National Press Release

ST. PAUL, Minn., June 2 /PRNewswire/ -- Securian Financial is offering a package of programs designed to help lenders thrive in this challenging economy.

"We understand what financial institutions face in this economic environment," said John Gibbons, national sales director, Securian Financial Institutions Group. "Securian is drawing on its financial strength to provide assistance and reinforce our long-standing commitment to this market."

The Securian Relief Package is designed to help lenders boost fee income and minimize expenses in 2009:

    --  They can qualify for up to 10 percent of premiums or fees in marketing
        allowance by moving existing credit insurance or debt protection
        business to Securian, subject to compensation limitations required by
        state insurance law.
    --  They can maximize fee income opportunities by offering post-close
        Securian AutoSafe Debt Protection and GAP programs.

    --  Payment for Securian's PerFORMer Loan Forms may be deferred until
        after December 31, 2009.

Securian also offers financial institutions market-differentiating products designed to build borrower loyalty during tough times. WorkSafe Debt Protection, a turn-key, borrower-pay involuntary unemployment program, can be offered to complement other loan protection products. Securian Payment Assurance, a non-contributory involuntary unemployment protection is offered at no cost to borrowers. This program can help financial institutions boost lending while reducing delinquencies and charge-offs. Lenders can also work with Securian to develop similar coverages within broader, customized debt protection programs.

Securian Financial Group was founded in 1880 and has served financial institutions for over 50 years, providing insurance, debt protection, loan documents, and marketing services. Securian and its affiliates serve more than 4,000 financial institutions across the United States.

SOURCE Securian Financial Group