Guardian Life vs Ameritas Life
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
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)
Detailed Feature Comparison
| Feature | Guardian Life | Ameritas Life |
|---|---|---|
| Founded | 1860 | 1887 |
| Headquarters | New York, NY | Lincoln, Nebraska |
| Assets Under Management | $1.6 billion dividend allocation 2025 | $20 billion |
| Years in IUL Business | 5+ years | 3+ years |
| Number of IUL Products | 2 | 4 |
| Typical Cap Rate Range | 8% - 10% | 8% - 11% |
| Participation Rates | 115% | 115% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 3-4 weeks | Instant to 3 weeks |