Minnesota Life

Minnesota Life Insurance (now known as Securian Financial Group) offers term, whole, universal, indexed, variable, and survivorship life insurance. Founded in 1880, Minnesota Life pioneered Adjustable Life, the first flexible life insurance policy. The company now has approximately 5,000 employees and sells through career agents. Learn more in our Minnesota Life company overview below.

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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UPDATED: Jun 4, 2021

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Company Details
Address: 400 Robert Street North
City: St. Paul
State: MN
ZIP Code: 55101-2098
Phone Number: 651-665-3500
AM Best Rating: A+
URL where was collected the AM Best Rating: http://www.ambest.com/ratings/
Lines of Insurance: care, life
States Licensed To Sell Insurance In: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Type of Insurance Company: Stock
Parent Company: Securian Financial Group
Top executive Contact: Robert L. Senkler
Title of Top executive: CEO
Assets & Premiums:

Assets: $34.168 billionPremiums: $331.342 millionS&P rating: A- (very strong)Moody’s rating: Aa2 (excellent)Fitch rating: AA (very strong)

Company Rating 1.37 (38 reviews)

Company Overview:



Company History: Founded in 1880, Minnesota Life pioneered Adjustable Life, the first flexible life insurance policy. The company now has approximately 5,000 employees.

Ready to buy a life insurance policy? Compare life insurance quotes now.

Principle Sales Methods: Career agents.

Life Annuity Business: Minnesota Life offers Term, Whole, Universal, Indexed, Variable, and Survivorship life insurance.

Term life insurance incorporates premiums that are the same throughout the term and only pay for insurance. You are given the option to switch to permanent coverage during particular intervals in the given term.

Permanent life insurance offers potential cash value growth and lifetime insurance coverage. The tax-advantaged cash value given may be used as part of your retirement income or for emergencies. You may use the death benefit as a business solution or for individual needs.

Special Business: Minnesota life offers retirement plans. The company also offers group insurance for employers.

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