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Life insurance
as an employee benefit

Life insurance
programs

Online services

Implementation

Alliances
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Minnesota Life — a leader in designing and
administering flexible life insurance
Any insurance program is a long-term partnership. When developing a program
for highly compensated executives it's especially critical to work with
a carrier that has a track record of superior performance. Minnesota Life
has both the credentials and the experience to design and service an executive
benefits program that exceeds expectations. We offer you:
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Maximum product flexibility to design a program that meets
employee needs from basic Group Term to Variable Universal Life with
value added features such as accelerated death benefit, accidental
death, business travel accident and beneficiary financial counseling.

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Investment expertise With more than 20 different
investment options, from well-known firms such as Fidelity Investments
and Franklin Templeton, Minnesota Life's Variable Group Universal
Life insurance plan provides a wide range of choices to help executives
accomplish their financial goals. Our Model Accumulation Portfolio
System (MAPS) provides an objective, systematic way to help them choose
an asset allocation strategy right for them.
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Market experience We bring more than 80 years of experience
in group life insurance to employers. We insure some of the country's
largest employers, municipalities and associations.
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Industry-leading technology Our technologies can help lower
your costs as well. A technology leader, Minnesota Life was the first
group life insurer to offer online enrollment, online account management,
electronic signature and electronic document distribution to large
employer groups. We use technology to make life easier for you.
» View a demo of our capabilities
» Order
our technology innovations package
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Implementation and administration services that set the standard
for the group life insurance business. Customer feedback guides our
process — we are constantly on the lookout for better and quicker
ways to do business. Employees notice and appreciate the friendly
and competent service they receive — in a 2003 customer satisfaction
survey, nearly all clients (99%) rated our overall service quality
high and said they would recommend Minnesota Life to another company.
For innovative ideas on using group life insurance to structure or fund
executive benefits programs, contact
your Minnesota Life Group Life sales manager or Ed
Eller, national sales manager, Universal Life products.
» Order
our Group Insurance capabilities package
» View
the current VGUL prospectus (pdf, 1.3Mb)
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How
is VGUL different from an individual life insurance policy?
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Underwriting uses an experience approach |
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Administration and billing systems are designed for groups |
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Employers get flexibility in pricing, plan design and administration |
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Composite group illustrations provided |
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Lower up-front fees |
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No surrender charges at the termination of the contract |
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