Life insurance in America, where the insurance company pays the
insurance amount to the heirs, in the event of the death of the insured. This
type of insurance is also distinguished by the fact that it is not specified
for a specific period, as it is the life period of the insured.

Life insurance in America

Where the insurance owner pays premiums throughout his life, as the
insurance premium begins once contracting until the end of life. This type has
the advantage of being suitable, especially for people who have the ability to
pay insurance premiums in their advanced life.

The sum insured is obtained only after the death of the insured.
Insurance companies have tended to make this type of insurance stop at a
certain age, let it be at the age of eighty or the age of ninety.

Life insurance

In this type, the insured pays the premium amount throughout his life,
while upon his death he does not pay any premiums. This insurance is also
considered one of the limited insurances, due to the lack of guarantee, which
is considered essential in insurance.

This type of insurance is characterized by the fact that the marketing
procedures are very simple, in which medical examinations are dispensed with
compared to other insurances. This type targets a certain number of people, who
mainly want to save. It is also characterized by low required premiums, due to
reduced expenses for medical examinations.

Northwest Mutual

Northwestern Mutual takes second place with a market capitalization of
6.5% in 2014, from reported written premiums of more than $9.5 billion.

That same year, the company reported about $26.7 billion in consolidated
revenue. Northwestern Mutual is a mutual insurance company that has been able
to benefit policyholders.

Policyholders' earnings totaled $5.5 billion in 2014, of which insurance
paid policyholders nearly $5 billion.

The company offers investment products, financial planning services and
many other insurance products besides life insurance.