American General Life Insurance (Corebridge Financial) vs Gerber Life Insurance
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
Gerber Life Insurance
Founded: 1967
White Plains, New York
Assets
$52 billion+ in force (Western & Southern)
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Specializes in children's/family insurance
Detailed Feature Comparison
| Feature | American General Life Insurance (Corebridge Financial) | Gerber Life Insurance |
|---|---|---|
| Founded | 1926 | 1967 |
| Headquarters | Houston, Texas | White Plains, New York |
| Assets Under Management | $393 billion (Corebridge consolidated) | $52 billion+ in force (Western & Southern) |
| Years in IUL Business | 15+ years | 0+ years |
| Number of IUL Products | 3 | 0 |
| Typical Cap Rate Range | 8% - 11% | N/A - N/A |
| Participation Rates | 115% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 24 hours to 4 weeks (60%+ qualify for accelerated) | N/A |