Minnesota Life Insurance (Securian) vs MassMutual

Comprehensive side-by-side comparison of indexed universal life insurance companies

Updated 2025
Independent Analysis
Professional Ratings

Minnesota Life Insurance (Securian)

Founded: 1880

St. Paul, Minnesota

Financial Strength Ratings

AM Best A+
S&P AA-
Moody's A1
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
Visit Minnesota Life Insurance (Securian) Website →

MassMutual

Founded: 1851

Springfield, Massachusetts

Financial Strength Ratings

AM Best A++
S&P AA+
Moody's Aa2
Assets
$950 billion+ life protection in force
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A

Key Strengths

Does NOT offer IUL
Focuses on whole life products
Visit MassMutual Website →

Detailed Feature Comparison

Feature Minnesota Life Insurance (Securian) MassMutual
Founded 1880 1851
Headquarters St. Paul, Minnesota Springfield, Massachusetts
Assets Under Management $5.5 billion+ assets $950 billion+ life protection in force
Years in IUL Business 10+ years 0+ years
Number of IUL Products 3 0
Typical Cap Rate Range 8% - 10% N/A - N/A
Participation Rates 120% N/A
Minimum Premium $5,000 annual N/A
Issue Ages 0-85 years N/A
Underwriting Speed 2-4 weeks N/A

Similar Companies

Mutual of Omaha Insurance Company

AM Best: A+

$42 billion (Fortune 500) AUM

Compare →

Protective Life Insurance Company

AM Best: A+

$120 billion AUM

Compare →

Securian Financial (Minnesota Life)

AM Best: A+

$5.5 billion+ AUM

Compare →

Midland National Life Insurance Company

AM Best: A+

$55 billion AUM

Compare →

Similar Companies

Northwestern Mutual

AM Best: A++

$655 billion+ AUM

Compare →

Guardian Life

AM Best: A++

$1.6 billion dividend allocation 2025 AUM

Compare →

State Farm

AM Best: A++

$200 billion+ AUM

Compare →

New York Life

AM Best: A++

$400 billion+ assets AUM

Compare →

📞 Call Now Get Free Illustration