Group life coverage for law firms from Minnesota Life and American Bar Insurance

St. Paul, MN, January 17, 2006 – Minnesota Life Insurance Company is providing a new group life insurance program to law firms nationwide through American Bar Insurance Plans Consultants, Inc. (ABI). The ABI-sponsored program, called "Unique Group Life Solutions," will provide a range of customized group life plans for American Bar Association (ABA) member law firms.

“The ABI leverages the membership of the American Bar Association to develop exclusive insurance programs for ABA members,” said Tom Norris, CEO, ABI. “We have partnered with Minnesota Life to develop Unique Group Life Solutions, a price-sensitive, tax-advantaged group life program for all ABA member firms with 50 or more attorneys.”

The group life insurance program is available to ABA-member law firms in all 50 states and has been endorsed by the boards of directors of the American Bar Insurance Plans and the Association of Legal Administrators. The program includes:

• Variable group universal life insurance
• Group universal life insurance
• Group term insurance
• Coverage for spouses and children

“Any combination of these products can be used to create a customized group life benefits package that may meet or exceed a member firm’s unique needs,” said Ed Eller, national sales manager, Minnesota Life. “Our web platform offers optimum flexibility for program design, making it easy for benefits managers to administer these customized programs and employees to use them.”

Minnesota Life, a subsidiary of Securian Financial Group, offers self-managed, web-based group life insurance plans that employers and employees alike can administer coverage on line at their convenience. Minnesota Life also offers superior customer service, resulting in “excellent” or “good” ratings from 100 per cent of its client companies and a 99 per cent customer retention rate.

Minnesota Life has been in the group life insurance business nearly 90 years. It is the fastest-growing group life insurer in the nation, rising from sixteenth largest in 1997 to sixth in 2004, with nearly $400 billion of group coverage in force. Minnesota Life’s is a subsidiary of Securian Financial Group, which has more than $500 billion of life insurance in force, $26 billion in assets under management, and a combined work force of more than 5,000 employees and advisors in its St. Paul, MN headquarters and offices across the country.

American Bar Insurance Plans Consultants, Inc. was established in 1989 as a wholly-owned subsidiary of the American Bar Endowment. ABI, which sponsors insurance programs for ABA member firms, has a dual role: create unique insurance programs for ABA members and generate revenue to support the Endowment’s charitable and educational goals.

This information should not be considered tax advice.  You should consult your tax advisor regarding your own tax situation.

You should consider the investment objectives, risks, charges and expenses of a portfolio and the variable insurance product carefully before investing. The portfolio and variable insurance product prospectuses contain this and other information. You may obtain a copy of the prospectus by calling 1-800-843-8358. Please read the prospectuses carefully before investing. VGUL is distributed through Securian Financial Services, Inc., Member FINRA/SIPC. 400 Robert Street North, St. Paul, MN 55101, 1-888-237-1838.

Variable Group Universal Life is offered under policy form series MHC-94-18660 Rev. 5-2001 or MHC-96-18710T Rev. 5-2001or a state variation thereof; Group Universal Life is offered under policy form series 00-30252 or 01-30287T; Term Life is offered under policy form series MHC-96-13180 or MHC-97-130010T.

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