Accordia Life vs SBLI (Savings Bank Life Insurance)
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
SBLI (Savings Bank Life Insurance)
Founded: 1907
Woburn, Massachusetts
Assets
$4 billion+ assets
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Mutual company
Focuses on term and whole life
Detailed Feature Comparison
| Feature | Accordia Life | SBLI (Savings Bank Life Insurance) |
|---|---|---|
| Founded | 1962 | 1907 |
| Headquarters | Des Moines, Iowa | Woburn, Massachusetts |
| Assets Under Management | $8 billion | $4 billion+ assets |
| Years in IUL Business | 8+ years | 0+ years |
| Number of IUL Products | 3 | 0 |
| Typical Cap Rate Range | 8% - 10% | N/A - N/A |
| Participation Rates | 110% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks | N/A |