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Midland National Life offer affordable term insurance with gradually increasing
premiums, level premiums, decreasing coverage, level death benefits,
joint coverage, family riders, plus guaranteed conversion features
to most Whole Life products, currently including Universal Life
and Variable Universal Life Policies.
Midland National's broad portfolio of term products includes specific
lines based on your market and your client's needs.
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A term policy is designed to
provide affordable life insurance protection for a specific number
of years. It affords temporary coverage at the lowest possible premium
outlay.
The Executive
line is a series of Age Last Birthday products that provide very competitive
conversion features, offer competitive premium structures, include
three preferred underwriting classes, are ideal for the middle income
market, and are top-commission products.
The Premier line is a series of
Age Nearest Birthday products that also include three preferred underwriting
classes. Unlike the Executive line, However, the Premier line requires
higher minimum face amounts at certain ages, provides a premium structure
that is even more competitive than the Executive line, and is ideal
for the upscale market (large cases/competitive situations). |
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