Like all universal life insurance, Indexed Universal Life allows you to choose the policy features that are most appropriate for you and to adjust those features as your financial priorities and needs change. It offers...

• A death benefit paid to your loved ones generally free from federal income taxes.¹
• The flexibility to determine the amount and timing of premium payments.
• The flexibility to increase or decrease the face amount after issue.²
• The flexibility of tax-deferred growth of policy cash values, which may be used to pay for monthly costs of insurance or accessed via policy loans and withdrawals to use as you wish.

Unlike other interest-earning life insurance policies, however, Indexed Universal Life offers interest linked to a stock market index – without the risk of investing directly in the market.

With its combination of life insurance coverage, guarantees, flexibility and opportunity for index-linked growth, Midland National’s Indexed Universal Life is an excellent choice for life.

For additional information, click on the links below:

• Interest/Index Options -
• Index Selections Guide -

¹Proceeds from a life insurance policy paid because of the death of the insured are generally excluded from the beneficiary's gross income for income tax purposes.
Growth on accumulated cash values is generally taxable only upon withdrawal.
Adverse consequences may result if withdrawals exceed premiums paid into the policy.
Policy loans from life insurance policies generally are not subject to income tax, provided the policy is not a Modified Endowment Contract. A policy loan or withdrawal from a life insurance policy that is considered to be a Modified Endowment Contract may be considered taxable upon receipt.
A policy withdrawal will reduce the policy’s ultimate death benefit and cash value.
You should consult with your tax advisor or attorney for advice on your specific situation.

²Policy changes may require additional underwriting.