Northwestern Mutual vs State Farm Life Insurance

  • YEAR FOUNDED
    1859
  • CURRENT CEO
    John E. Schlifske
  • AVAILABLE
    49 States
  • ADDRESS
    720 East Wisconsin Ave. Milwaukee, WI 53202
  • TOP AWARDS

    One of the "World's Most Admired" life insurance companies in 2018 by Fortune

  • PROS
    • Diverse policy riders
    • Flexible payment terms
    • Best whole life insurance
  • CONS
    • No online quotes
    • No Child Term rider
  • YEAR FOUNDED
    1922
  • CURRENT CEO
    Michael L. Tipsord
  • AVAILABLE
    48 States
  • ADDRESS
    East P.O. Box 588002 North Metro, GA 30029
  • TOP AWARDS

    N/A

  • PROS
    • Great Term Life Insurance
    • Top rated customer service
  • CONS
    • Term lengths
    • Higher premiums than other companies
SOURCENorthwestern MutualState Farm
JD Power4/55/5
BBBN/AA-
AM BestA++A++
Moody'sAaaAa1
FitchAAAN/A
Standard & PoorA+AA
Comdex ScoreN/A98
SOURCENorthwestern MutualState Farm
Total Assets$250.4 billion?$160.732 billion
Life Insurance in Force?$1.6 trillion$901.7 billion
Northwestern MutualState Farm
Term life insuranceSelect Term 10, 20, 30
Whole life insuranceReturn of Premium 20, 30
Universal Life insuranceMortgage Life 15, 30
Whole Life
Limited Pay 10, 15, 20
Single Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
Northwestern MutualState Farm
Term life insuranceSelect Term 10, 20, 30
Whole life insuranceReturn of Premium 20, 30
Universal Life insuranceMortgage Life 15, 30
Whole Life
Limited Pay 10, 15, 20
Single Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
Northwestern MutualState Farm
Accidental Death riderN/A
Critical Illness rider
Disability Income rider
The waiver of premium rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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