Minnesota Life Insurance (Securian) vs Ethos Life
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
Ethos Life
Founded: 2016
San Francisco, California
Assets
Insurance agency (not carrier)
IUL Experience
2+ years
Products
1
Avg Cap Rate
9%
Key Strengths
Partners with Ameritas for Ethos IUL
90%+ instant decisions
Entirely digital platform
Detailed Feature Comparison
| Feature | Minnesota Life Insurance (Securian) | Ethos Life |
|---|---|---|
| Founded | 1880 | 2016 |
| Headquarters | St. Paul, Minnesota | San Francisco, California |
| Assets Under Management | $5.5 billion+ assets | Insurance agency (not carrier) |
| Years in IUL Business | 10+ years | 2+ years |
| Number of IUL Products | 3 | 1 |
| Typical Cap Rate Range | 8% - 10% | 8% - 10% |
| Participation Rates | 120% | 110% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 20-65 |
| Underwriting Speed | 2-4 weeks | Instant (90%+) |