Fitch Ratings affirms Securian Financial’s AA rating and stable outlook

Cites our extremely strong capitalization, very strong investment asset and risk profile, and diverse earnings profile On Friday, May 8, 2020, Fitch Ratings affirmed the insurance financial strength rating for Securian Financial at AA (Very Strong) and maintained our Stable outlook. The AA (Very Strong) rating is Fitch’s third highest of 19 ratings. The rating and outlook apply to Securian Financial affiliates Minnesota Life Insurance Company and Securian Life Insurance Company. Major rating agencies are reevaluating insurance companies due to the impact of the COVID-19 pandemic. This announcement follows Fitch’s recent decision to revise their Rating Outlook on the U.S.
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Categories: Industry News, Life Insurance, and Securian.

Securian answers Minnesota nurses’ call for masks in a big way

Nicole Hansen with Securian Financial and Rick Fuentes with the Minnesota Nurses Association load up a dolly with cases of protective masks at the MNA offices at 345 Randolph Ave. in St. Paul on Saturday, March 21, 2020. Securian had stockpiled protective masks in a warehouse in case of emergency. (John Autey / Pioneer Press)   The Minnesota Nurses Association began its protective-mask donation drive with a bang on Saturday. Securian Financial in St. Paul donated 20,200 masks to help fill the “drastic” shortage health care workers say they face in the fight against the COVID-19 pandemic. “We are all
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Categories: COVID-19, Industry News, Life Insurance, and Securian.

Securian Financial reports strong 2019

Securian Financial reports strong 2019 February 24, 2020 ST. PAUL, Minn. –(BUSINESS WIRE)–Securian Financial announced preliminary 2019 financial results at its annual all-company meeting last week, highlighted by strong revenue growth and increased community giving. “In 2019, we delivered excellent operating performance consistent with our 140-year history of outstanding financial strength,” said Chris Hilger, Securian Financial’s chairman, president and CEO. “At the same time, we invested in our strategic business priorities and enhanced our community commitment. Most importantly, we again fulfilled our purpose by paying $5.6 billion in statutory benefits to our customers and their families when they needed us
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Categories: Industry News, Life Insurance, and Securian.

Eclipse Protector II IUL: Get 3 benefits in 1

Eclipse Protector II IUL: Get 3 benefits in 1 When you think about long-term guarantees and competitive premiums, Guaranteed Universal Life (GUL) may come to mind. But if your clients are looking for affordable, lifetime protection and greater potential for cash accumulation – you may want to consider Indexed Universal Life (IUL) insurance. Find out how Eclipse Protector II IUL compares by offering the best of both worlds.   View Flyer     Contact Us Questions? Please call Securian’s Life Sales Support Team at 1-888-413-7860, option 1.   Eclipse Protector II IUL: Get 3 benefits in 1   #goldencareagent #minnesotalife
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Categories: Industry News, Life Insurance, and Securian.

Life insurance inforce payments going to new address

Important announcement: Life insurance inforce payments going to new address Effective February 2020, all life insurance payments for inforce policies will go to our new PO Box addresses – one for Securian Life Insurance Company and another for Minnesota Life Insurance Company. If payments are sent to our old address after this date, they will be forwarded to Securian Financials’ home office until 2021. Please note, for clients with direct billing payments through a bank, they may need to update our address with their bank. Here are the new addresses for life insurance payments: Securian Life policies: Securian Life Insurance
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Categories: Industry News, Life Insurance, and Securian.