1. ARBenefits LifeSchool Business Officials Group Term Life Insurance August 27 and 28, 2012 A03269-0812

2. Agenda • About Minnesota Life • Coverage amounts • October 2012 Action Items • LifeBenefitsExtra • Lifesuite services

3. About Minnesota Life • State carrier since 2008 • Group life insurance since 1917 • Highly rated Minnesota Life is highly rated by the major independent rating agencies that analyze the financial soundness and claims-paying ability of insurance companies. For more information about the rating agencies and to see where our rating ranks relative to other ratings, please see our web site at www.securian.com/financials.

4. Coverage amounts Employee • Basic Term Life and AD&D: $10,000 • Expanded Basic Term Life and AD&D: $1,000 increments to $40,000 • Supplemental Term Life and AD&D: $1,000 increments to $250,000 Spouse • $1,000 increments to $50,000 Child • $1,000 increments to $50,000 • Tax dependent children eligible from age 14 days to 26 years No dual coverage

5. October 2012 action items • One time opportunity to elect Expanded Basic Life and AD&D without Evidence of Insurability • One time opportunity to elect Spouse and/or Child coverage ($10,000) without Evidence of Insurability • Current Supplemental coverage amount carried over as-is unless employee elects a different amount online, or cancels coverage via Service Request Form

6. October 2012 action items cont’d • Make all coverage elections online via LifeBenefits.com • Designate beneficiary on LifeBenefits.com • Beneficiary solicitation in 2013 • You can talk to employees about life insurance

7. LifeBenefitsExtra Secure website allowing School Business Officials to access: • Evidence of Insurability and claim status, updated daily • Participant coverage amounts and beneficiary details • Weekly claims and underwriting activity reports • Secure e-mail and attachments • Contact information for your account team • Doug will schedule a WebEx demonstration

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9. Lifesuite services • Beneficiary Financial Counseling • Legal Services • Travel Assistance • Legacy Planning • Access to basic resources available to all active employees insured under the Basic Term Life insurance plan • Responsibility of the service carrier Services provided by Ceridian, Global Rescue LLC, PricewaterhouseCoopers LLP are their sole responsibility. The services are not affiliated with Minnesota Life or its group contracts and may be discontinued at any time. Certain terms, conditions and restrictions may apply when utilizing the services. To learn more, visit the appropriate website included above.

10. Beneficiary Financial Counseling • Service carrier: PricewaterhouseCoopers LLP • Financial counseling • Invitation to use services, included with life insurance claim check to beneficiary • No sales to your beneficiary

11. Legal Services • Service carrier: Ceridian • Online library of legal resources • Develop simple wills, trusts, power-of-attorney • National network of 22,000 attorneys • Free 30-minute consultation • Call Ceridian 1-877-849-6034 • Visit www.lifeworks.com, (username: will password: preparation).

12. Travel Assistance • Service carrier: Global Rescue • 24-hour emergency travel service • Available during travel for business or pleasure • Available to active employees and their dependents (even if traveling without employee) • 100 miles or more away from home • Locate physician, dentist, western-medicine facilities, etc. • Secure language interpreter, the return of mortal remains, etc. • Call Global Rescue at 1-855-516-5433 in the U.S. and Canada. From other locations, you can call collect to +1-617-426-6603. • Visit www.lifebenefits.com/travelassistance.

13. Legacy Planning • Service carrier: Minnesota Life • Website • End-of-life information resources • Legacy planning • Final arrangements • www.LegacyPlanningServices.com

14. Questions

15. This is a summary of plan provisions related to the insurance policy issued by Minnesota Life to the State of Arkansas. In the event of a conflict between this summary and the policy and/or certificate, the policy and/or certificate shall dictate the insurance provisions, exclusions, all limitations, and terms of coverage. Term Life is offered under policy form series MHC‑96‑13180 Minnesota Life Insurance Company A Securian Company Group Insurance www.lifebenefits.com 400 Robert Street North, St. Paul, MN 55101-2098