Ameritas Life vs Nationwide
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)
Nationwide
Founded: 1926
Columbus, Ohio
Assets
$140 billion
IUL Experience
18+ years
Products
4
Avg Cap Rate
10.25%
Key Strengths
Fortune 100 company (#72 in 2025)
Pioneer of Volatility Control Index movement
Industry-leading participation rates
Lowest cost of insurance charges in industry
Cap rates reaching 25% on certain strategies
Detailed Feature Comparison
| Feature | Ameritas Life | Nationwide |
|---|---|---|
| Founded | 1887 | 1926 |
| Headquarters | Lincoln, Nebraska | Columbus, Ohio |
| Assets Under Management | $20 billion | $140 billion |
| Years in IUL Business | 3+ years | 18+ years |
| Number of IUL Products | 4 | 4 |
| Typical Cap Rate Range | 8% - 11% | 6.00% - 25.00% |
| Participation Rates | 115% | 250% |
| Minimum Premium | $3,600 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | Instant to 3 weeks | 2-4 weeks standard |