Transamerica Life Insurance Company vs National Life Group
Comprehensive side-by-side comparison of indexed universal life insurance companies
Transamerica Life Insurance Company
Founded: 1904
Cedar Rapids, Iowa
Assets
$223 billion in premiums in force; $29.5 billion AUM
IUL Experience
20+ years
Products
2
Avg Cap Rate
12.00%
Key Strengths
High cap rates (12% on flagship product)
Uncapped options with high participation rates
Superior living benefits offerings
12.5 million insurance policies in force
Over 120 years of history
National Life Group
Founded: 1848
Montpelier, Vermont
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
Detailed Feature Comparison
| Feature | Transamerica Life Insurance Company | National Life Group |
|---|---|---|
| Founded | 1904 | 1848 |
| Headquarters | Cedar Rapids, Iowa | Montpelier, Vermont |
| Assets Under Management | $223 billion in premiums in force; $29.5 billion AUM | $45 billion |
| Years in IUL Business | 20+ years | 20+ years |
| Number of IUL Products | 2 | 3 |
| Typical Cap Rate Range | 9.50% - 14.00% | Not publicly disclosed - Not publicly disclosed |
| Participation Rates | 150% | Competitive market rates |
| Minimum Premium | $3,600 annual | $50,000 (FlexLife) |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks standard | 2-4 weeks standard |