Mutual Trust Life Insurance vs Principal Financial Group
Comprehensive side-by-side comparison of indexed universal life insurance companies
Mutual Trust Life Insurance
Founded: 1905
Oak Brook, Illinois
Assets
$3 billion (Pan-American)
IUL Experience
3+ years
Products
1
Avg Cap Rate
9%
Key Strengths
Offers Vista Life IUL (launched 2024)
Known for Bank on Yourself strategies
120 years
Principal Financial Group
Founded: 1879
Des Moines, Iowa
Assets
$629 billion+ AUM
IUL Experience
5+ years
Products
2
Avg Cap Rate
9%
Key Strengths
Offers IUL Accumulation II, IUL Flex II
Enhanced caps announced January 2024
Serves 17 million
Detailed Feature Comparison
| Feature | Mutual Trust Life Insurance | Principal Financial Group |
|---|---|---|
| Founded | 1905 | 1879 |
| Headquarters | Oak Brook, Illinois | Des Moines, Iowa |
| Assets Under Management | $3 billion (Pan-American) | $629 billion+ AUM |
| Years in IUL Business | 3+ years | 5+ years |
| Number of IUL Products | 1 | 2 |
| Typical Cap Rate Range | 8% - 10% | 8% - 10% |
| Participation Rates | 110% | 110% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks |