Midland National Life — don't buy their products
Don't do business with Midland National Life! Their history with their insurance sales practices is VERY concerning. Midland National Life Insurance has had lawsuits filed against them in several states. You can see these lawsuits at: http://www.midland-national-life-review.com.
The Minnesota State Attorney General's Office filed against Midland National Life in 2007, alleging the company was making inappropriate long-term annuity sales to seniors. There have been similar class action lawsuits filed against them in California, Iowa, Hawaii, and Rhode Island. They have been fined in Arizona twice as well.
This is a link to a published news report on a recent lawsuit filed against Midland National Life, Sioux Falls, South Dakota: http://www.businessweek.com/ap/financialnews/D9F71FFO0.htm
THINK and do some research before giving this company any of your money..in my opinion Midland National Life is like several of the other big companies in the news today - known to take your money and completely disrespect their customers (and in these cases ripping people off!).