Mutual of Omaha Insurance Company vs Transamerica Life Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
Mutual of Omaha Insurance Company
Founded: 1909
Omaha, Nebraska
Assets
$42 billion (Fortune 500)
IUL Experience
15+ years
Products
3
Avg Cap Rate
10%
Key Strengths
12% cap rates (among highest in industry)
Industry-leading policy structure for cash value growth
Streamlined fees during 0% floor years
Fortune 500 company
116+ years of history
Transamerica Life Insurance Company
Founded: 1904
Cedar Rapids, Iowa
Assets
$223 billion in premiums in force; $29.5 billion AUM
IUL Experience
20+ years
Products
2
Avg Cap Rate
12.00%
Key Strengths
High cap rates (12% on flagship product)
Uncapped options with high participation rates
Superior living benefits offerings
12.5 million insurance policies in force
Over 120 years of history
Detailed Feature Comparison
| Feature | Mutual of Omaha Insurance Company | Transamerica Life Insurance Company |
|---|---|---|
| Founded | 1909 | 1904 |
| Headquarters | Omaha, Nebraska | Cedar Rapids, Iowa |
| Assets Under Management | $42 billion (Fortune 500) | $223 billion in premiums in force; $29.5 billion AUM |
| Years in IUL Business | 15+ years | 20+ years |
| Number of IUL Products | 3 | 2 |
| Typical Cap Rate Range | 7% - 12% | 9.50% - 14.00% |
| Participation Rates | 100% | 150% |
| Minimum Premium | $100,000 (IUL Express Easy Solve option) | $3,600 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-3 weeks standard | 2-4 weeks standard |