Advantage Elite Term: Protection for today, options for tomorrow

Minnesota Life’s Advantage Elite Term product provides affordable term life insurance protection now, with the option to convert to a permanent policy in the future.

Conversion: Helping you get the most out of your insurance dollars
Advantage Elite Term allows you to convert your coverage to permanent insurance at any time, prior to age 75. You have the flexibility to convert to any of our outstanding permanent life insurance contracts.

If permanent coverage is indicated and your financial strategy is not complete, you can lock in your insurability with Advantage Elite 5 and receive conversion credits when you move to a permanent policy offered by Minnesota Life. You will receive a conversion credit equal to the amount of premium you paid during the first year of your Advantage Elite Term policy if you convert within the first five years.

Benefits and riders add value
Minnesota Life’s Advantage Elite Term offers benefits and riders that make it even more valuable. If you become totally disabled, the Waiver of Premium benefit means your premiums will be waived for the period of your disability. Riders are available for an additional cost.

Converting to any one of an array of permanent life insurance products gives you the ability to add an inflation rider. This can help insulate your coverage against the effects of inflation, increasing your death benefit without additional underwriting.

Contact a Minnesota Life representative/ agent to find out more about Advantage Term.

Variable products are distributed by Securian Financial Services, Inc., Member FINRA/SIPC.

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