Beneficiary counseling

Our commitment to service doesn't end with a payment
The death of a loved one can leave a family's financial matters in a state of disarray. In keeping with our commitment to distinguished service and security, Minnesota Life Insurance Company has selected PricewaterhouseCoopers (PwC) to provide objective financial counseling for beneficiaries of our group life insurance plans.

Sound advice — no strings attached
When you choose Minnesota Life as your group life insurance provider, you have the option to reward your employees and their insured spouses by providing their surviving beneficiaries with objective and independent financial advice. PwC, an industry leader in financial planning, wealth management and counseling services, will help benefit recipients make sound decisions about pressing financial issues, as well as the disposition of life insurance proceeds, without any pressure to buy other financial products.

The beneficiary financial counseling services described are provided by, and are the sole responsibility of, PricewaterhouseCoopers. These services are not affiliated with Minnesota Life or its policyholders. Minnesota Life does not share information with PwC without the prior consent of the beneficiary.

The program offers three levels of service to beneficiaries

Beneficiary counseling

Who is eligible?
To be eligible for the beneficiary counseling service, employees and their spouses must be insured through their employer under a group life insurance policy underwritten by Minnesota Life that includes beneficiary counseling.

Proceeds must be $25,000 or more, based on all coverage with Minnesota Life. If there are multiple beneficiaries, the level of service is based on each individual beneficiary's proceeds. Accidental death and dismemberment proceeds are not considered in determining total proceeds. Beneficiaries of an insured whose coverage has been ported are not covered. Individual, but not institutional, guardians are covered.

Retirees are covered if retiree experience is included with active employees' experience under the insurance plan.

PricewaterhouseCoopers resources

PwC Beneficiary Guide
A reference guide that delivers easy-to-follow guidance on estate settlement matters, survivor benefits, financial planning and nonfinancial issues.

PwC eAdvisor
An integrated planning tool that provides beneficiaries access to online financial calculators, life event guides, news, articles, online financial planning courses and more.

Your Money, Your Future
PwC's bimonthly electronic financial planning newsletter accessed through PwC eAdvisor.

Personalized Financial Analysis — A computer-generated, easy-to-read and thorough financial plan designed to help beneficiaries understand their overall financial situation and strategize for the future.

CounseLine
Unlimited toll-free telephone access to PwC financial counselors for one year. Beneficiaries can call for information and general assistance on matters including taxes, estate planning, budgeting, IRAs and other financial planning issues.

Personal financialcounseling
Six months of proactive calls from a PwC counselor. A beneficiary is matched with an experienced PwC financial coach for an in-depth financial counseling session conducted face to face or by telephone, depending on the beneficiary's location.

Neither PwC nor its employees are involved in the sale or endorsement of investment or insurance products.

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