WebThe interest rate charged on Standard Policy Loans is declared by Midland National Life, but will never be more than the maximum standard policy loan interest rate printed in your policy. The interest rate credited to the loaned portion of your Policy Fund Value will equal the guaranteed interest rate printed in your policy (typically 3% per year). WebOriginally founded in 1906 as Dakota Mutual Life Insurance Company, Midland National has been serving families and protecting legacies for more than a century.
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