American National Insurance Company vs Mutual of Omaha Insurance Company

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

Updated 2025
Independent Analysis
Professional Ratings

American National Insurance Company

Founded: 1905

Galveston, Texas

Financial Strength Ratings

AM Best A
S&P A
Assets
$30 billion
IUL Experience
15+ years
Products
1
Avg Cap Rate
9.5%

Key Strengths

120+ year history
Newsweek: 'America's Most Trustworthy Companies'
Forbes: 'America's Best Insurance Companies'
82 consecutive years financial strength recognition
Operates in all 50 states
Visit American National Insurance Company Website →

Mutual of Omaha Insurance Company

Founded: 1909

Omaha, Nebraska

Financial Strength Ratings

AM Best A+
Assets
$42 billion (Fortune 500)
IUL Experience
15+ years
Products
3
Avg Cap Rate
10%

Key Strengths

12% cap rates (among highest in industry)
Industry-leading policy structure for cash value growth
Streamlined fees during 0% floor years
Fortune 500 company
116+ years of history
Visit Mutual of Omaha Insurance Company Website →

Detailed Feature Comparison

Feature American National Insurance Company Mutual of Omaha Insurance Company
Founded 1905 1909
Headquarters Galveston, Texas Omaha, Nebraska
Assets Under Management $30 billion $42 billion (Fortune 500)
Years in IUL Business 15+ years 15+ years
Number of IUL Products 1 3
Typical Cap Rate Range 8% - 11% 7% - 12%
Participation Rates 110% 100%
Minimum Premium $5,000 annual $100,000 (IUL Express Easy Solve option)
Issue Ages 0-85 years 0-85 years
Underwriting Speed 3-4 weeks standard 2-3 weeks standard

American National Insurance Company IUL Policies

Signature Performance IUL

Cap Rate: 8% to 11%

Floor: 0%

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Mutual of Omaha Insurance Company IUL Policies

Income Advantage IUL

Cap Rate: 10.00%

Floor: 0%

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