Guardian Life vs National Life Group
Comprehensive side-by-side comparison of indexed universal life insurance companies
Guardian Life
Founded: 1860
New York, NY
Assets
$1.6 billion dividend allocation 2025
IUL Experience
5+ years
Products
2
Avg Cap Rate
9%
Key Strengths
Offers IUL products with index participation features
Strong financial ratings
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 | Guardian Life | National Life Group |
|---|---|---|
| Founded | 1860 | 1848 |
| Headquarters | New York, NY | Montpelier, Vermont |
| Assets Under Management | $1.6 billion dividend allocation 2025 | $45 billion |
| Years in IUL Business | 5+ years | 20+ years |
| Number of IUL Products | 2 | 3 |
| Typical Cap Rate Range | 8% - 10% | Not publicly disclosed - Not publicly disclosed |
| Participation Rates | 115% | Competitive market rates |
| Minimum Premium | $5,000 annual | $50,000 (FlexLife) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 3-4 weeks | 2-4 weeks standard |