Columbus Life vs William Penn Life Insurance
Comprehensive side-by-side comparison of indexed universal life insurance companies
Columbus Life
Founded: 1906
Cincinnati, Ohio
Assets
$45 billion group assets (Western & Southern)
IUL Experience
10+ years
Products
3
Avg Cap Rate
9%
Key Strengths
Offers 3+ IUL products
Indexed Explorer Plus, Indexed Explorer Now (rapid issue), Expedition SIUL (survivorship)
William Penn Life Insurance
Founded: 1848
Allentown, Pennsylvania
Assets
$746 billion Legal & General consolidated
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Term and traditional UL only
Detailed Feature Comparison
| Feature | Columbus Life | William Penn Life Insurance |
|---|---|---|
| Founded | 1906 | 1848 |
| Headquarters | Cincinnati, Ohio | Allentown, Pennsylvania |
| Assets Under Management | $45 billion group assets (Western & Southern) | $746 billion Legal & General consolidated |
| Years in IUL Business | 10+ years | 0+ years |
| Number of IUL Products | 3 | 0 |
| Typical Cap Rate Range | 8% - 10% | N/A - N/A |
| Participation Rates | 110% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks standard, rapid issue available | N/A |