Royal Neighbors of America vs John Hancock Life Insurance Company (U.S.A.)
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
John Hancock Life Insurance Company (U.S.A.)
Founded: 1862
Boston, Massachusetts
Assets
Part of Manulife with CA$1.4 trillion AUM
IUL Experience
15+ years
Products
4
Avg Cap Rate
8.00%
Key Strengths
160+ years in business
Comdex rating of 93 (among highest)
John Hancock Vitality Program (wellness-based rewards unique to industry)
Survivorship UL gold standard for estate planning
Strong with high-risk medical conditions
Detailed Feature Comparison
| Feature | Royal Neighbors of America | John Hancock Life Insurance Company (U.S.A.) |
|---|---|---|
| Founded | 1895 | 1862 |
| Headquarters | Rock Island, Illinois | Boston, Massachusetts |
| Assets Under Management | $1 billion | Part of Manulife with CA$1.4 trillion AUM |
| Years in IUL Business | 0+ years | 15+ years |
| Number of IUL Products | 0 | 4 |
| Typical Cap Rate Range | N/A - N/A | 7.50% - 9.00% |
| Participation Rates | N/A | 110% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 20-70 (Accumulation IUL with Vitality) |
| Underwriting Speed | N/A | 3-4 weeks standard |