium Life Insurance Should be Considered"
I am fortunate to have had parents that were active participants in the financial planning of their children. As a result I purchased a single premium life insurance policy valued at $500,000 when I graduated college at age 25, they also loaned me the $90,000 required. My family has dealt with Northwestern Mutual since before I was born and the service and financial products have always exceeded our family's expectations. If you afford to purchase single premium life insurance it has some excellent advantages you have a cash value as soon as the police is effective, the gains in cash value are tax-deferred and your estate or beneficiaries receive the death proceeds free of federal income tax. The policy also develops cash value you can borrow against at very competitive rates. At age 48 I was able to borrow the cost of the home I was purchasing at a rate 3.5% below the current mortgage rate and received my loan proceeds in 5 business days. Northwestern Mutual has always been the first place I checked for my financial planning since they offer a wide range of financial products in addition to life insurance, such as bond, certificates of deposit and custodial accounts.

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Date created: 2011-01-31 Location: La Crosse, WI

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"Northwestern Mutual Life"
I went to NWML to get a life insurance policy shortly after I graduated from college. I met with a former college classmate who worked for NWML. I was so pleased with the rates that NWML was able to offer me. I was able to get a great return on my whole life policy, and my term life insurance policy was very cheap! NWML was also able to decrease my rates because I agreed to take a blood test. All these things contributed to a fantastic investment for me which will also protect my family in the future. I disliked all the cross-selling that NWML tries to do on a regular basis. After getting my life insurance, they really wanted me to open up a Roth IRA account even though I had a 401k with my company. I've never had to change my coverage, and I would definitely recommend the company to anyone!

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Date created: 2010-11-24 Location: San Diego, CA

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Review:
"Northwestern Mutual Life Insurance"
I currently have a term life insurance policy with Northwestern Mutual which I have had for three years. I initially chose this company because I had a friend that worked for them and through his presentation he convinced me they were the best. After his presentation with me and my husband, I researched Northwestern Mutuals products and decided that my friend was being honest and they really are the best! Their customer service is superb, the rates are excellent, and I would definitely recommend this company to anyone seeking any type of insurance. I have had to call twice for one issue or the next and both times the representative I spoke with was extremely helpful and kind. They resolved my issue promptly and made sure I did not need anything else before we got off the phone. I have been nothing but happy with them and will continue to use and purchase their products! In fact, we intend to get a whole life insurance policy for our daughters first birthday!