Pacific Life & Annuity Company vs Transamerica Premier Life Insurance
Comprehensive side-by-side comparison of indexed universal life insurance companies
Pacific Life & Annuity Company
Founded: 1983
Phoenix, Arizona
Assets
$69 billion assets
IUL Experience
10+ years
Products
2
Avg Cap Rate
9.5%
Key Strengths
Pacific Life subsidiary
Pacific Horizon IUL 2 (2024)
Pacific Indexed Accumulator
Cap rates up to 10.5%
Transamerica Premier Life Insurance
Founded: 1906
Cedar Rapids, Iowa
Assets
$131 billion Aegon USA
IUL Experience
15+ years
Products
2
Avg Cap Rate
10.5%
Key Strengths
Transamerica subsidiary
Financial Foundation IUL II, Financial Choice IUL II
Issue ages 18-90
Detailed Feature Comparison
| Feature | Pacific Life & Annuity Company | Transamerica Premier Life Insurance |
|---|---|---|
| Founded | 1983 | 1906 |
| Headquarters | Phoenix, Arizona | Cedar Rapids, Iowa |
| Assets Under Management | $69 billion assets | $131 billion Aegon USA |
| Years in IUL Business | 10+ years | 15+ years |
| Number of IUL Products | 2 | 2 |
| Typical Cap Rate Range | 8% - 10.5% | 9% - 12% |
| Participation Rates | 115% | 125% |
| Minimum Premium | $5,000 annual | $3,600 annual |
| Issue Ages | 0-85 years | 18-90 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks |