MetLife vs Columbus Life
Comprehensive side-by-side comparison of indexed universal life insurance companies
MetLife
Founded: 1868
New York, NY
Assets
$700 billion+ assets
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Largest mutual company
Offers UL and VUL, but no indexed UL
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)
Detailed Feature Comparison
| Feature | MetLife | Columbus Life |
|---|---|---|
| Founded | 1868 | 1906 |
| Headquarters | New York, NY | Cincinnati, Ohio |
| Assets Under Management | $700 billion+ assets | $45 billion group assets (Western & Southern) |
| Years in IUL Business | 0+ years | 10+ years |
| Number of IUL Products | 0 | 3 |
| Typical Cap Rate Range | N/A - N/A | 8% - 10% |
| Participation Rates | N/A | 110% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | 2-4 weeks standard, rapid issue available |