Via News Release
“ST. PAUL, Minn.–(BUSINESS WIRE)–How can you put a monetary value on someone’s life? You can’t. But you can estimate the financial loss caused by a premature death. And now advisors and clients can calculate it on their iPads.
Minnesota Life Insurance Company, a Securian Financial Group affiliate, offers an app for the iPad that financial advisors can use to show clients their current economic value based on their expected lifetime earning capacity. The low end of economic value includes only immediate debt plus the cost of funding lifetime priorities such as college costs. On the other end of the spectrum is all of that plus the client’s potential earnings through retirement – the Human Life Value.”