Transamerica Premier Life Insurance vs Foresters Financial
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
Foresters Financial
Founded: 1874
Buffalo, NY (U.S.); Ontario, Canada
Assets
$2.6+ billion AUM; RBC Ratio: 451%
IUL Experience
10+ years
Products
2
Avg Cap Rate
8.5%
Key Strengths
150+ year history
Fraternal benefit society - member benefits include scholarships, grants, wellness programs
$31.2 million in social good impact (2023)
Diabetes coverage (non-med up to Table 12)
Backed by Sumitomo Life - $330B+ combined assets
Detailed Feature Comparison
| Feature | Transamerica Premier Life Insurance | Foresters Financial |
|---|---|---|
| Founded | 1906 | 1874 |
| Headquarters | Cedar Rapids, Iowa | Buffalo, NY (U.S.); Ontario, Canada |
| Assets Under Management | $131 billion Aegon USA | $2.6+ billion AUM; RBC Ratio: 451% |
| Years in IUL Business | 15+ years | 10+ years |
| Number of IUL Products | 2 | 2 |
| Typical Cap Rate Range | 9% - 12% | 7% - 10% |
| Participation Rates | 125% | 110% |
| Minimum Premium | $3,600 annual | $3,600 annual |
| Issue Ages | 18-90 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 3-4 weeks standard |