Ameritas Life vs Pacific Life & Annuity Company
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)
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%
Detailed Feature Comparison
| Feature | Ameritas Life | Pacific Life & Annuity Company |
|---|---|---|
| Founded | 1887 | 1983 |
| Headquarters | Lincoln, Nebraska | Phoenix, Arizona |
| Assets Under Management | $20 billion | $69 billion assets |
| Years in IUL Business | 3+ years | 10+ years |
| Number of IUL Products | 4 | 2 |
| Typical Cap Rate Range | 8% - 11% | 8% - 10.5% |
| Participation Rates | 115% | 115% |
| 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 |