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Minnesota Life Insurance Company announced a new benefit for its indexed universal life products.

Minnesota Life, a subsidiary of Securian Financial Group, introduced its latest offering for new and existing policies. The Index Crediting Bonus, when applied, provides a one percent annual bonus based on index credits received over a 120-month rolling period. Minnesota Life said that it may apply the credit to the accumulation value, which compounds each year and could help raise index credits and distribution amounts.

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