MassMutual vs Lincoln Financial (The Lincoln National Life Insurance Company)
Comprehensive side-by-side comparison of indexed universal life insurance companies
MassMutual
Founded: 1851
Springfield, Massachusetts
Assets
$950 billion+ life protection in force
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Focuses on whole life products
Lincoln Financial (The Lincoln National Life Insurance Company)
Founded: 1905
Radnor, Pennsylvania
Assets
$321 billion in end-of-period account balances
IUL Experience
20+ years
Products
6
Avg Cap Rate
10.00%
Key Strengths
NEW Elite Indexed Universal Life Portfolio (2025)
New Multiplier Riders for enhanced performance
Dual IUL designs for different optimization approaches
120-year-old company
Serves 17 million customers
Detailed Feature Comparison
| Feature | MassMutual | Lincoln Financial (The Lincoln National Life Insurance Company) |
|---|---|---|
| Founded | 1851 | 1905 |
| Headquarters | Springfield, Massachusetts | Radnor, Pennsylvania |
| Assets Under Management | $950 billion+ life protection in force | $321 billion in end-of-period account balances |
| Years in IUL Business | 0+ years | 20+ years |
| Number of IUL Products | 0 | 6 |
| Typical Cap Rate Range | N/A - N/A | 9.50% - 10.50% |
| Participation Rates | N/A | 105% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | 2-4 weeks standard |