National Life Group vs American General Life Insurance (Corebridge Financial)
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
American General Life Insurance (Corebridge Financial)
Founded: 1926
Houston, Texas
Assets
$393 billion (Corebridge consolidated)
IUL Experience
15+ years
Products
3
Avg Cap Rate
9.5%
Key Strengths
4.4 million policyholders, $393B assets
18 duration options (most flexible in industry)
AU+ accelerated underwriting (60%+ qualify, some approved in 24 hours)
Strong high-risk underwriting history
Multiple index crediting with safeguards
Detailed Feature Comparison
| Feature | National Life Group | American General Life Insurance (Corebridge Financial) |
|---|---|---|
| Founded | 1848 | 1926 |
| Headquarters | Montpelier, Vermont | Houston, Texas |
| Assets Under Management | $45 billion | $393 billion (Corebridge consolidated) |
| Years in IUL Business | 20+ years | 15+ years |
| Number of IUL Products | 3 | 3 |
| Typical Cap Rate Range | Not publicly disclosed - Not publicly disclosed | 8% - 11% |
| Participation Rates | Competitive market rates | 115% |
| Minimum Premium | $50,000 (FlexLife) | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks standard | 24 hours to 4 weeks (60%+ qualify for accelerated) |