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Northwestern Mutual Life Insurance Company
Ed Lough, Alan Levin, Brandy Kendall & Josh Parish (This image was taken in 2019.)
The Northwestern Mutual Life Insurance Company is an American financial services mutual organization based in Milwaukee, Wisconsin. Our products include life, disability income, and long-term care insurance; annuities; investments; and investment advisory products and services.
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In 1864, the company paid its first dividends to policy owners, and has done so annually since 1872.
Throughout the early years of the 20th century, Northwestern Mutual focused on life insurance. In 1907, company leaders invited policy owners who were not trustees to probe into finances for accountability. This unique tradition has continued with members of the Policy Owners’ Examining Committee having unrestricted access to evaluate Northwestern Mutual’s operations, management and strategic plans independently.
In 1969, the company began offering disability income insurance. Less than a decade later, it introduced a series of retirement annuities for the employee benefits market. In the 1990s, the company grew further with the introduction of long-term care insurance. In 2000, it changed its name to reflect the broadening of product offerings to just Northwestern Mutual.
Northwestern Mutual Wealth Management Company offers a range of financial planning products and services including investment management, fee-based financial planning, business retirement plans and trust and private client services.
Leading the industry, the company expects to pay a total dividend of $6 billion to policy owners in 2020.
It also maintained the highest financial strength ratings awarded to any U.S. life insurer by all four of the major rating agencies (2019).
With local offices in both Hagerstown and Frederick, we can help you with all your insurance and investment needs.
