Nationwide Life Insurance Company vs Royal Neighbors of America
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%
Royal Neighbors of America
Founded: 1895
Rock Island, Illinois
Assets
$1 billion
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Fraternal benefit society with term/whole/UL but no IUL found
Detailed Feature Comparison
| Feature | Nationwide Life Insurance Company | Royal Neighbors of America |
|---|---|---|
| Founded | 1929 | 1895 |
| Headquarters | Columbus, Ohio | Rock Island, Illinois |
| Assets Under Management | $140 billion | $1 billion |
| Years in IUL Business | 15+ years | 0+ years |
| Number of IUL Products | 2 | 0 |
| Typical Cap Rate Range | 9.5% - 25% | N/A - N/A |
| Participation Rates | 200% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | 2-4 weeks | N/A |