Pacific Life & Annuity Company vs American National Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
Pacific Life & Annuity Company
Founded: 1983
Phoenix, Arizona
Assets
$69 billion assets
IUL Experience
10+ years
Products
2
Avg Cap Rate
9.5%
Key Strengths
Pacific Life subsidiary
Pacific Horizon IUL 2 (2024)
Pacific Indexed Accumulator
Cap rates up to 10.5%
American National Insurance Company
Founded: 1905
Galveston, Texas
Assets
$30 billion
IUL Experience
15+ years
Products
1
Avg Cap Rate
9.5%
Key Strengths
120+ year history
Newsweek: 'America's Most Trustworthy Companies'
Forbes: 'America's Best Insurance Companies'
82 consecutive years financial strength recognition
Operates in all 50 states
Detailed Feature Comparison
| Feature | Pacific Life & Annuity Company | American National Insurance Company |
|---|---|---|
| Founded | 1983 | 1905 |
| Headquarters | Phoenix, Arizona | Galveston, Texas |
| Assets Under Management | $69 billion assets | $30 billion |
| Years in IUL Business | 10+ years | 15+ years |
| Number of IUL Products | 2 | 1 |
| Typical Cap Rate Range | 8% - 10.5% | 8% - 11% |
| Participation Rates | 115% | 110% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 3-4 weeks standard |