Nationwide Life Insurance Company vs Ameritas Life
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%
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 | Nationwide Life Insurance Company | Ameritas Life |
|---|---|---|
| Founded | 1929 | 1887 |
| Headquarters | Columbus, Ohio | Lincoln, Nebraska |
| Assets Under Management | $140 billion | $20 billion |
| Years in IUL Business | 15+ years | 3+ years |
| Number of IUL Products | 2 | 4 |
| Typical Cap Rate Range | 9.5% - 25% | 8% - 11% |
| Participation Rates | 200% | 115% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | Instant to 3 weeks |