MetLife vs Transamerica Life Insurance Company
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
Transamerica Life Insurance Company
Founded: 1904
Cedar Rapids, Iowa
Assets
$223 billion in premiums in force; $29.5 billion AUM
IUL Experience
20+ years
Products
2
Avg Cap Rate
12.00%
Key Strengths
High cap rates (12% on flagship product)
Uncapped options with high participation rates
Superior living benefits offerings
12.5 million insurance policies in force
Over 120 years of history
Detailed Feature Comparison
| Feature | MetLife | Transamerica Life Insurance Company |
|---|---|---|
| Founded | 1868 | 1904 |
| Headquarters | New York, NY | Cedar Rapids, Iowa |
| Assets Under Management | $700 billion+ assets | $223 billion in premiums in force; $29.5 billion AUM |
| Years in IUL Business | 0+ years | 20+ years |
| Number of IUL Products | 0 | 2 |
| Typical Cap Rate Range | N/A - N/A | 9.50% - 14.00% |
| Participation Rates | N/A | 150% |
| Minimum Premium | N/A | $3,600 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | 2-4 weeks standard |