F&G (Fidelity & Guaranty Life) vs Gerber Life Insurance
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
Gerber Life Insurance
Founded: 1967
White Plains, New York
Assets
$52 billion+ in force (Western & Southern)
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Specializes in children's/family insurance
Detailed Feature Comparison
| Feature | F&G (Fidelity & Guaranty Life) | Gerber Life Insurance |
|---|---|---|
| Founded | 1959 | 1967 |
| Headquarters | Des Moines, Iowa | White Plains, New York |
| Assets Under Management | $40 billion | $52 billion+ in force (Western & Southern) |
| Years in IUL Business | 10+ years | 0+ years |
| Number of IUL Products | 2 | 0 |
| Typical Cap Rate Range | 8% - 11% | N/A - N/A |
| Participation Rates | 115% | N/A |
| Minimum Premium | $3,600 annual | N/A |
| Issue Ages | 15 days to 85 years | N/A |
| Underwriting Speed | Some immediate delivery or within 24 hours | N/A |