JoinMNInnerLeftNav JoinMNInnerLeftNav

About MN
Join MN
Get Started

Term-Center-Top Term-Center-Top

Our term life insurance policies provide affordable coverage and pure life insurance protection.

Our term products offer:
  • Five underwriting classes
  • A range of level-premium guarantee periods from 10 to 301 years
  • Guaranteed convertibility2
  • Option to convert to an individual permanent life insurance policy that's available from us at the time of conversion, subject to terms of the policy.


Term-Center-Bottom Term-Center-Bottom

Premier Term – If you're focused on obtaining our lowest possible rates for your clients, then Premier Term may be the answer. It offers life insurance protection at a low rate and is suitable for many purposes.

Executive Term – If you're looking for more flexibility in a term policy, then Executive Term may be the right fit. Executive Term is designed with the middle-income market in mind; however, it is suitable for most individuals and situations.
  • Executive Term's Guaranteed Conversion Credit Rider3 allows the policyholder to apply 100% of the premiums paid in the first five years toward the purchase of a permanent life insurance policy from Midland National.

1Premiums are guaranteed to remain level for the initial 10-, 15-, 20-, or 30-year period. After the premium guarantee period, premiums will increase annually but will never exceed the Guaranteed Annual Renewal Premium.

2Convertibility is subject to specific terms. Refer to the policy form for complete details.

3Conversion Credit applies to the Base Plan and OIR riders only. It does not apply to other Term riders. 100% of base premiums can be recaptured in the first five years by applying them to conversion, and a percentage of these five-year premiums is applied on conversions in years six through eight.

Premier Term and Executive Term are the marketing names for Premier Term CS7 and Executive Term CS3. Executive Term CS3 (policy form series T082E1), Premier Term CS6 (form series T142), and the Graded Conversion Credit Rider is issued on rider form series TR127, respectively, by Midland National Life Insurance Company, Administrative Office, One Sammons Plaza, Sioux Falls, SD 57193. Products, features, endorsements, issue ages or riders may not be available in all jurisdictions. Limitations or restrictions may apply.

Term Quote: Premiums are effective as of the date quoted and are subject to change. Rates include policy fees. Product rates shown are based on the age and face amount entered and are subject to change during the application and underwriting process.

Term-Right Term-Right

2019 Convention

Final determination of convention qualification will be at the sole discretion of Midland National. We reserve the right to deny attendance to any qualifier. Conventions and contests can be cancelled without notice and without any obligation on the part of the Company to any club member or qualifier.