Midland National is pleased to offer customers our latest
life insurance product, XL Heritage. To share this product with a wide
audience, Midland National created a new YouTube video
explaining the value and perks of this program to customers.
Brief, yet informative, this video lets customers know that
XL Heritage provides a guaranteed death benefit with just one premium.1
No medical exam or blood work is needed, and the decision process can take as
little as 20 minutes on the phone.2 XL Heritage can build cash value
based on the upward movement of a stock index, but because the cash value isn’t
invested in the stock market itself, customers protect themselves against
downside risk. With engaging animation and clear information, our video lets
customers know this product is a way for them to maximize the legacy they leave
to their loved ones.
1 Although XL Heritage is filed as a
Flexible Premium Universal Life and allows additional premiums, the product is
designed for a single premium payment. There are limited benefits to adding
premiums after policy issue - for example, the Account Value will increase with
additional premium payments, but the guaranteed death benefit and the Return of
Premium Value will NOT. Therefore, clients should carefully consider whether
additional premiums should be paid. Product availability subject to state
approval.
2 Coverage is subject to some health and
lifestyle questions.