Nationwide vs Nationwide Life Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
Nationwide
Founded: 1926
Columbus, Ohio
Assets
$140 billion
IUL Experience
18+ years
Products
4
Avg Cap Rate
10.25%
Key Strengths
Fortune 100 company (#72 in 2025)
Pioneer of Volatility Control Index movement
Industry-leading participation rates
Lowest cost of insurance charges in industry
Cap rates reaching 25% on certain strategies
Nationwide Life Insurance Company
Founded: 1929
Columbus, Ohio
Assets
$140 billion
IUL Experience
15+ years
Products
2
Avg Cap Rate
12%
Key Strengths
Nationwide subsidiary
IUL Accumulator II 2020, IUL Protector II 2020
Cap rates 9.5-25%
Participation rates up to 315%
Detailed Feature Comparison
| Feature | Nationwide | Nationwide Life Insurance Company |
|---|---|---|
| Founded | 1926 | 1929 |
| Headquarters | Columbus, Ohio | Columbus, Ohio |
| Assets Under Management | $140 billion | $140 billion |
| Years in IUL Business | 18+ years | 15+ years |
| Number of IUL Products | 4 | 2 |
| Typical Cap Rate Range | 6.00% - 25.00% | 9.5% - 25% |
| Participation Rates | 250% | 200% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks standard | 2-4 weeks |