Mutual of Omaha Insurance Company vs Nationwide
Comprehensive side-by-side comparison of indexed universal life insurance companies
Mutual of Omaha Insurance Company
Founded: 1909
Omaha, Nebraska
Assets
$42 billion (Fortune 500)
IUL Experience
15+ years
Products
3
Avg Cap Rate
10%
Key Strengths
12% cap rates (among highest in industry)
Industry-leading policy structure for cash value growth
Streamlined fees during 0% floor years
Fortune 500 company
116+ years of history
Nationwide
Founded: 1926
Columbus, Ohio
Assets
$140 billion
IUL Experience
18+ years
Products
4
Avg Cap Rate
10.25%
Key Strengths
Fortune 100 company (#72 in 2025)
Pioneer of Volatility Control Index movement
Industry-leading participation rates
Lowest cost of insurance charges in industry
Cap rates reaching 25% on certain strategies
Detailed Feature Comparison
| Feature | Mutual of Omaha Insurance Company | Nationwide |
|---|---|---|
| Founded | 1909 | 1926 |
| Headquarters | Omaha, Nebraska | Columbus, Ohio |
| Assets Under Management | $42 billion (Fortune 500) | $140 billion |
| Years in IUL Business | 15+ years | 18+ years |
| Number of IUL Products | 3 | 4 |
| Typical Cap Rate Range | 7% - 12% | 6.00% - 25.00% |
| Participation Rates | 100% | 250% |
| Minimum Premium | $100,000 (IUL Express Easy Solve option) | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-3 weeks standard | 2-4 weeks standard |