Minnesota Life Insurance (Securian) vs Mutual of Omaha Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
Minnesota Life Insurance (Securian)
Founded: 1880
St. Paul, Minnesota
Assets
$5.5 billion+ assets
IUL Experience
10+ years
Products
3
Avg Cap Rate
9%
Key Strengths
Same as Securian (#15)
Eclipse Accumulator II IUL, Eclipse Protector II, Orion IUL
145 years operating
Mutual of Omaha Insurance Company
Founded: 1909
Omaha, Nebraska
Assets
$42 billion (Fortune 500)
IUL Experience
15+ years
Products
3
Avg Cap Rate
10%
Key Strengths
12% cap rates (among highest in industry)
Industry-leading policy structure for cash value growth
Streamlined fees during 0% floor years
Fortune 500 company
116+ years of history
Detailed Feature Comparison
| Feature | Minnesota Life Insurance (Securian) | Mutual of Omaha Insurance Company |
|---|---|---|
| Founded | 1880 | 1909 |
| Headquarters | St. Paul, Minnesota | Omaha, Nebraska |
| Assets Under Management | $5.5 billion+ assets | $42 billion (Fortune 500) |
| Years in IUL Business | 10+ years | 15+ years |
| Number of IUL Products | 3 | 3 |
| Typical Cap Rate Range | 8% - 10% | 7% - 12% |
| Participation Rates | 120% | 100% |
| Minimum Premium | $5,000 annual | $100,000 (IUL Express Easy Solve option) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-3 weeks standard |