Mutual of Omaha Insurance Company vs F&G (Fidelity & Guaranty Life)
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
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 | Mutual of Omaha Insurance Company | F&G (Fidelity & Guaranty Life) |
|---|---|---|
| Founded | 1909 | 1959 |
| Headquarters | Omaha, Nebraska | Des Moines, Iowa |
| Assets Under Management | $42 billion (Fortune 500) | $40 billion |
| Years in IUL Business | 15+ years | 10+ years |
| Number of IUL Products | 3 | 2 |
| Typical Cap Rate Range | 7% - 12% | 8% - 11% |
| Participation Rates | 100% | 115% |
| Minimum Premium | $100,000 (IUL Express Easy Solve option) | $3,600 annual |
| Issue Ages | 0-85 years | 15 days to 85 years |
| Underwriting Speed | 2-3 weeks standard | Some immediate delivery or within 24 hours |