Minnesota Life Insurance (Securian) vs Pacific Life

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 →

Pacific Life

Founded: 1868

Newport Beach, California

Financial Strength Ratings

AM Best A+
S&P AA-
Moody's A1
Assets
$239 billion
IUL Experience
20+ years
Products
12
Avg Cap Rate
8.50%

Key Strengths

Second largest by market share with 38% YoY growth
Fortune 500 company (#282)
$1.5 trillion life insurance in force
8 consecutive years World's Most Ethical Companies
Innovation leader in IUL space
Visit Pacific Life Website →

Detailed Feature Comparison

Feature Minnesota Life Insurance (Securian) Pacific Life
Founded 1880 1868
Headquarters St. Paul, Minnesota Newport Beach, California
Assets Under Management $5.5 billion+ assets $239 billion
Years in IUL Business 10+ years 20+ years
Number of IUL Products 3 12
Typical Cap Rate Range 8% - 10% 7.50% - 9.00%
Participation Rates 120% 125%
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, 48 hours accelerated available

Pacific Life IUL Policies

Pacific Indexed Accumulator 6

Cap Rate: 7.50% to 9.00%

Floor: 0%

Compare this policy →

Pacific Horizon IUL

Cap Rate: 9.00%

Floor: 0%

Compare this policy →

Pacific Trident IUL

Cap Rate: 8.50%

Floor: 0%

Compare this policy →

Pacific Discovery Xcelerator IUL 2

Cap Rate: 7.50% with uncapped 10.00% threshold option

Floor: 0%

Compare this policy →

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

National Life Group

AM Best: A+

$45 billion AUM

Compare →

Nationwide

AM Best: A+

$140 billion AUM

Compare →

Transamerica Life Insurance Company

AM Best: A+

$223 billion in premiums in force; $29.5 billion AUM AUM

Compare →

Lincoln Financial (The Lincoln National Life Insurance Company)

AM Best: A+

$321 billion in end-of-period account balances AUM

Compare →

📞 Call Now Get Free Illustration