Filed Under:Life Insurance, Life Products

Minnesota Life Adds Two Index Options

(AP Photo/M. Spencer Green, File)
(AP Photo/M. Spencer Green, File)

Minnesota Life Insurance Company has added two index options to its Eclipse Indexed Universal Life Insurance products in the hopes providing more options for higher interest crediting to its indexed life clients.

The subsidiary of Securian Financial Group feels that the two new index options are a good fit for individuals who want life insurance protection while being able to amass funds that can be used in retirement or for some other financial goal. The company asserts that the Eclipse Indexed Life products are chiefly life insurance products that contain crediting options for cash accumulation as secondary benefit.

The two new index options are the S&P 500 with three-year time period and 140 percent plan participation, offering a higher cap than the one-year option and an amalgamated option that includes the S&P 500, Russell 2000, EURO STOXX 50 and the Barclays US Aggregate Bond index.

Featured Video

Most Recent Videos

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Protesters Disrupt WellPoint Annual Meeting

Provided by LIFEHEALTHPRO

Hecklers call for more disclosures of information about political contributions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.