National Life Group vs Transamerica Premier Life Insurance

Comprehensive side-by-side comparison of indexed universal life insurance companies

Updated 2025
Independent Analysis
Professional Ratings

National Life Group

Founded: 1848

Montpelier, Vermont

Financial Strength Ratings

AM Best A+
S&P A+
Moody's A1
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
Visit National Life Group Website →

Transamerica Premier Life Insurance

Founded: 1906

Cedar Rapids, Iowa

Financial Strength Ratings

AM Best A/A+
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
Visit Transamerica Premier Life Insurance Website →

Detailed Feature Comparison

Feature National Life Group Transamerica Premier Life Insurance
Founded 1848 1906
Headquarters Montpelier, Vermont Cedar Rapids, Iowa
Assets Under Management $45 billion $131 billion Aegon USA
Years in IUL Business 20+ years 15+ years
Number of IUL Products 3 2
Typical Cap Rate Range Not publicly disclosed - Not publicly disclosed 9% - 12%
Participation Rates Competitive market rates 125%
Minimum Premium $50,000 (FlexLife) $3,600 annual
Issue Ages 0-85 years 18-90 years
Underwriting Speed 2-4 weeks standard 2-4 weeks

National Life Group IUL Policies

FlexLife IUL

Cap Rate: Not publicly disclosed

Floor: 0%

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PeakLife IUL

Cap Rate: Competitive

Floor: 0%

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SummitLife IUL

Cap Rate: Competitive

Floor: 0%

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Similar Companies

Nationwide

AM Best: A+

$140 billion AUM

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Transamerica Life Insurance Company

AM Best: A+

$223 billion in premiums in force; $29.5 billion AUM AUM

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Mutual of Omaha Insurance Company

AM Best: A+

$42 billion (Fortune 500) AUM

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North American Company for Life and Health Insurance

AM Best: A+

$35 billion AUM

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Similar Companies

National Life Group

AM Best: A+

$45 billion AUM

Compare →

Nationwide

AM Best: A+

$140 billion AUM

Compare →

Transamerica Life Insurance Company

AM Best: A+

$223 billion in premiums in force; $29.5 billion AUM AUM

Compare →

Mutual of Omaha Insurance Company

AM Best: A+

$42 billion (Fortune 500) AUM

Compare →