Prudential (Pruco Life Insurance Company) vs National Life Group
Comprehensive side-by-side comparison of indexed universal life insurance companies
Prudential (Pruco Life Insurance Company)
Founded: 1875
Newark, New Jersey
Assets
$1.7 trillion AUM; $4 trillion gross life insurance in force worldwide
IUL Experience
15+ years
Products
4
Avg Cap Rate
8.75%
Key Strengths
Fortune Global 500 company
Over 145 years of history
#1 in variable life insurance market
BenefitAccess Rider for chronic/terminal illness
Over 50 million customers worldwide
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 | Prudential (Pruco Life Insurance Company) | National Life Group |
|---|---|---|
| Founded | 1875 | 1848 |
| Headquarters | Newark, New Jersey | Montpelier, Vermont |
| Assets Under Management | $1.7 trillion AUM; $4 trillion gross life insurance in force worldwide | $45 billion |
| Years in IUL Business | 15+ years | 20+ years |
| Number of IUL Products | 4 | 3 |
| Typical Cap Rate Range | 7.00% - 10.25% | Not publicly disclosed - Not publicly disclosed |
| Participation Rates | 110% | Competitive market rates |
| Minimum Premium | $5,000 annual | $50,000 (FlexLife) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks standard | 2-4 weeks standard |