National Life Group vs Mutual of Omaha Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
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
Detailed Feature Comparison
| Feature | National Life Group | Mutual of Omaha Insurance Company |
|---|---|---|
| Founded | 1848 | 1909 |
| Headquarters | Montpelier, Vermont | Omaha, Nebraska |
| Assets Under Management | $45 billion | $42 billion (Fortune 500) |
| Years in IUL Business | 20+ years | 15+ years |
| Number of IUL Products | 3 | 3 |
| Typical Cap Rate Range | Not publicly disclosed - Not publicly disclosed | 7% - 12% |
| Participation Rates | Competitive market rates | 100% |
| Minimum Premium | $50,000 (FlexLife) | $100,000 (IUL Express Easy Solve option) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks standard | 2-3 weeks standard |