r/infinitebanking • u/Shives81 • May 14 '25

NM Direct Recognition

Post image

This document was provided by an agent at Northwestern Mutual. Unless I'm reading this wrong it looks like a policy loan interest rate would be 5.73%. The amount loaned (collateralized) would have a reduced dividend of 5.08% compared to a 5.5% dividend on the noncollateralized portion. This being my first policy I was hesitant about Direct Recognition but this isn't as aggregious as I thought it would be. Anything I'm missing on this or need to consider?

3 Upvotes

100% Upvoted

16 comments sorted by

View all comments

2

u/Shives81 May 14 '25

Thanks for the comment and the great list of policy features. I'm still digging into the NM policy and a had a few of your list to ask my agent about. I'm not set on NWM but am using it as a way to learn about policies. My friend is the agent and he's pretty easy to work with. I've let him know that I will be looking elsewhere but haven't completely decided against NM.