American General Life Insurance (Corebridge Financial) vs National Life Group
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
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
Detailed Feature Comparison
| Feature | American General Life Insurance (Corebridge Financial) | National Life Group |
|---|---|---|
| Founded | 1926 | 1848 |
| Headquarters | Houston, Texas | Montpelier, Vermont |
| Assets Under Management | $393 billion (Corebridge consolidated) | $45 billion |
| Years in IUL Business | 15+ years | 20+ years |
| Number of IUL Products | 3 | 3 |
| Typical Cap Rate Range | 8% - 11% | Not publicly disclosed - Not publicly disclosed |
| Participation Rates | 115% | Competitive market rates |
| Minimum Premium | $5,000 annual | $50,000 (FlexLife) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 24 hours to 4 weeks (60%+ qualify for accelerated) | 2-4 weeks standard |