Minnesota Life Insurance Company
Minnesota Life Insurance Company insurance, pension and investment products provide financial security to millions of individuals and businesses nationwide. Founded in 1880, our record of financial strength and stability positions us as one of the most highly rated financial institutions in America.
Life Insurance Products
Life insurance ensures your family is financially protected should you die. It can help them maintain their quality of life and help achieve their financial goals. Depending on whether you purchase term or permanent insurance, life insurance can also have many other financial benefits.
Term life insurance
Term life insurance is an affordable choice that provides temporary coverage for a specific number of years. Premiums are the same throughout the term and pay for insurance only. The value of the policy is the death benefit. You may have the option to convert to permanent coverage at certain intervals in the term.
Permanent life insurance
Permanent life insurance provides lifetime insurance coverage and potential cash value growth. This tax-advantaged cash value can be used for emergencies or as supplemental retirement income. Its death benefit can be used for individual needs or as a business solution. The premiums you pay may be the same throughout your lifetime – or they can adjust based on budget changes.
There are many different types of permanent life insurance. Securian offers the following choices:
- Whole life insuranceWhole life insurance provides a lifetime of coverage in its purest form. It offers guaranteed premiums, cash value and a death benefit.
- Universal life insuranceUniversal life insurance offers flexible premium payments. This allows you to adjust your premium payments as needed.
- Indexed life insurance Indexed life insurance has interest crediting potential tied to changes in an index account or accounts. The crediting potential has a cap and floor, or maximum and minimum.
- Variable life insuranceVariable life insurance offers the potential to accumulate non-guaranteed cash value based on the performance of investment choices called subaccounts. These separate accounts include stocks, bonds, international accounts and guaranteed accounts.
- Survivorship life insurance Survivorship life insurance provides coverage for two people, with benefits paid when the second insured dies.
- Adjustable life insuranceAdjustable life insurance allows you to adjust your premium, death benefit and total coverage amount as your budget and life change.
