Compare Haven Life vs. Northwestern Mutual Life Insurance

What’s the difference between Haven Life Insurance and Northwestern Mutual Life Insurance? See how our editors compare the two companies below.
Last Updated: January 15, 2018
Disclosure: We receive advertising revenue from some partners. 
Learn more.
Haven Life Insurance
9.5 / 10 - Excellent
#2 in Life Insurance
Northwestern Mutual
9.2 / 10 - Excellent
no_rank
vs

Key Facts

  • Up to $2,000,000 in coverage
  • Affordable and competitive rates
  • Immediate coverage decision
  • Commission-free
  • Available to adults aged 18-65
  • Comprehensive price comparison tool
  • Entirely online and intuitive application process
  • High quality policy backed by MassMutual, an A++ A.M. Best rated insurer
  • Strong financial rating
  • Build cash value with flexible premiums
  • Guaranteed death benefits
  • Living/ accelerated death benefits
  • Spouse protection

OVERALL RATINGS

 Haven LifeNorthwestern Mutual
Financial Strength10/1010/10
Customer Experience10/1010/10
Policies10/109/10
Flexibility8/107/10

Financial Strength

Key Details

 Haven LifeNorthwestern Mutual
Underwriter
MassMutual
Marketshare 2016
4.11%
8.43%
Premiums Written 2016
$4,901,677,526
$10,067,144,919
Standard & Poor's Financial Rating
AA+
AA+
Moody's Financial Rating
Aa2
Aaa
AM Best Financial Rating
A++
A++
*The above information reflects the financial strength of the underwriter of the Haven Life life insurance policies: MassMutual.

Reputation & Customer Experience

National Association of Insurance Commissioners

 Haven LifeNorthwestern Mutual
NAICS Complaint Ratio 2016
0.04
0.03
NAICS Total Complaints 2016
14
22
*The NAICS complaint ratio (in this case 0.04) is a ratio of the number of complaints a company received to the its total premiums written in a calendar year. The median complaint ratio across all companies is 1. A score below 1 means the company received fewer than average complaints. A score above 1 means the company received a higher number of complaints than average.
*The NAICS complaint ratio (in this case 0.03) is a ratio of the number of complaints a company received to the its total premiums written in a calendar year. The median complaint ratio across all companies is 1. A score below 1 means the company received fewer than average complaints. A score above 1 means the company received a higher number of complaints than average.

Customer Ratings

 Haven LifeNorthwestern Mutual
Trust Pilot Rating
9.3 out of 10
BBB Rating
A+
A+
Date Collected
2017-07-27
2017-12-12

Policy Differences

Haven Life offers customers the following life insurance policies: Term. Because we feel that Term Life insurance is a superior choice for most customers, we've focused our review on the Haven Life Term Life policy.
Northwestern Mutual offers customers the following life insurance policies: Term, Whole Life, Universal Life. Because we feel that Term Life insurance is a superior choice for most customers, we've focused our review on the Northwestern Mutual Term Life policy.

Term Life Insurance

 Haven LifeNorthwestern Mutual
Minimum Age
18
Maximum Age
65
Maximum Death Benefit
$2,000,000
Available Terms
10 year
15 year
20 year
30 year

Key Term Policy Features

Haven Life
vs
Northwestern Mutual
  • Guaranteed Level Premiums
  • Guaranteed Renewability
  • Waiver of Premium
  • Accelerated Death Benefit
  • Term-Permanent Conversions
  • Guaranteed Level Premiums
  • Guaranteed Renewability
  • Waiver of Premium
  • Accelerated Death Benefit

Flexibility & Available Riders

Haven Life
vs
Northwestern Mutual
  • Disability Income Rider
  • Guaranteed Insurability Rider
  • Long-Term Care Rider

Additional Company Information

 Haven LifeNorthwestern Mutual
Homepage URL
Company Phone
(855) 744-2836
(414) 271-1444
Headquarters Address
60 Madison Ave Fl 7, New York, NY, 10010
720 East Wisconsin Ave., Milwaukee, WI, 53202
Year Founded
2013
1857

Final Verdict

Haven Life Insurance has a higher overall rating than Northwestern Mutual Life Insurance. Haven Life scores better than Northwestern Mutual across: Customer Experience, Policies, Flexibility, Help and Support, and Online Presence. Both companies score similarly on Financial Strength.