IUL Accumulation (cash value focus)

Midland National Life Insurance Company

Financial Strength A+
IUL Experience 15 years
Policy Portfolio 5 products

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Founded

1906

Assets

$55 billion

AM Best

A+

Participating

115%

Financial Strength Ratings

AM Best A+

S&P Not disclosed

Moody's Not disclosed

Product Benchmarks

Typical Cap Range

Min: 8% | Max: 11% | Current average: 9.5%

Participation Rates

Min: 100% | Max: 130% | Current average: 115%

Typical Fees

Coi range: Low | Admin fee: Competitive | Premium load: Standard

About Midland National Life Insurance Company

MoneyGeek 2025: Best cheap universal life insurance

115+ year history

Employee-owned structure (Sammons Financial Group)

Fewer complaints than expected (NAIC)

GUL swap option without new underwriting

Company Profile

Headquarters

West Des Moines, Iowa

Founded

1906

Years in IUL

15 years

Assets Under Management

$55 billion

Minimum Premium

$3,600 annual

Issue Ages

15 days to 79 years

Underwriting Speed

2-4 weeks standard

Website

www.midlandnational.com

Financial Ratings

AM Best A+

S&P Not disclosed

Moody's Not disclosed

These ratings indicate excellent financial strength and claims-paying ability.

IUL Policies from Midland National Life Insurance Company

Explore comprehensive Indexed Universal Life insurance solutions

How to Compare: Check the boxes on any 2 policies below, then click "Compare Now" in the green bar that appears.

IUL Policy

IUL Accumulation

Indexed Universal Life solution focused on compounding tax-advantaged cash value.

Cap Rate Varies: 8% to 11%

Floor Protection 0%%

Participation Varies: 100% to 130%

Minimum Premium $3,600 annual

Issue Ages 15 days to 79 years

MoneyGeek 2025: Best cheap universal life
Cash value focus
No-cost loans after year 6
Index options: S&P 500, Up to 13 index/credit options

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IUL Policy

IUL Death Benefit

Indexed Universal Life solution focused on compounding tax-advantaged cash value.

Cap Rate Varies: 8% to 10%

Floor Protection 0%%

Minimum Premium $3,600 annual

Issue Ages 15 days to 79 years

Protection focus
Low cost structure
Index options: S&P 500, Multiple options

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IUL Policy

IUL Cash Value

Indexed Universal Life solution focused on compounding tax-advantaged cash value.

Cap Rate Varies: 9% to 11%

Floor Protection 0%%

Minimum Premium $3,600 annual

Issue Ages 15 days to 79 years

Maximum accumulation design
Fewer complaints than expected (NAIC)
Index options: S&P 500, 13 index options

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IUL Policy

Legacy Guaranteed IUL

Indexed Universal Life solution focused on compounding tax-advantaged cash value.

Cap Rate Varies: 8% to 10%

Floor Protection 0%%

Minimum Premium $5,000 annual estimated

Issue Ages 15 days to 79 years

Survivorship design
Estate planning focus
GUL swap option without new underwriting
Index options: S&P 500, Multiple options

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Personalized Planning

Map Out Your Midland National Life Insurance Company Strategy

Partner with fiduciary-aligned specialists to benchmark Midland National Life Insurance Company against other carriers and design an IUL strategy around your goals.

Carrier benchmarking with transparent fee and rider analysis
Custom illustrations tailored to your cash-flow and retirement timeline
Step-by-step implementation with ongoing performance reviews

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Response within one business day

Frequently Asked Questions

Midland National Life Insurance Company currently offers 5 IUL solutions that balance growth potential with downside protection. Our specialists will help you match product features to your retirement or legacy goals.

Midland National Life Insurance Company maintains strong independent ratings including AM Best A+, demonstrating resilient balance sheet strength and consistent claims-paying ability.