Voya Financial vs Standard Insurance Company
Comprehensive side-by-side comparison of indexed universal life insurance companies
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
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
Detailed Feature Comparison
| Feature | Voya Financial | Standard Insurance Company |
|---|---|---|
| Founded | 1991 | 1906 |
| Headquarters | New York, NY | Portland, Oregon |
| Assets Under Management | $458 billion+ AUM | $20 billion |
| Years in IUL Business | 5+ years | 0+ years |
| Number of IUL Products | 5 | 0 |
| Typical Cap Rate Range | 8% - 10% | N/A - N/A |
| Participation Rates | 110% | N/A |
| Minimum Premium | $5,000 annual | N/A |
| Issue Ages | 0-85 years | N/A |
| Underwriting Speed | Orange Pass: 5 business days | N/A |