Northwestern Mutual and Knights of Columbus Add Whole Life Policies
September 11, 2019 by Allison Bell
Two life insurers that are free from the need to report quarterly earnings to shareholders have introduced new whole life insurance products.
Northwestern Mutual Life Insurance Company — a Milwaukee-based, policyholder-owned mutual life insurer — has introduced the Whole Life Plus policy.
Knights of Columbus — a nonprofit fraternal life insurer based in New Haven, Connecticut — has introduced two new whole life policies in the Knights Advantage series in the United States and Canada: the Limited Pay Whole Life policy and the Single Premium Whole Life policy.