Our products

We emphasize creativity and flexibility in working with employers who have complex needs. We recognize that needs change over time and we support plan sponsors by working together to accommodate change. We start with state-of-the-art products and services, then tailor-make solutions to fit clients' needs.

Our products meet …

… employers' changing needs
Life insurance is a valuable benefit employers provide for their employees. It helps them:

• Attract and retain high-caliber employees.
• Take advantage of a tax-deductible business expense on any premium payments it makes.
• Use group buying power to secure competitive premium rates.

… employees’ changing needs
For employees, life insurance protection is a valuable benefit. As employees enter new life stages, like:

• buying a home
• marrying
• having children

their financial protection needs change. As they advance to higher level positions, their goals change.

Minnesota Life has always been a step ahead — on the leading edge — with products to meet these changing needs.

» Group Term Life Insurance
A foundation of life insurance protection. The employer pays the basic coverage. If employers offer the supplemental option, employees may contribute to increase their coverage.

» Portable Term Life Insurance
Unlike conventional group term life insurance that terminates when employment ends, portable term continues protection for the term the employee chooses.

» Group Universal Life Insurance
Portable group life insurance protection. Employees can accumulate cash on a tax-deferred basis in Minnesota Life's Guaranteed Account.

» Variable Group Universal Life Insurance
Portable group life insurance protection with the ability to accumulate cash on a tax-deferred basis in a variety of variable subaccounts. (Variable products offered through Securian Financial Services, Inc., Member FINRA/SIPC. 400 Robert St. N., St. Paul, MN 55101 1-888-237-1038.)

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