Northwestern Mutual is a life insurer worth considering. Cons: Try to sell a lot of insurance. Compared to financial investment software from companies like Fidelity Vanguard Schwab etc. Long-time readers will recall I was once the proud owner of a whole life insurance policy from Northwestern Mutual (NML). However, as a mutual company, Northwestern Mutual has historically paid dividends back to policyholders to ensure that coverage comes at the lowest possible net cost. We had been thinking about it because I was pregnant and wanted to make sure our family would be taken care of should anything happen to one of us. Personal agent with great experience that guided me through my needs. Northwestern always kept us informed and up to date on our policy and our agent was great to work with. They are very easy to work with. His license should be revoked! Moody's, A.M. Best, Fitch, and S&P have all awarded Northwestern Mutual with the highest ratings for any insurer regarding its financial strength. Good product, good value, concerned costumer service. Northwestern Mutual is a great company for disability and life insurance. Their track record speaks volumes and because they are exclusive there is no way to know what is really going on. Northwestern Mutual is a reliable and financially stable insurer. I absolutely adore the people at Northwestern Mutual. Northwestern Mutual offers three kinds of life insurance: These are some of the most common types of life insurance policies in the industry, so most people will be able to find the kind of life policy coverage they want at Northwestern Mutual. by JustAnAverageUser, The ability to work with a financial adviser is a nice benefit of choosing Northwestern Mutual. We have our life insurance through Northwestern. Cons: Terrible investment returns, bad products for most people, high fees. For those interested in a permanent policy, Northwestern Mutual offers whole, universal, and variable universal life insurance. Adding up the value that you hold in all three of those together and attempting to use a calculator to come out with the answer on your own is a dangerous and foolish way to proceed, IMO. Have good advisors and bad ones just like any firm. Trustworthy, reliable, & financially sound. Their information they send is thorough and helpful. ?....shouldn't they still be doing their job regardless? 10/30/2019, Pros: Awesome Insurance, Great Advisors and Financial Strength. Loved the conversation very knowledgeable Agent. They have been honest with me. Yes, they have plenty of people that work for them that only do insurance, and push it almost to no end. As a mutual company, we answer to you — our policyowners — not to Wall Street. I think because I am pretty healthy and have never drank or smoked I have a great plan. My current agent doesn't really do much for maintaining me as a client. It offers quality products and services. I got a variable whole life policy from Northwestern Mutual a number of years back and regret everything about it. The program is designed to address the more diverse and challenging needs that can arise from having substantial wealth. I later received a notice in the mail indicating they could not offer me a policy for XYZ reasoning (one was that I have ADHD [not diagnosed by my current PCP] conversation), which was totally inaccurate based on what underwriting stated they needed from me. Northwestern Mutual Investment Services Customer Reviews. Just see for yourself! Solid, reliable provider of insurance products. Minimum deposit to open. They can to our house to do the medical requirements which was nice. They do not manage their own books, and have extremely limited investment products knowledge. Amazing staff in Kentucky. Some policy types can offer living benefits and accrued cash value beyond a guaranteed payout when you pass away. There’s something about their culture which fosters learning, investing in yourself, and continuous self-improvement. Fortune Magazine rated Northwestern Mutual number one for the quality of its life insurance products and services in 2018. They never even attempt to fix it. Before you spend money on a life policy, it's important to find a trustworthy company. Northwestern Mutual’s services include financial planning, wealth management, and investment services. by JustAnAverageUser, 6/12/2020 . Talking to an adviser can help you understand what options fit your needs and goals. Northwestern Mutual opened the Northwestern Mutual Wealth Management subsidiary in 1968 to oversee its broker-dealer and investment advisor services. They do however have plenty that almost solely do investments. However, it’s unclear how much you’ll be charged for their services. 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