Nationwide Life Insurance Company vs Ethos 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%
Ethos Life
Founded: 2016
San Francisco, California
Assets
Insurance agency (not carrier)
IUL Experience
2+ years
Products
1
Avg Cap Rate
9%
Key Strengths
Partners with Ameritas for Ethos IUL
90%+ instant decisions
Entirely digital platform
Detailed Feature Comparison
| Feature | Nationwide Life Insurance Company | Ethos Life |
|---|---|---|
| Founded | 1929 | 2016 |
| Headquarters | Columbus, Ohio | San Francisco, California |
| Assets Under Management | $140 billion | Insurance agency (not carrier) |
| Years in IUL Business | 15+ years | 2+ years |
| Number of IUL Products | 2 | 1 |
| Typical Cap Rate Range | 9.5% - 25% | 8% - 10% |
| Participation Rates | 200% | 110% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 20-65 |
| Underwriting Speed | 2-4 weeks | Instant (90%+) |