Types of Life Insurance
2.Midland National does not give tax or legal advice. You should consult a professional prior to making a purchasing decision.
Life insurance policies have terms under which the policy may be continued in force or discontinued. Current risk rates and interest rates are not guaranteed. Therefore, the planned periodic premium may not be sufficient to carry the contract to maturity. For Indexed Universal Life policies, the Index Accounts are subject to caps and participation rates and in no case will the interest credited be less than 0 percent. The policy's death benefit is paid upon the death of the insured. The policy does not continue to accumulate cash value and excess interest after the insured's death. Please refer to the customized illustration provided by your agent for additional detail. For costs and complete details, call or write Midland National Life Insurance Company, Administrative Office, One Sammons Plaza Sioux Falls, SD 57193. Telephone: (605) 335-5700.
Variable products distributed by Sammons Financial Network® LLC, member FINRA. Sammons Financial Network® LLC and Midland National® Life Insurance Company are affiliated companies and indirect wholly owned subsidiaries of Sammons Enterprises, Inc. of Dallas, Texas.