The Northwestern Mutual Life Insurance Company announced its 2015 Dividend. Total dividends paid will increase by roughly $300 million to $5.5 billion and the dividend interest rate on whole life insurance will remain at 5.60%.
Roughly 90% of the total dividend payout will go towards participating whole life policy holders, but Northwestern Mutual states that it will pay record dividends on other lines of business. Their breakdown of dividends paid to other product lines include:
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Brandon launched the Insurance Pro Blog in July of 2011 as a project to de-mystify the life insurance industry. Brandon was born in Northern New England, and he currently calls VT home. He attended Syracuse University and graduated with a triple major in Economics, Public Administration, and Political Science.