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
- $93.4 billion assets under management2
- $25.7 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, 2019 unless otherwise noted.
Securian Financial's insurance company affiliates, 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.
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).
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