Whole Life, Universal Life,
Minnesota National Agency, Inc. is your trusted insurance partner for life insurance, including whole, universal, and term life insurance in Central Minnesota since 1950. With offices in downtown Sauk Centre and in Long Prairie, we’re your local choice for an independent insurance voice.
Learn more about all of your life insurance options below*, and reach out to our agents for a quote today.
Whole Life Insurance
If you’ve never heard of life insurance before, you likely have visions of whole life insurance in your mind. Whole life insurance protects you throughout your entire lifetime, offering consistent premiums, consistent cash value growth, a tax-free death benefit, and poly customization.
Whole life insurance is a good choice to protect your spouse or loved ones after you pass, but can also be accessed to provide funds for college education, support your business, or assist with retirement.
Universal Life Insurance
Universal life insurance is similar to whole life insurance, with one key difference – you can artificially lower or raise your premiums within certain limits, giving you flexibility. This can, however, affect your benefit in the end if you lower it for too long and don’t ‘catch up’ on your investment.
Universal life insurance is a good choice for those who want whole life insurance, but need additional flexibility or loans and are willing to take on risk for that flexibility.
Term Life Insurance
Term life insurance is designed for those who need low-cost life insurance. However, that reduced monthly premium comes at an overall cost – it only pays out if you pass within a set number of years, or ‘term’.
Term life insurance keeps your payments consistent and relatively low, but may only protect you and your loved ones for a set period of years, such as 10 or 20 years.
Local Minnesota National Agency, Inc. Offices
Minnesota National Agency, Inc. is a licensed insurance agency in Minnesota but also holds licensures in Wisconsin, North Dakota, South Dakota, and Arizona. Offices are located in Sauk Centre and in Long Prairie, Minnesota.
*These summaries are brief descriptions of possible coverages. Coverage features and limits vary. Talk to your Minnesota National Agency agent or representative who can explain what options are best for your unique situation.