Nationwide vs Gerber Life Insurance
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
Gerber Life Insurance
Founded: 1967
White Plains, New York
Assets
$52 billion+ in force (Western & Southern)
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Specializes in children's/family insurance
Detailed Feature Comparison
| Feature | Nationwide | Gerber Life Insurance |
|---|---|---|
| Founded | 1926 | 1967 |
| Headquarters | Columbus, Ohio | White Plains, New York |
| Assets Under Management | $140 billion | $52 billion+ in force (Western & Southern) |
| Years in IUL Business | 18+ years | 0+ years |
| Number of IUL Products | 4 | 0 |
| Typical Cap Rate Range | 6.00% - 25.00% | N/A - N/A |
| Participation Rates | 250% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks standard | N/A |