Royal Neighbors of America vs Nationwide
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
Nationwide
Founded: 1926
Columbus, Ohio
Assets
$140 billion
IUL Experience
18+ years
Products
4
Avg Cap Rate
10.25%
Key Strengths
Fortune 100 company (#72 in 2025)
Pioneer of Volatility Control Index movement
Industry-leading participation rates
Lowest cost of insurance charges in industry
Cap rates reaching 25% on certain strategies
Detailed Feature Comparison
| Feature | Royal Neighbors of America | Nationwide |
|---|---|---|
| Founded | 1895 | 1926 |
| Headquarters | Rock Island, Illinois | Columbus, Ohio |
| Assets Under Management | $1 billion | $140 billion |
| Years in IUL Business | 0+ years | 18+ years |
| Number of IUL Products | 0 | 4 |
| Typical Cap Rate Range | N/A - N/A | 6.00% - 25.00% |
| Participation Rates | N/A | 250% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | 2-4 weeks standard |