Ameritas Life vs Minnesota Life Insurance (Securian)
Comprehensive side-by-side comparison of indexed universal life insurance companies
Ameritas Life
Founded: 1887
Lincoln, Nebraska
Assets
$20 billion
IUL Experience
3+ years
Products
4
Avg Cap Rate
9.5%
Key Strengths
Offers 4+ IUL products
Growth IUL, FLX IUL, Ethos IUL (partnership)
Instant underwriting (launched Sept 2023 with Ethos)
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
Detailed Feature Comparison
| Feature | Ameritas Life | Minnesota Life Insurance (Securian) |
|---|---|---|
| Founded | 1887 | 1880 |
| Headquarters | Lincoln, Nebraska | St. Paul, Minnesota |
| Assets Under Management | $20 billion | $5.5 billion+ assets |
| Years in IUL Business | 3+ years | 10+ years |
| Number of IUL Products | 4 | 3 |
| Typical Cap Rate Range | 8% - 11% | 8% - 10% |
| Participation Rates | 115% | 120% |
| Minimum Premium | $3,600 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | Instant to 3 weeks | 2-4 weeks |