Ameritas Life vs Accordia Life

Comprehensive side-by-side comparison of indexed universal life insurance companies

Updated 2025
Independent Analysis
Professional Ratings

Ameritas Life

Founded: 1887

Lincoln, Nebraska

Financial Strength Ratings

AM Best A
S&P A+
Assets
$20 billion
IUL Experience
3+ years
Products
4
Avg Cap Rate
9.5%

Key Strengths

Offers 4+ IUL products
Growth IUL, FLX IUL, Ethos IUL (partnership)
Instant underwriting (launched Sept 2023 with Ethos)
Visit Ameritas Life Website →

Accordia Life

Founded: 1962

Des Moines, Iowa

Financial Strength Ratings

AM Best A
S&P A-
Moody's A2
Assets
$8 billion
IUL Experience
8+ years
Products
3
Avg Cap Rate
9%

Key Strengths

Offers 3+ IUL products
Lifetime Builder IUL, Provider IUL, Survivorship Builder IUL, Global Accumulator
Global Atlantic (KKR-owned) parent
Visit Accordia Life Website →

Detailed Feature Comparison

Feature Ameritas Life Accordia Life
Founded 1887 1962
Headquarters Lincoln, Nebraska Des Moines, Iowa
Assets Under Management $20 billion $8 billion
Years in IUL Business 3+ years 8+ years
Number of IUL Products 4 3
Typical Cap Rate Range 8% - 11% 8% - 10%
Participation Rates 115% 110%
Minimum Premium $3,600 annual $5,000 annual
Issue Ages 0-85 years 0-85 years
Underwriting Speed Instant to 3 weeks 2-4 weeks

Ameritas Life IUL Policies

Growth IUL

Cap Rate: 8% to 11%

Floor: 0%

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FLX IUL

Cap Rate: 8% to 11%

Floor: 0%

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Ethos IUL

Cap Rate: 8% to 10%

Floor: 0%

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Accordia Life IUL Policies

Lifetime Builder IUL

Cap Rate: 8% to 10%

Floor: 0%

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Accordia Life

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Royal Neighbors of America

AM Best: A

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SBLI (Savings Bank Life Insurance)

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