Securian Financial

Public facts

Group life and supplemental health

Securian Financial mutual-holding-company group life specialist (term, GUL, AD&D) plus supplemental health, issued by Minnesota Life and Securian Life.

Visit securian.com

Overview

Securian Financial Group’s employer business focuses on group life and supplemental health. Public pages state Securian issued its first group life policy in 1917, is the third-largest direct writer of group life in the United States by insurance in force, is a top group-life provider to 15 state governments, and counts 19 of the Fortune 100 among employer clients. More than 500 employers are cited as selecting Securian for products, administration technology, and service. Products named include group term life, group universal life (cash value, fixed credited rate, portability/conversion, living benefits), and AD&D. Issuing companies are Minnesota Life Insurance Company and Securian Life Insurance Company (New York authorized insurer). International group life is described with Zurich Insurance Group / Zurich Employee Benefits Network.

Why it matters Securian is a group-life specialist (including GUL and public-sector depth), not a full dental/disability supermarket.

Target buyer: Large employers, public-sector groups, and municipal accounts that want a group-life-centered carrier (including GUL) rather than a dental-first ancillary shop.
Pricing model: Quoted group life and supplemental-health premium; No public PEPM. Financial-strength ratings on the why-Securian page were as-of June 2023. Third-largest direct writer is Securian’s in-force ranking claim.
Availability: National
Research: Last researched 2026-08-23; Public facts category

Key features

Group term life
Group universal life with optional cash-value contributions via payroll or lump sum
AD&D
Supplemental health (bundled with life for possible discounts/tech credits; availability varies)
Enrollment, eligibility, beneficiary, and premium-deduction administration (vendor)
Portability, conversion, accelerated death benefit, and waiver of premium options on GUL

Integrations

Securian group-insurance servicing (7 a.m.–6 p.m. CT, Monday–Friday, contact page)
Zurich Employee Benefits Network for global employees (employer page)

Overview

Securian Financial (securian.com/employers) is a mutual holding company workplace-life franchise. Minnesota Life and Securian Life issue the coverage. The why-Securian page emphasizes long-term mutual-company orientation, administration technology, and group-life focus since 1917.

Scale claims (Securian): third-largest U.S. direct writer of group life by in-force; 15 state governments; 19 Fortune 100 employers; 500+ employer customers. Treat as vendor statistics.

Key Capabilities

Term life, GUL, AD&D.
GUL: guaranteed coverage options, waiver, portability/conversion, accelerated benefit, cash-value account at a minimum fixed rate, flexible extra premiums (GUL page). Policy form series 00-30252 (ML) / 14-32100 (SL) or state variations.
Supplemental health sold as a bundle with life (discounts/tech credits/rate-guarantee options may apply; state variation).
Employer admin: enrollment, eligibility, beneficiaries, deduction calc, cross-product reporting.

Integrations & Ecosystem

Group customer service hours published. Zurich for internationally mobile employees. A public Workday/ADP list was not on the employer pages reviewed.

Pricing

Quoted.

Notes & Limitations

Recorded as National.
Ratings snapshot on the why page is June 2023.
Cash-value/loans on GUL have tax and lapse risks disclosed on the product page (not repeated here as advice).

Sources

Tags: Securian · group life · GUL · AD&D · Minnesota Life