North American Company for Life and Health Insurance vs Transamerica Premier Life Insurance
Comprehensive side-by-side comparison of indexed universal life insurance companies
North American Company for Life and Health Insurance
Founded: 1886
West Des Moines, Iowa (new HQ 2021); Sioux Falls, SD (also listed)
Assets
$35 billion
IUL Experience
20+ years
Products
4
Avg Cap Rate
11%
Key Strengths
Superior crediting performance (#1 in distribution testing)
Fixed Interest Participating Policy Loans with 2.0% bonus
Protected Death Benefit - unique guaranteed portion feature
Free acceleration of death benefits for critical/chronic/terminal illness
Over 600,000 policies and annuities
Transamerica Premier Life Insurance
Founded: 1906
Cedar Rapids, Iowa
Assets
$131 billion Aegon USA
IUL Experience
15+ years
Products
2
Avg Cap Rate
10.5%
Key Strengths
Transamerica subsidiary
Financial Foundation IUL II, Financial Choice IUL II
Issue ages 18-90
Detailed Feature Comparison
| Feature | North American Company for Life and Health Insurance | Transamerica Premier Life Insurance |
|---|---|---|
| Founded | 1886 | 1906 |
| Headquarters | West Des Moines, Iowa (new HQ 2021); Sioux Falls, SD (also listed) | Cedar Rapids, Iowa |
| Assets Under Management | $35 billion | $131 billion Aegon USA |
| Years in IUL Business | 20+ years | 15+ years |
| Number of IUL Products | 4 | 2 |
| Typical Cap Rate Range | 10% - 11% | 9% - 12% |
| Participation Rates | 100% | 125% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 18-90 years |
| Underwriting Speed | 2-4 weeks standard | 2-4 weeks |