Ohio National Financial Services vs SBLI (Savings Bank Life Insurance)
Comprehensive side-by-side comparison of indexed universal life insurance companies
Ohio National Financial Services
Founded: 1909
Cincinnati, Ohio
Assets
$40.8 billion
IUL Experience
10+ years
Products
2
Avg Cap Rate
9%
Key Strengths
115+ year history
Mutual company structure
Comdex 74
Strong cash accumulation in Virtus IUL II
Note: Rating downgrades 2019-2020; exited annuity market
SBLI (Savings Bank Life Insurance)
Founded: 1907
Woburn, Massachusetts
Assets
$4 billion+ assets
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Mutual company
Focuses on term and whole life
Detailed Feature Comparison
| Feature | Ohio National Financial Services | SBLI (Savings Bank Life Insurance) |
|---|---|---|
| Founded | 1909 | 1907 |
| Headquarters | Cincinnati, Ohio | Woburn, Massachusetts |
| Assets Under Management | $40.8 billion | $4 billion+ assets |
| Years in IUL Business | 10+ years | 0+ years |
| Number of IUL Products | 2 | 0 |
| Typical Cap Rate Range | 8% - 10% | N/A - N/A |
| Participation Rates | 110% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 3-4 weeks standard | N/A |