Midland National Life Insurance Company, a leading provider of life insurance and annuities, recently announced an expansion of coverage for its Midland National Advantage policyholders. This expansion will provide additional benefits and protection to over 7,000 policyholders, including:
Midland National Advantage is a whole life insurance policy that offers a number of benefits, including:
The recent expansion of coverage includes:
Midland National Life Insurance Company has been providing life insurance and annuities for over a century. The company is financially strong and has a long history of paying claims quickly and efficiently.
Midland National is committed to providing its policyholders with the best possible coverage and service. The recent expansion of coverage for Midland National Advantage policyholders is just one example of the company's dedication to its customers.
Feature | Previous Coverage | Expanded Coverage |
---|---|---|
Death benefit | Up to $2 million | Up to $5 million |
Living benefits riders | Basic riders | Enhanced riders |
Access to financial professionals | Not available | Available |
Rating Agency | Rating |
---|---|
AM Best | A+ (Superior) |
Moody's | Aa3 (Excellent) |
Standard & Poor's | AA- (Very Strong) |
Benefit | Description |
---|---|
Guaranteed death benefit | Provides a financial safety net for your loved ones. |
Cash value accumulation | Allows you to save money for the future on a tax-deferred basis. |
Tax-deferred growth | Helps your money grow faster by deferring taxes on the growth of your cash value. |
Living benefits riders | Provides additional benefits if you experience a covered event, such as a critical illness or chronic illness. |
Strategy | Description |
---|---|
Retirement planning: Use whole life insurance to supplement your retirement savings. | |
Estate planning: Use whole life insurance to provide a death benefit to your beneficiaries and help reduce estate taxes. | |
Education funding: Use whole life insurance to help pay for your children's education. | |
Business succession planning: Use whole life insurance to provide liquidity for your business in the event of your death. |
To apply for Midland National Advantage, you can:
Midland National Advantage is a whole life insurance policy that offers a number of benefits, including a guaranteed death benefit, cash value accumulation, and tax-deferred growth. The recent expansion of coverage provides policyholders with additional benefits and protection.
Midland National is a trusted name in insurance with a long history of paying claims quickly and efficiently. If you are looking for a whole life insurance policy that provides you with the best possible coverage and service, Midland National Advantage is a great option.
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