SBLI (Savings Bank Life Insurance) vs Nationwide
Comprehensive side-by-side comparison of indexed universal life insurance companies
SBLI (Savings Bank Life Insurance)
Founded: 1907
Woburn, Massachusetts
Assets
$4 billion+ assets
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Mutual company
Focuses on term and whole life
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 | SBLI (Savings Bank Life Insurance) | Nationwide |
|---|---|---|
| Founded | 1907 | 1926 |
| Headquarters | Woburn, Massachusetts | Columbus, Ohio |
| Assets Under Management | $4 billion+ assets | $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 |