Northwestern Mutual Life Insurance

[xrac]

I have never been a big fan of NWML because they are strickly a captive company and stiff and starchy. However, if you are captive and stay with them they are a great company to work for. My opinion of them has grown due to this neat website they have created.

http://www.letyourworriesgo.com/

Anyone who does something like this can't be all bad.

 

[dgoldenz]

You can let your worries and premium dollars go all at the same time. Nice.

 

[ProsperSBC]

You can let your worries and premium dollars go all at the same time. Nice.

And your dividend rate go down 6.5% this year Guardian's is 7.3% and so is MASS. My insiders tell me their private equity got hurt big time in the recent market collapse and thats why the dividend went down.

 

[arnguy]

I don't think we should discuss NWML because they are the "quiet" company. Sh, sh!

 

[SportsNut]

Those damn chirping birds... grrr. They are maddening.

Not a dang thing calming about that at all.

 

[CFP83]

And your dividend rate go down 6.5% this year Guardian's is 7.3% and so is MASS. My insiders tell me their private equity got hurt big time in the recent market collapse and thats why the dividend went down.

I can jump on this one fellas as I wrote 400k of premium on corporate and estate planning cases with NML in 2008.

They are not a captive company by the way, I am a statuary employee meaning that I have exclusive access to their products (1 of 5200 reps currently nationwide) but am in no way captive. NML rep's have a fidicuary responsability to their clients first and foremost. I pay for my office space, my staff, phone, fax ect-In having a contract like this I also am not attached to them either

Regarding dividend rate, I think anyone who is doing big premiums on the advanced planning side (NQDC,COLI,BOLI, buy-sells) can tell you that the dividend rate is only "part of the story" when it comes to a cash value policies rate of return. Because some expenses come out of the dividend before it's applied to the policies cash value, you can have a lower dividend paying policy having a higher internal rate of return.

 

[ProsperSBC]

I can jump on this one fellas as I wrote 400k of premium on corporate and estate planning cases with NML in 2008.

They are not a captive company by the way, I am a statuary employee meaning that I have exclusive access to their products (1 of 5200 reps currently nationwide) but am in no way captive. NML rep's have a fidicuary responsability to their clients first and foremost. I pay for my office space, my staff, phone, fax ect-In having a contract like this I also am not attached to them either

Regarding dividend rate, I think anyone who is doing big premiums on the advanced planning side (NQDC,COLI,BOLI, buy-sells) can tell you that the dividend rate is only "part of the story" when it comes to a cash value policies rate of return. Because some expenses come out of the dividend before it's applied to the policies cash value, you can have a lower dividend paying policy having a higher internal rate of return.

I want that kind of contract

 

[insuranceexec]

I can jump on this one fellas as I wrote 400k of premium on corporate and estate planning cases with NML in 2008.

They are not a captive company by the way, I am a statuary employee meaning that I have exclusive access to their products (1 of 5200 reps currently nationwide) but am in no way captive. NML rep's have a fidicuary responsability to their clients first and foremost. I pay for my office space, my staff, phone, fax ect-In having a contract like this I also am not attached to them either

Regarding dividend rate, I think anyone who is doing big premiums on the advanced planning side (NQDC,COLI,BOLI, buy-sells) can tell you that the dividend rate is only "part of the story" when it comes to a cash value policies rate of return. Because some expenses come out of the dividend before it's applied to the policies cash value, you can have a lower dividend paying policy having a higher internal rate of return.

Absolutely correct.

 

[arnguy]

I can jump on this one fellas as I wrote 400k of premium on corporate and estate planning cases with NML in 2008.

They are not a captive company by the way, I am a statuary employee meaning that I have exclusive access to their products (1 of 5200 reps currently nationwide) but am in no way captive. NML rep's have a fidicuary responsability to their clients first and foremost. I pay for my office space, my staff, phone, fax ect-In having a contract like this I also am not attached to them either.....quote]

Whoa, there CFP83. Are you cast in bronze or carved out of stone? I believe you mean statutory employee.

 

[SportsNut]

I can jump on this one fellas as I wrote 400k of premium on corporate and estate planning cases with NML in 2008.

They are not a captive company by the way, I am a statuary employee meaning that I have exclusive access to their products (1 of 5200 reps currently nationwide) but am in no way captive. NML rep's have a fidicuary responsability to their clients first and foremost. I pay for my office space, my staff, phone, fax ect-In having a contract like this I also am not attached to them either.....quote]

Whoa, there CFP83. Are you cast in bronze or carved out of stone? I believe you mean statutory employee.

Arnguy... They don't teach that there speallin in them CFP classes. They waits untl the graduate course fur dat programs.