Northwestern Mutual

From WikiMD's Wellness Encyclopedia

Northwestern Mutual is a financial services company based in Milwaukee, Wisconsin, United States. It provides a variety of financial services, including life insurance, disability insurance, annuity, investment management, and financial planning services.

History[edit | edit source]

Northwestern Mutual was founded in 1857 as the Mutual Life Insurance Company of the State of Wisconsin. The company's name was changed to Northwestern Mutual Life Insurance Company in 1865. Over the years, Northwestern Mutual has grown and expanded its services to include a wide range of financial products and services.

Services[edit | edit source]

Northwestern Mutual offers a variety of financial services. These include:

  • Life Insurance: Northwestern Mutual offers a variety of life insurance products, including term life insurance, whole life insurance, and universal life insurance.
  • Disability Insurance: This insurance provides income protection in the event of a disability that prevents the policyholder from working.
  • Annuity: Northwestern Mutual offers a variety of annuity products, including fixed annuities, variable annuities, and income annuities.
  • Investment Management: Northwestern Mutual provides investment management services, including mutual funds, brokerage services, and trust services.
  • Financial Planning: Northwestern Mutual provides comprehensive financial planning services, including retirement planning, education funding planning, and estate planning.

Recognition[edit | edit source]

Northwestern Mutual has received numerous awards and recognition for its financial strength and customer satisfaction. It has consistently been rated as one of the "World's Most Admired" life insurance companies by Fortune magazine.

See Also[edit | edit source]

References[edit | edit source]

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Contributors: Prab R. Tumpati, MD