National Life Group vs Accordia Life
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
Accordia Life
Founded: 1962
Des Moines, Iowa
Assets
$8 billion
IUL Experience
8+ years
Products
3
Avg Cap Rate
9%
Key Strengths
Offers 3+ IUL products
Lifetime Builder IUL, Provider IUL, Survivorship Builder IUL, Global Accumulator
Global Atlantic (KKR-owned) parent
Detailed Feature Comparison
| Feature | National Life Group | Accordia Life |
|---|---|---|
| Founded | 1848 | 1962 |
| Headquarters | Montpelier, Vermont | Des Moines, Iowa |
| Assets Under Management | $45 billion | $8 billion |
| Years in IUL Business | 20+ years | 8+ years |
| Number of IUL Products | 3 | 3 |
| Typical Cap Rate Range | Not publicly disclosed - Not publicly disclosed | 8% - 10% |
| Participation Rates | Competitive market rates | 110% |
| Minimum Premium | $50,000 (FlexLife) | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks standard | 2-4 weeks |