American National Insurance Company vs Nationwide
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
Nationwide
Founded: 1926
Columbus, Ohio
Assets
$140 billion
IUL Experience
18+ years
Products
4
Avg Cap Rate
10.25%
Key Strengths
Fortune 100 company (#72 in 2025)
Pioneer of Volatility Control Index movement
Industry-leading participation rates
Lowest cost of insurance charges in industry
Cap rates reaching 25% on certain strategies
Detailed Feature Comparison
| Feature | American National Insurance Company | Nationwide |
|---|---|---|
| Founded | 1905 | 1926 |
| Headquarters | Galveston, Texas | Columbus, Ohio |
| Assets Under Management | $30 billion | $140 billion |
| Years in IUL Business | 15+ years | 18+ years |
| Number of IUL Products | 1 | 4 |
| Typical Cap Rate Range | 8% - 11% | 6.00% - 25.00% |
| Participation Rates | 110% | 250% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 3-4 weeks standard | 2-4 weeks standard |