Northwestern Mutual declares industry-leading dividends on life, disability insurance

Special to The Freeman

Oct. 29, 2014

MILWAUKEE Northwestern Mutual will share its success with its policy owners in 2015 through an estimated $5.5 billion dividend payout. It will be a record payout for the financial security leader and is expected to exceed its estimated 2014 payout by $300 million.

While about 90 percent of the $5.5 billion payout will be paid on whole life insurance, Northwestern Mutual also expects to pay record dividends on several other product lines. This includes $320 million on disability insurance, $150 million on term life insurance and $105 million on variable life insurance.

In addition, Northwestern Mutual will pay $45 million on its annuity product line, including its new suite of Portfolio Income Annuities.

In 2015, the company's dividend scale interest rate on un-borrowed funds for most traditional permanent life insurance will be 5.60 percent.

For more information, visit www.northwesternmutual.com.