American National Insurance Company vs National Life Group
Comprehensive side-by-side comparison of indexed universal life insurance companies
American National Insurance Company
Founded: 1905
Galveston, Texas
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
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 National Insurance Company | National Life Group |
|---|---|---|
| Founded | 1905 | 1848 |
| Headquarters | Galveston, Texas | Montpelier, Vermont |
| Assets Under Management | $30 billion | $45 billion |
| Years in IUL Business | 15+ years | 20+ years |
| Number of IUL Products | 1 | 3 |
| Typical Cap Rate Range | 8% - 11% | Not publicly disclosed - Not publicly disclosed |
| Participation Rates | 110% | Competitive market rates |
| Minimum Premium | $5,000 annual | $50,000 (FlexLife) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 3-4 weeks standard | 2-4 weeks standard |