MassMutual vs Nationwide Life Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
MassMutual
Founded: 1851
Springfield, Massachusetts
Assets
$950 billion+ life protection in force
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Focuses on whole life products
Nationwide Life Insurance Company
Founded: 1929
Columbus, Ohio
Assets
$140 billion
IUL Experience
15+ years
Products
2
Avg Cap Rate
12%
Key Strengths
Nationwide subsidiary
IUL Accumulator II 2020, IUL Protector II 2020
Cap rates 9.5-25%
Participation rates up to 315%
Detailed Feature Comparison
| Feature | MassMutual | Nationwide Life Insurance Company |
|---|---|---|
| Founded | 1851 | 1929 |
| Headquarters | Springfield, Massachusetts | Columbus, Ohio |
| Assets Under Management | $950 billion+ life protection in force | $140 billion |
| Years in IUL Business | 0+ years | 15+ years |
| Number of IUL Products | 0 | 2 |
| Typical Cap Rate Range | N/A - N/A | 9.5% - 25% |
| Participation Rates | N/A | 200% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | 2-4 weeks |