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Types of Life Insurance
Saturday, May 17, 2008

Life insurance comes in a variety of forms to meet your financial goals and objectives.
Find out what type of life insurance is right for you, or click on any heading below to find out more.


 Term If you want affordable, temporary coverage, there are Term policies that can be converted to permanent policies once your financial circumstances change.

 Whole If you want the security of level premiums and guaranteed coverage, there's traditional Whole Life.

 Universal If you want Whole Life coverage and the flexibility of adjusting your premiums and death benefits, there's Universal Life.

 Indexed If you want the death benefit and guarantees of life insurance, combined with the oportunity to earn interest linked to the upward movement of a stock market index (without the risk of investing directly in the market), you may wish to consider Indexed Universal Life.

 Variable If you want to try the investment market, there's Variable Universal Life, which provides a guaranteed death benefit1 and the opportunity for you to invest your premiums in various Separate Account investment portfolios.
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 Annuities Annuities are a different type of life insurance product. They allow you to build cash values through a tax-deferred2 method of cash accumulation3.

1Guarantees are based on the claims-paying ability of Midland National.
2Midland National does not give tax or legal advice. You should consult a professional prior to making a purchasing decision.
3Variable Annuities are subject to investment risk and a possible loss of the principal.
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