SBLI (Savings Bank Life Insurance) vs Accordia Life
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
Accordia Life
Founded: 1962
Des Moines, Iowa
Assets
$8 billion
IUL Experience
8+ years
Products
3
Avg Cap Rate
9%
Key Strengths
Offers 3+ IUL products
Lifetime Builder IUL, Provider IUL, Survivorship Builder IUL, Global Accumulator
Global Atlantic (KKR-owned) parent
Detailed Feature Comparison
| Feature | SBLI (Savings Bank Life Insurance) | Accordia Life |
|---|---|---|
| Founded | 1907 | 1962 |
| Headquarters | Woburn, Massachusetts | Des Moines, Iowa |
| Assets Under Management | $4 billion+ assets | $8 billion |
| Years in IUL Business | 0+ years | 8+ years |
| Number of IUL Products | 0 | 3 |
| Typical Cap Rate Range | N/A - N/A | 8% - 10% |
| Participation Rates | N/A | 110% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | 2-4 weeks |