Income can refer to cash flow derived from a variety of sources, including personal earnings, investment earnings, businesses or even real estate. These forms of income are generally referred to as earned income. There are also sources of unearned income, particularly when discussing investments. Dividends, capital gains and interest are common examples of unearned income.
The companies that comprise Old Mutual's U.S.
Pacific Life Company provides its customers with services in annuities, college savings, life insurance, mutual funds, and other products. It also provides financial planning and educational information to its customers. Products include:
1) Fixed Annuity: A fixed annuity provides defined growth of principal and interest, free from taxes until money is withdrawn. Fixed annuities generally guarantee a fixed amount of interest for several years; others guarantee rates from one to three years, and renew at the option of the insurance company.
Northwestern Mutual is a mutual insurer that has been in operation since 1857. Northwestern Mutual offers products and services in the areas of insurance and investments. Specifically, the company offers products in the areas of life insurance, disability insurance, annuities, long-term care, mutual funds, financial planning, estate planning, trust services and other investment advisory services.
North American Company for Life and Health Insurance was founded in 1886 and is currently headquartered in Chicago, Illinois. North American, as it is commonly called, offers life insurance products to individuals. An overview of its life insurance products is as follows:
Term Life Insurance: Offers coverage for a specified term with guaranteed level premiums.
Nodak Mutual Insurance Company was founded in 1946 by North Dakota Farm Bureau with an aim to provide competitive products and superior service to meet the financial needs of its members. Nodak Mutual is headquartered in Fargo, North Dakota and serves the customers across the state.
Nodak Mutual’s product range include auto insurance, home insurance, annuities, crop insurance etc. to individuals and businesses. A brief overview of products offered by Nodal Mutual is as follows:
