Nationwide Life Insurance Company vs COUNTRY Financial
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%
COUNTRY Financial
Founded: 1925
Bloomington, Illinois
Assets
$12 billion
IUL Experience
5+ years
Products
1
Avg Cap Rate
9%
Key Strengths
Offers IUL products
COUNTRY Financial Indexed Universal Life with 100% participation rate, 0% floor
Forbes #1 life insurance provider ranking (2024)
Detailed Feature Comparison
| Feature | Nationwide Life Insurance Company | COUNTRY Financial |
|---|---|---|
| Founded | 1929 | 1925 |
| Headquarters | Columbus, Ohio | Bloomington, Illinois |
| Assets Under Management | $140 billion | $12 billion |
| Years in IUL Business | 15+ years | 5+ years |
| Number of IUL Products | 2 | 1 |
| Typical Cap Rate Range | 9.5% - 25% | 8% - 10% |
| Participation Rates | 200% | 100% |
| Minimum Premium | $5,000 annual | $5,000 annual |
| Issue Ages | 0-85 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks |