National Life Group vs Royal Neighbors of America
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
Royal Neighbors of America
Founded: 1895
Rock Island, Illinois
Assets
$1 billion
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Fraternal benefit society with term/whole/UL but no IUL found
Detailed Feature Comparison
| Feature | National Life Group | Royal Neighbors of America |
|---|---|---|
| Founded | 1848 | 1895 |
| Headquarters | Montpelier, Vermont | Rock Island, Illinois |
| Assets Under Management | $45 billion | $1 billion |
| Years in IUL Business | 20+ years | 0+ years |
| Number of IUL Products | 3 | 0 |
| Typical Cap Rate Range | Not publicly disclosed - Not publicly disclosed | N/A - N/A |
| Participation Rates | Competitive market rates | N/A |
| Minimum Premium | $50,000 (FlexLife) | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks standard | N/A |