Gerber Life Insurance vs F&G (Fidelity & Guaranty Life)
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
F&G (Fidelity & Guaranty Life)
Founded: 1959
Des Moines, Iowa
Assets
$40 billion
IUL Experience
10+ years
Products
2
Avg Cap Rate
9.5%
Key Strengths
LIMRA Q2 2024: Top IUL provider ranking
Competitive historical performance
Quick policy delivery
Juvenile IUL specialty (15 days to 17 years)
Living benefits: accelerated death benefits
Detailed Feature Comparison
| Feature | Gerber Life Insurance | F&G (Fidelity & Guaranty Life) |
|---|---|---|
| Founded | 1967 | 1959 |
| Headquarters | White Plains, New York | Des Moines, Iowa |
| Assets Under Management | $52 billion+ in force (Western & Southern) | $40 billion |
| Years in IUL Business | 0+ years | 10+ years |
| Number of IUL Products | 0 | 2 |
| Typical Cap Rate Range | N/A - N/A | 8% - 11% |
| Participation Rates | N/A | 115% |
| Minimum Premium | N/A | $3,600 annual |
| Issue Ages | N/A | 15 days to 85 years |
| Underwriting Speed | N/A | Some immediate delivery or within 24 hours |