Ameritas Life vs John Hancock Life Insurance Company (U.S.A.)
Comprehensive side-by-side comparison of indexed universal life insurance companies
Ameritas Life
Founded: 1887
Lincoln, Nebraska
Assets
$20 billion
IUL Experience
3+ years
Products
4
Avg Cap Rate
9.5%
Key Strengths
Offers 4+ IUL products
Growth IUL, FLX IUL, Ethos IUL (partnership)
Instant underwriting (launched Sept 2023 with Ethos)
John Hancock Life Insurance Company (U.S.A.)
Founded: 1862
Boston, Massachusetts
Assets
Part of Manulife with CA$1.4 trillion AUM
IUL Experience
15+ years
Products
4
Avg Cap Rate
8.00%
Key Strengths
160+ years in business
Comdex rating of 93 (among highest)
John Hancock Vitality Program (wellness-based rewards unique to industry)
Survivorship UL gold standard for estate planning
Strong with high-risk medical conditions
Detailed Feature Comparison
| Feature | Ameritas Life | John Hancock Life Insurance Company (U.S.A.) |
|---|---|---|
| Founded | 1887 | 1862 |
| Headquarters | Lincoln, Nebraska | Boston, Massachusetts |
| Assets Under Management | $20 billion | Part of Manulife with CA$1.4 trillion AUM |
| Years in IUL Business | 3+ years | 15+ years |
| Number of IUL Products | 4 | 4 |
| Typical Cap Rate Range | 8% - 11% | 7.50% - 9.00% |
| Participation Rates | 115% | 110% |
| Minimum Premium | $3,600 annual | $5,000 annual |
| Issue Ages | 0-85 years | 20-70 (Accumulation IUL with Vitality) |
| Underwriting Speed | Instant to 3 weeks | 3-4 weeks standard |