Pacific Life vs National Life Group

Comprehensive side-by-side comparison of indexed universal life insurance companies

Updated 2025
Independent Analysis
Professional Ratings

Pacific Life

Founded: 1868

Newport Beach, California

Financial Strength Ratings

AM Best A+
S&P AA-
Moody's A1
Assets
$239 billion
IUL Experience
20+ years
Products
12
Avg Cap Rate
8.50%

Key Strengths

Second largest by market share with 38% YoY growth
Fortune 500 company (#282)
$1.5 trillion life insurance in force
8 consecutive years World's Most Ethical Companies
Innovation leader in IUL space
Visit Pacific Life Website →

National Life Group

Founded: 1848

Montpelier, Vermont

Financial Strength Ratings

AM Best A+
S&P A+
Moody's A1
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
Visit National Life Group Website →

Detailed Feature Comparison

Feature Pacific Life National Life Group
Founded 1868 1848
Headquarters Newport Beach, California Montpelier, Vermont
Assets Under Management $239 billion $45 billion
Years in IUL Business 20+ years 20+ years
Number of IUL Products 12 3
Typical Cap Rate Range 7.50% - 9.00% Not publicly disclosed - Not publicly disclosed
Participation Rates 125% Competitive market rates
Minimum Premium $5,000 annual $50,000 (FlexLife)
Issue Ages 0-85 years 0-85 years
Underwriting Speed 2-4 weeks standard, 48 hours accelerated available 2-4 weeks standard

Pacific Life IUL Policies

Pacific Indexed Accumulator 6

Cap Rate: 7.50% to 9.00%

Floor: 0%

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Pacific Horizon IUL

Cap Rate: 9.00%

Floor: 0%

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Pacific Trident IUL

Cap Rate: 8.50%

Floor: 0%

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Pacific Discovery Xcelerator IUL 2

Cap Rate: 7.50% with uncapped 10.00% threshold option

Floor: 0%

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National Life Group IUL Policies

FlexLife IUL

Cap Rate: Not publicly disclosed

Floor: 0%

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PeakLife IUL

Cap Rate: Competitive

Floor: 0%

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SummitLife IUL

Cap Rate: Competitive

Floor: 0%

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North American Company for Life and Health Insurance

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