Pruco Life Insurance Company of New Jersey vs COUNTRY Financial
Comprehensive side-by-side comparison of indexed universal life insurance companies
Pruco Life Insurance Company of New Jersey
Founded: 1982
Newark, New Jersey
Assets
$1.5 trillion Prudential consolidated
IUL Experience
10+ years
Products
1
Avg Cap Rate
10%
Key Strengths
Prudential subsidiary for NJ/NY
Prudential Momentum IUL (2024): 10.5-11% caps on S&P 500
Nasdaq-100 uncapped with 65% participation
COUNTRY Financial
Founded: 1925
Bloomington, Illinois
Assets
$12 billion
IUL Experience
5+ years
Products
1
Avg Cap Rate
9%
Key Strengths
Offers IUL products
COUNTRY Financial Indexed Universal Life with 100% participation rate, 0% floor
Forbes #1 life insurance provider ranking (2024)
Detailed Feature Comparison
| Feature | Pruco Life Insurance Company of New Jersey | COUNTRY Financial |
|---|---|---|
| Founded | 1982 | 1925 |
| Headquarters | Newark, New Jersey | Bloomington, Illinois |
| Assets Under Management | $1.5 trillion Prudential consolidated | $12 billion |
| Years in IUL Business | 10+ years | 5+ years |
| Number of IUL Products | 1 | 1 |
| Typical Cap Rate Range | 8% - 11% | 8% - 10% |
| Participation Rates | 100% | 100% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks |