North American Company for Life and Health Insurance vs Royal Neighbors of America
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
Royal Neighbors of America
Founded: 1895
Rock Island, Illinois
Assets
$1 billion
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Fraternal benefit society with term/whole/UL but no IUL found
Detailed Feature Comparison
| Feature | North American Company for Life and Health Insurance | Royal Neighbors of America |
|---|---|---|
| Founded | 1886 | 1895 |
| Headquarters | West Des Moines, Iowa (new HQ 2021); Sioux Falls, SD (also listed) | Rock Island, Illinois |
| Assets Under Management | $35 billion | $1 billion |
| Years in IUL Business | 20+ years | 0+ years |
| Number of IUL Products | 4 | 0 |
| Typical Cap Rate Range | 10% - 11% | N/A - N/A |
| Participation Rates | 100% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks standard | N/A |