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Surrender value enhancement agreement

Our Surrender Value Enhancement Agreement (SVEA) is designed for your clients with business and estate planning needs.

This agreement provides a return of premium benefit upon surrender during the SVEA benefit period.


  • Guarantees surrender values will be no less than 100% of cumulative premiums paid during the first three years1
  • Ideal for business owners desiring higher cash value in the early years of their business

1. If contract is not funded with a Premium Deposit Account, the surrender value will be no less than 100% of the cumulative premiums paid during the first three years, less 5% of the Initial Premium Payment Threshold.


  • Must be a business-owned or business-sponsored policy
  • Initial Premium Payment Threshold must be paid at policy issue
  • Requires use of Early Values Agreement
  • Threshold premium for subsequent years must be paid within 30 days from the policy anniversary date


Products with the Surrender Value Enhancement Agreement:

Next steps

Additional resources available on our secured site

Get access to these and other tools on our secured website for financial professionals.

Please keep in mind that the primary reason to purchase a life insurance product is the death benefit. 

Life insurance products contain fees, such as mortality and expense charges (which may increase over time), and may contain restrictions such as surrender charges.

Insurance policy guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. 

Additional agreements may be available. Agreements may be subject to additional costs and restrictions. Agreements may not be available in all states or may exist under a different name in various states and may not be available in combination with other agreements.

Surrender of policy in years one through three will result in proportionate charge-back on advisor compensation.

Insurance products issued by Minnesota Life Insurance Company / Securian Life Insurance Company

Policy form numbers:  ICC13-937, 13-937 and any state variations; SL-13-937; ICC19-20204, 19-20204 and any state variations; 18-20155

The information presented above is solely intended for use by financial professionals. Such information is not intended for public consumption or dissemination.

For financial professional use only. Not for use with the public. This material may not be reproduced in any form where it is accessible to the general public.

DOFU 12-2022