Introducing VUL Survivor

Securian Financial’s newest life insurance option, Variable Universal Life (VUL) Survivor, is now available for sale. A second-to-die policy, VUL Survivor is designed to give your clients life insurance coverage that can grow with them and fit their changing needs.

VUL Survivor also provides:

· Cost savings - Maximize premium dollars by purchasing one policy vs. two individual policies.

· No-lapse guarantee - Add a lifetime of guaranteed coverage at an affordable price — no matter policy performance.

· Estate planning solution - Use as part of your client’s estate plan for legacy or tax planning, charitable giving or even special needs.

· Cash value growth potential - Over 70 variable sub-account options, fixed indexed accounts and a guaranteed interest account.

· Competitive max distributions - For supplemental retirement income, estate planning needs or money for an unexpected emergency.

See if VUL Survivor may be a good fit for your clients.

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VUL Defender product reprice and enhancements

As of May 1, 2023, VUL Defender® now has new and improved pricing in many cells, primarily for 10-pay and lifetime pay policies, along with product improvements that can make it an attractive option for clients looking for lifetime guarantees. Check out some of the highlights of these exciting updates!

Highlights

· Repriced to be more competitive in short pay and lifetime pay designs.

o VUL Defender ranks #1 77% of the time when it comes to lifetime guarantees¹

o #1 - 85% of the time for ages 60 and under

o #1 – 100% of the time for ages 40-60²

· New non-tobacco plus (NT+) underwriting class

o Standard rates will change slightly as a result of adding this underwriting class.

· Changes when including No Lapse Guarantee Agreement (NLGA)

o Waiver of the fund allocation restrictions that previously placed limits on the percentage of net premium allocations, transfers and rebalancing that can be allocated to variable sub-accounts.

o The fund allocation restrictions have been waived on in force and new sales of VUL Defender. We reserve the right to enforce the limits in the future. A new amendment reflecting this change will be sent to all existing policyholders and included with any new policies sold. Allocation forms have also been updated to reflect this change.

o Monthly or quarterly automatic rebalancing is no longer required when adding NLGA.

Get competitive materials, sales ideas, product resources and more!

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1. Average premium ranking based on combined averages for VUL Defender against top competitors for the following scenarios: lifetime no-lapse guarantee, ages 20-75, male/female across all offered underwriting classes, full, ten and single pay, death benefit amounts of $250,000, $500,000 and $1M. Companies/products included:

Companies and products included in this comparison:

• Lincoln Financial: VULONE

• Nationwide: VUL Protector

• Pacific Life: Pacific Admiral VUL

• Penn Mutual: Protection VUL

• Prudential: VUL Protector

• Securian Financial: VUL Defender®

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: applicable separate account and indexed account options, rider availability, surrender periods, or fees and expenses. For information regarding these and other factors please consult each company’s respective prospectus.

2. Average premium ranking based on combined averages for VUL Defender against top competitors for all death benefit options, genders and payment structures

Please keep in mind that the primary reason to purchase a life insurance product is the death benefit.

Product features and availability may vary by state.

Guarantees are based on the claims paying ability of the issuing company.

Variable life insurance products contain fees, such as mortality and expense charges, and may contain restrictions, such as surrender periods. There may also be underlying fund charges and expenses, and additional charges for riders that customize a policy to fit individual needs. Charges and expenses may increase over time. The variable investment options are subject to market risk, including loss of principal.

The No Lapse Guarantee Agreement is subject to the terms and conditions contained in the policy and may not be in effect even if premium payments are made. Please review the policy carefully.

Additional agreements may be available. Agreements may be subject to additional costs and restrictions. Agreements may not be available in all states or may exist under a different name in various states and may not be available in combination with other agreements.

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. Clients should consult their tax advisor when considering taking a policy loan or withdrawal.

These materials are for informational and educational purposes only and are 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. Securian Financial Group, and its subsidiaries, have a financial interest in the sale of their products.

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. Securities offered through Securian Financial Services, Inc., member FINRA/SIPC, 400 Robert Street North, St. Paul, MN 55101-2098, 1-800-820-4205.

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.

For financial professional use only. Not for use with the public. This material may not be reproduced in any form where it would be accessible to the general public.

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DOFU 6-2023

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