Record Dividend Payout Set for Northwestern Mutual Policyowners

[Insurance Forums Staff]

Insurance Forums Staff submitted a new article

Record Dividend Payout Set for Northwestern Mutual Policyowners

Company claims annual life insurance payout is close to triple the size of nearest competitor.

Continue reading the Original Article.

 

[Lloyds of Lubbock]

Should't every year dividend payout be bigger than the prior year?
With new business being written and more policies eligible for dividends, I think that this is only a natural progression.
The article says nothing about actions taken to the dividend scale for 2023.

 

[scagnt83]

Should't every year dividend payout be bigger than the prior year?
With new business being written and more policies eligible for dividends, I think that this is only a natural progression.
The article says nothing about actions taken to the dividend scale for 2023.

Yes. I have always thought that as well. Even with no new business, the compounding would make it larger each year regardless.

Just meaningless feel good propaganda that all carriers do for some reason.

 

[Lloyds of Lubbock]

NML is excellent at this.
If their div was going up or holding, I would think it would be in this promotional piece.
we should see in the next few days.

 

[scagnt83]

NML is excellent at this.
If their div was going up or holding, I would think it would be in this promotional piece.
we should see in the next few days.

Good point! We will see. Interesting times, I dont know that this coming year will be the year of increases like some think it will be. 2024 is what Im betting on.