Privacy Policy

Your privacy is very important to us. That is why we have always maintained polices and procedures that are intended to ensure the responsible handling of your “personal information.” This notice provides information on the privacy policies and practices of Minnesota Financial Services and our affiliated broker-dealer, Securian Financial Services, Inc. through whom we offer variable insurance and annuity contracts. The examples given below are types of information we collect and the categories of parties with whom we share information are intended to illustrate our information practices; they are not intended to be exhaustive Also, depending on the product you purchased, you might have received a more detailed description of our insurance practices along with your application.

What personal information we collect.
We collect personal information about you in order to offer you insurance and financial products and services, administer our business, perform statistical analysis, and comply with all applicable laws and regulations. The type of information we collect depends on the type of product your purchase.

We may collect personal information about you, such as:

  • information we receive on applications or other forms, such as name, address, social security number, assets, income and beneficiaries;

  • information about your transactions or experiences with us, our affiliates or others, such as; policy coverage, premiums and payment history; and

  • information we received from a credit reporting agency and other companies such as; credit worthiness or credit history, medical claims and medical history.


What information we may disclose.
As permitted by law, we may disclose the following information to affiliates, companies that perform marketing or administrative services on our behalf or other financial institutions with which we have joint marketing agreements.

We do not share medical information, except with your prior consent or authorization. Such information would only be shared to the extend needed to process your transactions, underwrite a product, or as permitted or required by law.

To whom we may disclose personal information.
As permitted by law, we may disclose some or all of the information we collect to affiliates and nonaffiliated third parties such as:

  • companies that perform services for use on our behalf (such as vendors we hire to respond to customer requests and provide you with information about our products or services); or

  • financial institutions (such as banks, insurance companies, securities brokers or dealers with whom we have marketing agreements).


Is access to nonpublic personal information restricted?
Yes. We restrict access to your nonpublic personal information to those employees who have a legitimate business need to have access in order to provide products or services to you. All of our employees are expected to adhere to strict confidentiality standards in order to protect your personal information. Any employee who violates such confidentiality standards is subject to discipline. We maintain physical, electronic and procedural safeguards to protect your nonpublic personal information.

When information is disclosed to a third party in connection with the marketing or administration of our insurance and financial products, we require them to agree to adhere to customer confidentiality procedures and practices that are at least as strict as those that we have established.

What should you do if you discover an error in your record in any communication you receive from us?
Reasonable care will be taken to keep pertinent records current, complete and accurate. Procedures are in place to correct any errors that are brought to our attention. If you see any inaccuracy in your statements, or in any other communication from us, you can report these errors directly to us at (507) 387-5638 or you can write to us at 209 Second Street South, Suite 300, Mankato, MN 56001.

What happens to your information when you are not longer our customer?
Information about former customers is kept for the period of time required by our Records Retention Policies. During this period of time, the information is not disclosed except as required or permitted by law. The information is destroyed when we are no longer required to keep it.

What happens if we revise our information sharing practices?
We reserve the right to modify or supplement this Privacy Policy at anytime. If we make material changes, we will provide you with a revised notice that describe our new practices and will give you a reasonable opportunity to opt out of the disclosure of information under the revised Privacy Policy.



Tracking No. 0888-2002-3172 DOFU 7/30/02