Securian Financial Enhances Its Flagship Indexed Universal Life Insurance Product

Business Wire

ST. PAUL, Minn.--(BUSINESS WIRE)--
Securian Financial has launched an enhanced version of its flagship indexed universal life (IUL) insurance product.

Eclipse Accumulator II IUL, an accumulation-focused product issued by Minnesota Life Insurance Company, includes everything financial professionals and their clients valued about its predecessor product—low charges, simplicity and transparency—plus new and unique indexed accounts.

“Eclipse Accumulator II IUL builds on our foundation and long history of leadership and innovation in the IUL marketplace,” said Chris Owens, Securian Financial’s vice president of distribution for Individual Solutions.

Product highlights include:

Two New Indexed Account Options

Hindsight Indexed Account¹ (S&P 500^®, Nasdaq 100^®, Russel 2000^®), with a 60/40/0 split, weighted on performance

Performance Trigger Indexed Account² (S&P 500^®)

Max illustrated rate as high as 6.59%

Eclipse Accumulator II IUL continues to offer the following indexed accounts that were available with its predecessor product:

S&P 500^®
S&P 500^® Low Volatility
S&P PRISM^SM

Competitive Distributions

Especially for clients ages 45 and younger and standard or better underwriting classes³

Competitive account value bonus in years 11+

Low charges, High Value

Charges remain low to ensure more client premium goes to growing their policy’s cash value—providing them with the potential for greater long-term value and more consistent performance during times of market volatility

Simple, Transparent Design

Like its predecessor, Eclipse Accumulator II IUL’s clear features and straightforward design allow clients to feel confident and in control of their financial future

Eclipse Accumulator II IUL is available for sale in all states except California, Florida, Oregon and New York. Eclipse Accumulator IUL will continue to be available in California, Florida and Oregon until Eclipse Accumulator II IUL is approved. The product line is not available in New York.

Financial professionals interested in learning more can contact Securian Financial’s sales team.

ABOUT SECURIAN FINANCIAL

To be confident in your financial future, you need to trust the strength and commitment of the companies you choose to work with. For more than 140 years, the Securian Financial family of companies has been developing innovative insurance and retirement solutions to meet the evolving needs of individuals, families and businesses. Offered through partnerships with employers, financial professionals and affinity groups, our products help bring peace of mind to more than 23 million customers throughout the United States and Canada. We are trusted by our partners and customers to fulfill our purpose of helping to build secure tomorrows. For more information about Securian Financial, visit securian.com or follow us on Facebook, Instagram or LinkedIn.

1. The Hindsight index is made up of the following indices: S&P 500®; Nasdaq 100®; Russell 2000®. Each index within the hindsight account is weighted based on performance (60 percent of the highest performing index; 40 percent from the second highest; and 0 percent from the third). The weight is used when calculating the return of the index and amount credited to the policy, and is subject to a cap.

2. If the index growth rate for a performance trigger account is positive, the segment growth rate will be equal to the trigger rate. If the index growth rate is 0.00% or less, the segment growth rate will be 0.00%.

3. Source: All illustration and benchmarking data provided by Competitor Illustration Software, January 2025. This comparison does not take all material factors into account and must not be used with the public. These factors include but are not limited to: indexed account options, rider availability, surrender periods, or fees and expenses. For information regarding these and other factors, please consult each company’s respective policy guide.

Depending upon actual policy experience, the Owner may need to increase premium payments to keep the policy in force.

The Indexed Universal Life Series is designed first and foremost to provide life insurance protection. While the indexed crediting options are attractive for cash accumulation, the product should always be promoted to first meet the death benefit needs of families and businesses with cash accumulation as a secondary benefit.

Life insurance products contain charges, such as Cost of Insurance Charge, Cash Extra Charge, and Additional Agreements Charge (which we refer to as mortality charges), and Premium Charge, Monthly Policy Charge, Policy Issue Charge, Transaction Charge, Index Segment Charge, and Surrender Charge (which we refer to as expense charges). These charges may increase over time, and this policy may contain restrictions, such as surrender periods. Policyholders could lose money in this product.

The “S&P 500 Index”, "S&P PRISM Index" and "S&P 500 Low Volatility Index" are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and have been licensed for use by Minnesota Life Insurance Company (Minnesota Life). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Minnesota Life. Indexed Universal Life Insurance Policy Series is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index, S&P PRISM Index or the S&P Low Volatility Index.

Russell Investment group. Russell 2000® is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000® Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000® is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks do not affect the performance and characteristics of the true small-cap index. Russell 2000® is a registered service mark of Frank Russell Company. The Indexed Universal Life Series (“the Policies”) are not sponsored, endorsed, sold or promoted by Russell Investment Group and the Russell Investment Group makes no representation regarding the advisability of the Policies or use of the Russell 2000® Index or any data included therein.

Russell Investment Group is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell® is a trademark of Russell Investment Group.

Nasdaq®, Nasdaq-100 Index®; Nasdaq-100®l NDX®, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Minnesota Life Insurance Company. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Policy loans and withdrawals may create an adverse tax result in the event of lapse or policy surrender and will reduce both the surrender value and death benefit. Withdrawals may be subject to taxation within the first fifteen years of the contract. You should consult your tax advisor when considering taking a policy loan or withdrawal.

Index crediting bonus is not available in the state of New York, is not guaranteed and may be added to the accumulation value as a reimbursement of expenses by Minnesota Life Insurance Company.

Insurance products are issued by Minnesota Life Insurance Company in all states except New York. In New York, products are issued by Securian Life Insurance Company, a New York authorized insurer. Minnesota Life is not an authorized New York insurer and does not do insurance business in New York. Both companies are headquartered in St. Paul, MN. Product availability and features may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues.

This is a general communication for informational and educational purposes. The information is not designed, or intended, to be applicable to any person’s individual circumstances. It should not be considered investment advice, nor does it constitute a recommendation that anyone engage in (or refrain from) a particular course of action. If you are seeking investment advice or recommendations, please contact your financial professional.

Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Minnesota Life Insurance Company and Securian Life Insurance Company are subsidiaries of Securian Financial Group, Inc.

Policy form numbers: ICC19-20204, 19-20204 and any state variations; 15-20024 and any state variations.

Not a deposit — Not FDIC/NCUA insured — Not insured by any federal government agency — Not guaranteed by any bank or credit union — May go down in value.

DOFU 2-2025

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