COUNTRY Financial vs Securian Financial (Minnesota Life)
Comprehensive side-by-side comparison of indexed universal life insurance companies
COUNTRY Financial
Founded: 1925
Bloomington, Illinois
Assets
$12 billion
IUL Experience
5+ years
Products
1
Avg Cap Rate
9%
Key Strengths
Offers IUL products
COUNTRY Financial Indexed Universal Life with 100% participation rate, 0% floor
Forbes #1 life insurance provider ranking (2024)
Securian Financial (Minnesota Life)
Founded: 1880
St. Paul, Minnesota
Assets
$5.5 billion+
IUL Experience
10+ years
Products
4
Avg Cap Rate
9%
Key Strengths
140+ year history
Eclipse Accumulator II with new Hindsight Account (60/40/0 split)
Low charges and transparency
Nearly $2B annuity sales (2023)
IPA Flex rider for customization
Detailed Feature Comparison
| Feature | COUNTRY Financial | Securian Financial (Minnesota Life) |
|---|---|---|
| Founded | 1925 | 1880 |
| Headquarters | Bloomington, Illinois | St. Paul, Minnesota |
| Assets Under Management | $12 billion | $5.5 billion+ |
| Years in IUL Business | 5+ years | 10+ years |
| Number of IUL Products | 1 | 4 |
| Typical Cap Rate Range | 8% - 10% | 8% - 10% |
| Participation Rates | 100% | 120% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks standard |