Transamerica Premier Life Insurance vs Pruco Life Insurance Company of New Jersey
Comprehensive side-by-side comparison of indexed universal life insurance companies
Transamerica Premier Life Insurance
Founded: 1906
Cedar Rapids, Iowa
Assets
$131 billion Aegon USA
IUL Experience
15+ years
Products
2
Avg Cap Rate
10.5%
Key Strengths
Transamerica subsidiary
Financial Foundation IUL II, Financial Choice IUL II
Issue ages 18-90
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
Detailed Feature Comparison
| Feature | Transamerica Premier Life Insurance | Pruco Life Insurance Company of New Jersey |
|---|---|---|
| Founded | 1906 | 1982 |
| Headquarters | Cedar Rapids, Iowa | Newark, New Jersey |
| Assets Under Management | $131 billion Aegon USA | $1.5 trillion Prudential consolidated |
| Years in IUL Business | 15+ years | 10+ years |
| Number of IUL Products | 2 | 1 |
| Typical Cap Rate Range | 9% - 12% | 8% - 11% |
| Participation Rates | 125% | 100% |
| Minimum Premium | $3,600 annual | $5,000 annual |
| Issue Ages | 18-90 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks |