Life Insurance Quotes

Northwestern Mutual Life Insurance's annual meeting will highlight the company's success

07/25/11

Despite all the trouble the national economy has weathered over the past several years, companies like Northwestern Mutual Life Insurance have still managed to thrive.

This week, Northwestern Mutual is hosting an annual meeting of financial representatives in Milwaukee, Wisconsin. The Milwaukee Journal Sentinel reports that throughout the years of economic turbulence, Northwestern Mutual has managed to pay dividends of more than $4.5 billion each year to its policy holders and increased its surplus.

The chairman and CEO of Northwestern Mutual, John E. Schlifske said, "From a strength perspective, we have this huge competitive advantage in being able to demonstrate that in the worst conditions we've lived through, we could be strong."

2011 Super Bowl MVP Aaron Rodgers of the Green Bay Packers will be one of the speakers at the meeting. Financial and retirement expert and author Ed Slott will also speak and provide pointers on saving.

The Life Insurance Marketing and Research Association reported that in 2010, roughly thirty percent of U.S. households, approximately 35 million in total, did not have life insurance. In 2009, 9.4 million individual life insurance policies were issued to Americans, one million fewer than in 2004.

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