American General Life Insurance (Corebridge Financial) vs Ameritas Life
Comprehensive side-by-side comparison of indexed universal life insurance companies
American General Life Insurance (Corebridge Financial)
Founded: 1926
Houston, Texas
Assets
$393 billion (Corebridge consolidated)
IUL Experience
15+ years
Products
3
Avg Cap Rate
9.5%
Key Strengths
4.4 million policyholders, $393B assets
18 duration options (most flexible in industry)
AU+ accelerated underwriting (60%+ qualify, some approved in 24 hours)
Strong high-risk underwriting history
Multiple index crediting with safeguards
Ameritas Life
Founded: 1887
Lincoln, Nebraska
Assets
$20 billion
IUL Experience
3+ years
Products
4
Avg Cap Rate
9.5%
Key Strengths
Offers 4+ IUL products
Growth IUL, FLX IUL, Ethos IUL (partnership)
Instant underwriting (launched Sept 2023 with Ethos)
Detailed Feature Comparison
| Feature | American General Life Insurance (Corebridge Financial) | Ameritas Life |
|---|---|---|
| Founded | 1926 | 1887 |
| Headquarters | Houston, Texas | Lincoln, Nebraska |
| Assets Under Management | $393 billion (Corebridge consolidated) | $20 billion |
| Years in IUL Business | 15+ years | 3+ years |
| Number of IUL Products | 3 | 4 |
| Typical Cap Rate Range | 8% - 11% | 8% - 11% |
| Participation Rates | 115% | 115% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 24 hours to 4 weeks (60%+ qualify for accelerated) | Instant to 3 weeks |