Underwritten by Minnesota Life Insurance Company Group Term Life and AD&D Insurance The Texas A&M University System Retirement Coverage

Administrator of term life and AD&D insurance – Minnesota Life, an affiliate of Securian Financial Group, Inc. New brand – same familiar benefits No changes for 2016 No action is required Good time to consider your needs Securian Financial Group, Inc. 2

Coverages available to your spouse and children Retirement coverages Portability and Conversion LifeSuite Services Quick Overview

Basic Insurance (for those enrolled in A&M System health plan) 4 Life: $7,500 AD&D: $5,000 Dependent Life: $5,000 for each eligible child Automatically covered by employer

Alternate Basic Life Insurance (ABL) (for those with health coverage outside the A&M System health plan) 5 Life: the lesser of $50,000 or 7x annual salary AD&D: $5,000 Dependent Life: $5,000 for each eligible child You can enroll and pay for ABL (Life & AD&D only)

Basic Life Insurance (for those with no health coverage) 6 Life: $7,500AD&D: $5,000 Dependent Life: $5,000 for each eligible child You can enroll and pay for Basic Life coverage

7 What happens to my Basic Life when I retire? Coverage does not reduce Premium is paid in the same way

8 Optional Term Life Insurance Max Coverage: $1,000,000 EOI required for any changes ½, 1, 2, 3, 4, 5 or 6 times your annualized salary Not available to retirees enrolled in ABL

9 What happens to Optional Life when you retire? Under 70 At 70 At 80 Maximum coverage reduces to $100,000 Maximum coverage reduces to $60,000 Maximum coverage reduces to $30,000

10 Dependent Term Life Insurance – Option A Enrolled SpouseEnrolled Children $10,000 $25,000, $50,000, $75,000, $100,000, $150,000 or $200,000 Option A is only available to current Optional Life participants

11 Dependent Term Life Insurance – Option B Enrolled Spouse and Children Life: $5,000 Matching AD&D: $5,000 Option B is available to Basic Life, ABL or Optional Life participants

12 Dependent Term Life Insurance – Option C Enrolled SpouseEnrolled Children Life: 10% of retiree’s ABL coverage Life: 50% of retiree’s ABL coverage Option C is only available to current ABL participants

13 Dependent Term Life Insurance – Additional Information Spouse Children Coverage cannot exceed 100% of retiree’s Optional Life EOI required for any changes Only one child may be covered by one parent All elections guaranteed Children are eligible from live birth to 26 Additional information applies to Options A, B and C

14 What happens to Dependent Life when you retire? Child coverage remains at $10,000 Retiree under 70, spouse coverage maximum reduces to $50,000 Retiree age 70, spouse maximum reduces to $30,000 Retiree age 80, spouse maximum reduces to $15,000 You may apply for any of these coverages (Spouse coverage require EOI)

15 Optional Accidental Death & Dismemberment (AD&D) Insurance Retiree Plan Retiree’s whose annual salary is less than or equal to $25,000 Elect in $10,000 increments up to $250,000 Retiree’s whose annual salary is greater than $25,000 Elect 1-10x annual salary up to $800,000

Retiree + Family Plan Spouse (w/children): 50% of retiree’s election Spouse (no children): 60% of retiree’s election Each child (w/spouse): 10% of retiree’s election Each child (no spouse): 15% of retiree’s election 16 Optional Accidental Death & Dismemberment (AD&D) Insurance (Maximum: $25,000)

17 What happens to Optional AD&D when you retire? Retiree under 70, maximum coverage is $200,000 Retiree age 70 and over, maximum coverage is $60,000 Retiree + Family Plan Amounts coverage amounts remain as percentage of retiree’s election You may apply for any of these coverage after retirement

18 Evidence of Insurability (EOI) Call to gather additional information Coverage effective the later of 9/1 or upon approval

19 Retirement Basic Life Coverage remains the same Optional Life and Dependent Life (rates are the same as actives) Maximum coverage reduces at retirement Under 70: $100,000 Age 70: $60,000 Age 80: $30,000 Spouse coverage reduces with retiree’s changes Child coverage remains at $10,000 Optional AD&D Retirees may apply for coverage (Additional Optional Life requires EOI) Rates are higher than active employees

20 Continuing Coverage Portability No EOI required Premiums may be higher than active employees Basic coverage is not portable 31 days Port coverage continues to age 70 Conversion No EOI required Convert coverage to an individual policy Premiums may be higher than active and ported coverages 31 days

LifeSuite Services To meet YOUR LIFE NEEDS Life happens. When it does – turn to your LifeSuite services. These services are designed to help you in times of need and are only a click or a call away.

Legal, Financial and Grief Access one or all to meet your needs: Unlimited telephonic guidance and consultation with professionals in each area Comprehensive web and mobile resources Thirty-minute face-to-face consultation with an attorney for each unique legal issue

Legacy Planning Access to a variety of information and resources to work through end-of-life issues: End-of-life planning Final arrangements Important directives Express Assignment™ for expedited funeral home assignments

24 Beneficiary Financial Counseling Helping beneficiaries make sound financial decisions at a difficult time: Beneficiary reference guide Access to a financial counseling website for 12 months Financial Fitness assessment Step-by-step assistance in completing a personalized financial plan

Securian Financial Group, Inc. 400 Robert Street North, St. Paul, MN Group Insurance ©2016 Securian Financial Group, Inc. All rights reserved. DOFU The legal, financial and grief services are provided by Ceridian HCM, Inc. The services are not affiliated with Minnesota Life, Securian Life or its group contracts and may be discontinued at any time. Certain terms, conditions and restrictions may apply when utilizing the services. The travel assistance services are provided by RedpointWTP LLC. The services are not affiliated with Minnesota Life, Securian Life or its group contracts and may be discontinued at any time. Certain terms, conditions and restrictions may apply when utilizing the services. Services provided by PricewaterhouseCoopers LLP are their sole responsibility. The services are not affiliated with Minnesota Life, Securian Life or its group contracts and may be discontinued at any time. Certain terms, conditions and restrictions may apply when utilizing the services. Neither PwC nor its employees are involved in the sale or endorsement of investment or insurance products. This is a summary of plan provisions related to the insurance policy issued by Minnesota Life to Texas A&M.. 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. Insurance products are underwritten by Minnesota Life Insurance Company, an affiliate of Securian Financial Group, Inc. This product is offered under policy form series MHC and