F&G (Fidelity & Guaranty Life) vs Guardian Life
Comprehensive side-by-side comparison of indexed universal life insurance companies
F&G (Fidelity & Guaranty Life)
Founded: 1959
Des Moines, Iowa
Assets
$40 billion
IUL Experience
10+ years
Products
2
Avg Cap Rate
9.5%
Key Strengths
LIMRA Q2 2024: Top IUL provider ranking
Competitive historical performance
Quick policy delivery
Juvenile IUL specialty (15 days to 17 years)
Living benefits: accelerated death benefits
Guardian Life
Founded: 1860
New York, NY
Assets
$1.6 billion dividend allocation 2025
IUL Experience
5+ years
Products
2
Avg Cap Rate
9%
Key Strengths
Offers IUL products with index participation features
Strong financial ratings
Detailed Feature Comparison
| Feature | F&G (Fidelity & Guaranty Life) | Guardian Life |
|---|---|---|
| Founded | 1959 | 1860 |
| Headquarters | Des Moines, Iowa | New York, NY |
| Assets Under Management | $40 billion | $1.6 billion dividend allocation 2025 |
| Years in IUL Business | 10+ years | 5+ years |
| Number of IUL Products | 2 | 2 |
| Typical Cap Rate Range | 8% - 11% | 8% - 10% |
| Participation Rates | 115% | 115% |
| Minimum Premium | $3,600 annual | $5,000 annual |
| Issue Ages | 15 days to 85 years | 0-85 years |
| Underwriting Speed | Some immediate delivery or within 24 hours | 3-4 weeks |