How an index account works
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How an index account works

Indexed universal life lnsurance

It provides two main advantages:

Death benefit protection and an index account that protects you from losses through a zero percent floor and is subject to a cap.

Rules of the game

If the index account were a game of football and the football team an index selection in a life insurance policy, here’s a breakdown of how the index account works in simple terms.

It's always first down.

You can never lose yards, (the floor).

Up to a 10 yard gain per play, (the cap).

Midland National changes the rules!

Watch the play‑by‑play below.

The play‑by‑play

Take a look at what happens with these "new rules" in the play‑by‑play below!

START AT THE 23‑YARD LINE

NEXT

START AT THE 23‑YARD LINE

NEXT

The play‑by‑play

Take a look at what happens with these "new rules" in the play‑by‑play below!

NEXT

9-YARD GAIN

Your quarterback throws for a 9‑yard gain!
The ball is spotted at the 32‑yard line.

9-YARD GAIN

Your quarterback throws for a 9-yard gain!
The ball is spotted at the 32-yard line.
NEXT

The play‑by‑play

Take a look at what happens with these "new rules" in the play‑by‑play below!

19-YARD LOSS

Your quarterback is sacked at the 13-yard line for an 19-yard loss. But we've changed the rules so that you can never lose yards.
NEXT

19-YARD LOSS

Your quarterback is sacked at the 13‑yard line for a 19‑yard loss. But we've changed the rules so that you can never lose yards.
NEXT

The play‑by‑play

Take a look at what happens with these "new rules" in the play‑by‑play below!

NO LOSS, NO GAIN

Even though your quarterback is sacked at the 13-yard line for an 19-yard loss, the ball is spotted back at the 32-yard line where the play began, and it's still first down.
NEXT

NO LOSS, NO GAIN

Even though your quarterback is sacked at the 13-yard line for a 19‑yard loss, the ball is spotted back at the 32‑yard line where the play began, and it's still first down.
NEXT

The play‑by‑play

Take a look at what happens with these "new rules" in the play‑by‑play below!

8‑YARD GAIN

Your quarterback throws for an 8‑yard gain! The ball is spotted at the 40‑yard line, and it's still first down.

9-YARD GAIN

Your quarterback throws for a 9-yard gain! The ball is spotted at the 39-yard line, and it's still first down.

9-YARD GAIN

Your quarterback throws for a 9-yard gain! The ball is spotted at the 39-yard line, and it's still first down.

8-YARD GAIN

Your quarterback throws for a 8-yard gain! The ball is spotted at the 40-yard line, and it's still first down.
NEXT
NEXT

The play‑by‑play

Take a look at what happens with these "new rules" in the play‑by‑play below!

18-YARD GAIN

Your quarterback throws for a 18-yard gain, but...
NEXT

18‑YARD GAIN

Your quarterback throws for an 18‑yard gain, but...
NEXT

The play‑by‑play

Take a look at what happens with these "new rules" in the play‑by‑play below!

10-YARD GAIN

Even though you made a 18-yard play, the 10‑yard maximum kicks in so your team has to "give back" 8 of the yards. The net result is a gain of 10-yards and the ball is spotted squarely on the 50-yard line.
START OVER

10‑YARD GAIN

Even though you made an 18‑yard play, the 10‑yard maximum kicks in so your team has to "give back" 8 of the yards. The net result is a gain of 10‑yards, and the ball is spotted squarely on the 50‑yard line.
START OVER

Click on the "NEXT" button or the numbers here to view play‑by‑play!

SCROLL TO GAME SUMMARY

GAME SUMMARY

Under normal rules, the team would have gained a total of 16 yards (gains of 9, 8, and 18 with a loss of 19 yards) and the ball would have been spotted at the 39‑yard line.

 

However, with the "new rules," the team gained 27 yards and the ball is spotted squarely at the 50, which is an extra 11 yards downfield!

What does this mean for you?

Imagine if the football team was an Index selection in an indexed universal life insurance policy. The maximum 10 yards represents the cap rate, and the fact you never lose yards represents the floor with no downside risk. Each play is a year and the yardage gains are locked in interest crediting!

 

Talk to your Midland National financial professional for details on how you can put an Indexed Universal Life Insurance policy to work for you.

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© Midland National {{CurrentYear}}


Indexed Universal Life products are not an investment in the “market” or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.


THE S&P 500® COMPOSITE STOCK PRICE INDEX;
THE S&P 400® COMPOSITE STOCK PRICE INDEX;

These Indices do not include dividends paid by the underlying companies.
The S&P MidCap 400® and the S&P 500® Indices are products of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Midland National Life Insurance Company (the Company). Standard & Poor’s®, S&P®, S&P MidCap 400® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by the Company. The Company’s Product(s) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P MidCap 400® and S&P 500® Indices.


The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are insurance licensed will be paid a commission on the sale of an insurance product.


Life insurance policies have terms under which the policy may be continued in force or discontinued. Current cost of insurance rates and interest rates are not guaranteed. Therefore, the planned periodic premium may not be sufficient to carry the contract to maturity. The Index Accounts are subject to caps and participation rates. In no case will the interest credited be less than 0 percent. Please refer to the customized illustration provided by your agent for additional detail. The policy’s death benefit is paid upon the death of the insured. The policy does not continue to accumulate cash value and excess interest after the insured’s death. For costs and complete details, call or write Midland National Life Insurance Company, Administrative Office, One Sammons Plaza, Sioux Falls, SD 57193 Telephone (800) 923-3223.


FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.

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FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.

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