Mutual of Omaha Insurance Company vs SBLI (Savings Bank Life Insurance)
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
SBLI (Savings Bank Life Insurance)
Founded: 1907
Woburn, Massachusetts
Assets
$4 billion+ assets
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Mutual company
Focuses on term and whole life
Detailed Feature Comparison
| Feature | Mutual of Omaha Insurance Company | SBLI (Savings Bank Life Insurance) |
|---|---|---|
| Founded | 1909 | 1907 |
| Headquarters | Omaha, Nebraska | Woburn, Massachusetts |
| Assets Under Management | $42 billion (Fortune 500) | $4 billion+ assets |
| Years in IUL Business | 15+ years | 0+ years |
| Number of IUL Products | 3 | 0 |
| Typical Cap Rate Range | 7% - 12% | N/A - N/A |
| Participation Rates | 100% | N/A |
| Minimum Premium | $100,000 (IUL Express Easy Solve option) | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-3 weeks standard | N/A |