Nationwide Life Insurance Company vs American National Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
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%
American National Insurance Company
Founded: 1905
Galveston, Texas
Assets
$30 billion
IUL Experience
15+ years
Products
1
Avg Cap Rate
9.5%
Key Strengths
120+ year history
Newsweek: 'America's Most Trustworthy Companies'
Forbes: 'America's Best Insurance Companies'
82 consecutive years financial strength recognition
Operates in all 50 states
Detailed Feature Comparison
| Feature | Nationwide Life Insurance Company | American National Insurance Company |
|---|---|---|
| Founded | 1929 | 1905 |
| Headquarters | Columbus, Ohio | Galveston, Texas |
| Assets Under Management | $140 billion | $30 billion |
| Years in IUL Business | 15+ years | 15+ years |
| Number of IUL Products | 2 | 1 |
| Typical Cap Rate Range | 9.5% - 25% | 8% - 11% |
| Participation Rates | 200% | 110% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 3-4 weeks standard |