Minnesota Life Insurance (Securian) vs Thrivent Financial
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
Thrivent Financial
Founded: 1902
Minneapolis, Minnesota
Assets
$194 billion AUM
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does not prominently offer IUL
Focuses on term/whole life; fraternal benefit society
Detailed Feature Comparison
| Feature | Minnesota Life Insurance (Securian) | Thrivent Financial |
|---|---|---|
| Founded | 1880 | 1902 |
| Headquarters | St. Paul, Minnesota | Minneapolis, Minnesota |
| Assets Under Management | $5.5 billion+ assets | $194 billion AUM |
| 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 |