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Executive benefits

Financial strength is vital for an executive benefits carrier

When it comes to bank- or credit union-owned life insurance, you need a company you can rely on. Securian Financial is just that. 

  • 8th largest insurance company in the U.S.1
  • $97.8 billion assets under management2
  • $29.5 billion in general account assets2
  • Comdex ranking: 963

Securian Financial Group, Inc. is the parent corporation of Minnesota Life Insurance Company and Securian Life Insurance Company, a New York authorized insurer. Certain financial highlights are presented at the parent level only. Assets under management includes an acquired majority interest in Asset Allocation & Management Company (AAM), a Securian Financial affiliate. Data as of December 31, 2020 unless otherwise noted.

Securian Financial's insurance company subsidiaries, Minnesota Life Insurance Company and Securian Life Insurance Company, a New York authorized insurer, receive high ratings from independent rating agencies that analyze the financial soundness and claims-paying ability of insurance companies.

These ratings reflect our stability, integrity, long-term focus and commitment to maintaining a strong balance sheet.

Market-dedicated products for executive benefits solutions

Life insurance can be a cost-effective strategy to offset the cost of executive benefits. Securian Financial has built two single premium universal life insurance policies exclusively for bank- and credit union-owned life insurance. These products are available on a single-life and multiple-life basis for bank-owned life insurance (BOLI) and credit union-owned life insurance (CUOLI).

Tailored solutions

In a market that’s always changing, we bring experience and a commitment to delivering innovation even as competitors exit. We work with financial professionals who work side-by-side with financial institutions and associations, creating customized programs and product options while bringing the expertise and agility to keep pace with regulatory updates.

We stand behind the products and services we offer. Working with your financial professional, we can develop a solution specific to your institution’s needs.

Simple online enrollment

We offer fully underwritten, simplified issue and guaranteed issue solutions to help streamline underwriting process. 

Online enrollment may be an ideal choice for your executives who are looking for fast, simple and convenient access to your employer-owned life insurance program. It’s great for busy executives working in multiple locations.

Online enrollment highlights

  • Quick online process
  • User-friendly experience
  • Customized with your company’s program details and contact information
  • Responsive design website adapts to desktop, tablet and mobile devices
  • Available for simplified issue and guaranteed issue underwriting

Contact info

Jennifer Ortale

National Vice President – Executive Benefits

Ridelle Pechacek

Sales Manager - Executive Benefits

Wade Allen

Case Consultant - Executive Benefits

Customized programs and product options

We offer a wide range of executive benefits solutions

Learn about our executive benefit products

Access executive benefits resources

Log in or register to learn more about our robust solutions for financial professionals.  

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1. A.M. Best's Statistical Study, U.S. Total Life, July 20, 2020. Based on 2019 total life insurance in force for Minnesota Life Insurance Group. Excludes insurance companies who are primarily reinsurers. 

2. As of March 31, 2021.

3. This ranking is current as of September 2021 and subject to change. Securian Financial has the 5th-highest Comdex rating possible. The Comdex is a composite ranking of an insurer’s ratings assigned by independent rating agencies. More than 200 companies are ranked on a scale of 1 (lowest) to 100 (highest), making it easier to compare a company across all insurers rated by at least two rating agencies. The Comdex is a product of Ebix Exchange and is not a rating. For more information, visit

For more information about the rating agencies and to see where our ratings rank compared to other ratings, visit

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

This information may contain a general discussion of the relevant federal tax laws. It is not intended for, nor can it be used by any taxpayer for the purpose of avoiding federal tax penalties. This information is provided to support the promotion or marketing of ideas that may benefit a taxpayer. Taxpayers should seek the advice of their own tax and legal advisors regarding any tax and legal issues applicable to their specific circumstances.

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

Policy loans and withdrawals may create an adverse tax result, in the event of a lapse or policy surrender, and will reduce both the surrender value and death benefit.

DOFU 9-2021