Nationwide vs Royal Neighbors of America
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
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 | Nationwide | Royal Neighbors of America |
|---|---|---|
| Founded | 1926 | 1895 |
| Headquarters | Columbus, Ohio | Rock Island, Illinois |
| Assets Under Management | $140 billion | $1 billion |
| Years in IUL Business | 18+ years | 0+ years |
| Number of IUL Products | 4 | 0 |
| Typical Cap Rate Range | 6.00% - 25.00% | N/A - N/A |
| Participation Rates | 250% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks standard | N/A |