Advanced applications: Advantage Term Life insurance — the individual solution for executive group needs

A one-stop solution for executive life insurance
Human Resources professionals agree that a one-stop solution for individual term life - same product, same company, same treatment of executive employees no matter where they reside - would be ideal. And, if they could work with the same company that provides group life insurance benefits to the rest of their employees, all the better.

The best of both worlds
Minnesota Life combines the best of both worlds by providing individual term life insurance nationally through group distribution. The same division of Minnesota Life that provides Group Life insurance to employer groups also employs a team of Individual Term Life specialists.

"When a client needs insurance above a group plan maximum to cover an executive or a group of executives, we call in our Individual Term Life specialists," explains Von Peterson, client relationship director, who oversees the unit. "They work with each executive individually to determine the appropriate coverage amount, complete the application and follow the progress of the application through Minnesota Life's underwriting and administrative areas. We know that that's the kind of special attention Human Resources managers and company executives appreciate."

Minnesota Life also offers solutions for integrating the enrollment and reporting of group life plans with individual term life to provide seamless service to highly-paid individuals and save time for already-busy Human Resources managers.

Interested in Advantage Term Life insurance for your group?

Is this product right for your group?
Advantage Term Life Insurance gives you the ability to customize a program to meet benefit needs exclusive to executives. For example, Advantage Term Life can provide:

• Protection to an executive who is not insurable under the employer group life plan.
• Amounts of coverage beyond the group life insurance plan maximum.
• Additional coverage to fulfill agreements that specify a certain level of life insurance.
• Personalized service without the involvement of a life insurance agent.

Looking for individual coverage on a national basis? Minnesota Life has the answer, using the same employer-carrier partnerships already in place for group insurance benefits. To learn more, contact your Minnesota Life regional Group Life sales manager or see our Advantage web site.

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