For benefits-eligible employees, a group life insurance policy is provided for you. The amount is equal to your annual salary rounded to the next highest thousand (when applicable), and then doubled. This is a double indemnity policy that would pay twice the value of the insurance in the event of an accidental death.
Minnesota Life and Securian Life have adopted the brand of their parent company, Securian Financial Group, Inc. (Securian). You will not see any changes to your life insurance coverage amount or premium rates as a result of this change, but you will see the new identity in correspondence and materials you receive from the company. Please visit Securian Financial's website for further information.