F&G (Fidelity & Guaranty Life) vs Ameritas Life
Comprehensive side-by-side comparison of indexed universal life insurance companies
F&G (Fidelity & Guaranty Life)
Founded: 1959
Des Moines, Iowa
Assets
$40 billion
IUL Experience
10+ years
Products
2
Avg Cap Rate
9.5%
Key Strengths
LIMRA Q2 2024: Top IUL provider ranking
Competitive historical performance
Quick policy delivery
Juvenile IUL specialty (15 days to 17 years)
Living benefits: accelerated death benefits
Ameritas Life
Founded: 1887
Lincoln, Nebraska
Assets
$20 billion
IUL Experience
3+ years
Products
4
Avg Cap Rate
9.5%
Key Strengths
Offers 4+ IUL products
Growth IUL, FLX IUL, Ethos IUL (partnership)
Instant underwriting (launched Sept 2023 with Ethos)
Detailed Feature Comparison
| Feature | F&G (Fidelity & Guaranty Life) | Ameritas Life |
|---|---|---|
| Founded | 1959 | 1887 |
| Headquarters | Des Moines, Iowa | Lincoln, Nebraska |
| Assets Under Management | $40 billion | $20 billion |
| Years in IUL Business | 10+ years | 3+ years |
| Number of IUL Products | 2 | 4 |
| Typical Cap Rate Range | 8% - 11% | 8% - 11% |
| Participation Rates | 115% | 115% |
| Minimum Premium | $3,600 annual | $3,600 annual |
| Issue Ages | 15 days to 85 years | 0-85 years |
| Underwriting Speed | Some immediate delivery or within 24 hours | Instant to 3 weeks |