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Securian Financial, operating through its primary subsidiary Minnesota Life Insurance Company, is a mutual holding company founded in 1880 and headquartered in St. Paul, Minnesota. Securian is a strong, stable carrier for both individual and group life insurance, with a broad permanent product portfolio and competitive term pricing.

AM Best Rating: A+ (Superior)

Securian Financial carries an A+ (Superior) rating from AM Best, reflecting outstanding financial strength and 140+ years of stability as a mutual organization.

Term Life Insurance

Competitive term products in 10, 15, 20, and 30-year durations. Securian offers streamlined underwriting and solid pricing across many age and health profiles.

Indexed Universal Life (IUL)

Securian’s Eclipse IUL product is a competitive offering for retirement income planning and cash value accumulation. Multiple indexing strategies with competitive cap rates.

Group Life Insurance

Securian is a major provider of group life and disability insurance for employers, a capability that complements their individual product portfolio for business clients.

Mutual Structure — Long-Term Stability

As a mutual holding company, Securian is structured for long-term policyholder benefit rather than short-term shareholder returns — a distinction that has contributed to their 140+ year stability.

Best For

Buyers seeking a highly rated, stable carrier with competitive term and IUL products; businesses with both individual and group coverage needs; clients in the Midwest and nationally.

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