Nationwide Life Insurance Company vs National Life Group
Comprehensive side-by-side comparison of indexed universal life insurance companies
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%
National Life Group
Founded: 1848
Montpelier, Vermont
Assets
$45 billion
IUL Experience
20+ years
Products
3
Avg Cap Rate
Competitive market rates
Key Strengths
Market leader with 17.4% market share
Lifetime Income Benefit Rider with 10-year waiting period
Industry-leading chronic illness rider
175+ years operating history
Mutual structure aligns with policyholder interests
Detailed Feature Comparison
| Feature | Nationwide Life Insurance Company | National Life Group |
|---|---|---|
| Founded | 1929 | 1848 |
| Headquarters | Columbus, Ohio | Montpelier, Vermont |
| Assets Under Management | $140 billion | $45 billion |
| Years in IUL Business | 15+ years | 20+ years |
| Number of IUL Products | 2 | 3 |
| Typical Cap Rate Range | 9.5% - 25% | Not publicly disclosed - Not publicly disclosed |
| Participation Rates | 200% | Competitive market rates |
| Minimum Premium | $5,000 annual | $50,000 (FlexLife) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks standard |