Standard Insurance Company vs Voya Financial
Comprehensive side-by-side comparison of indexed universal life insurance companies
Standard Insurance Company
Founded: 1906
Portland, Oregon
Assets
$20 billion
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Focuses on group disability and employee benefits
7.5M customers
Voya Financial
Founded: 1991
New York, NY
Assets
$458 billion+ AUM
IUL Experience
5+ years
Products
5
Avg Cap Rate
9%
Key Strengths
Offers 5 IUL products
NOTE: Individual sales discontinued 2019-2020; primarily group/workplace only
Orange Pass accelerated underwriting
Detailed Feature Comparison
| Feature | Standard Insurance Company | Voya Financial |
|---|---|---|
| Founded | 1906 | 1991 |
| Headquarters | Portland, Oregon | New York, NY |
| Assets Under Management | $20 billion | $458 billion+ AUM |
| Years in IUL Business | 0+ years | 5+ years |
| Number of IUL Products | 0 | 5 |
| Typical Cap Rate Range | N/A - N/A | 8% - 10% |
| Participation Rates | N/A | 110% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | Orange Pass: 5 business days |