Transamerica Premier Life Insurance vs Nationwide Life Insurance Company
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
Nationwide Life Insurance Company
Founded: 1929
Columbus, Ohio
Assets
$140 billion
IUL Experience
15+ years
Products
2
Avg Cap Rate
12%
Key Strengths
Nationwide subsidiary
IUL Accumulator II 2020, IUL Protector II 2020
Cap rates 9.5-25%
Participation rates up to 315%
Detailed Feature Comparison
| Feature | Transamerica Premier Life Insurance | Nationwide Life Insurance Company |
|---|---|---|
| Founded | 1906 | 1929 |
| Headquarters | Cedar Rapids, Iowa | Columbus, Ohio |
| Assets Under Management | $131 billion Aegon USA | $140 billion |
| Years in IUL Business | 15+ years | 15+ years |
| Number of IUL Products | 2 | 2 |
| Typical Cap Rate Range | 9% - 12% | 9.5% - 25% |
| Participation Rates | 125% | 200% |
| Minimum Premium | $3,600 annual | $5,000 annual |
| Issue Ages | 18-90 years | 0-85 years |
| Underwriting Speed | 2-4 weeks | 2-4 weeks |