Transamerica Life Insurance Company vs Royal Neighbors of America
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
Royal Neighbors of America
Founded: 1895
Rock Island, Illinois
Assets
$1 billion
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Fraternal benefit society with term/whole/UL but no IUL found
Detailed Feature Comparison
| Feature | Transamerica Life Insurance Company | Royal Neighbors of America |
|---|---|---|
| Founded | 1904 | 1895 |
| Headquarters | Cedar Rapids, Iowa | Rock Island, Illinois |
| Assets Under Management | $223 billion in premiums in force; $29.5 billion AUM | $1 billion |
| Years in IUL Business | 20+ years | 0+ years |
| Number of IUL Products | 2 | 0 |
| Typical Cap Rate Range | 9.50% - 14.00% | N/A - N/A |
| Participation Rates | 150% | N/A |
| Minimum Premium | $3,600 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks standard | N/A |