Are you looking for the best Indexed Universal (IUL) Independent Insurance Companies, Insurance Brokers or Insurance Agents?

Having indexed universal life insurance gives peace of mind knowing that your loved ones will be taken care of financially if something happens to you.

Also (and this is a BIG reason why people use Indexed Universal Life) it offers the potential for tax-free cash value growth while you are alive.

In this article, we’ll take a look at some of the best indexed universal life insurance companies and the best independent brokers who can help you find the best plan. We’ll provide the benefits offered by the company.

Let’s get started.

Disclaimer: The information in this article is NOT financial advice and is for informational purposes only. Always do your own research and speak to a licensed financial professional before making any decisions. Some of the products or services featured on our website include affiliate or partner links that may compensate us, at no extra cost to you, if you decide to make a purchase.

Why work with an independent IUL insurance broker?

Working with an independent IUL broker gives you many advantages including:

  • Unbiased advice: Some insurance brokers who work for one specific insurance company are not able to recommend products or services (that might be a better fit for you) if they’re from another insurance company. An independent insurance broker can compare all the options and do what’s best for you.
  • Consulting: When comparing IUL quotes from different insurance companies, it can be confusing and difficult to understand which option is best. An independent financial consultant can explain the different features in plain English and recommend the best option for your unique situation.
  • Ongoing support: A good financial advisor or insurance broker will continue to help you if you have any questions or need to make any changes to your IUL plan in the future.
  • Saves time: Working with an independent IUL insurance agent can save a lot of time. Instead of researching all the different options, calling insurance companies and requesting quotes, they do all the work for you.
  • Save money: Working with an independent IUL insurance agent doesn’t cost you any extra. In fact, many insurance agents are able to save their clients money because they know all the ins and outs of Indexed Universal Life plans.

Who are the best independent IUL insurance agents in the USA?

Here are some helpful independent insurance agents in the USA:

Best for residents anywhere in the USA


1. Brent N. Robbins CPA, MPrA

Brent is an independent insurance broker licensed in every state in the USA. He is also a licensed CPA. He understands how IULs can affect every area of your finances and he can help you determine which IUL is best for you and your situation.

Learn more about working with Brent by watching his free educational video first.

Best for California residents

Paul Ritchie

2. Paul Ritchie

Paul is a retirement planning specialist who specializes in helping people in California grow and protect their wealth with Indexed Universal Life insurance.

Learn more about working with Paul by watching his free educational video first.

Best for Florida Residents

3. Michael Lozenik

Michael helps professionals in Florida grow and protect their wealth in retirement with IUL’s among many other financial services. Michael also specializes in building a tax-free retirement income.

Learn more about working with Michael by watching his free educational video first.

What are the best Indexed Universal Life Insurance Companies?

The best indexed universal life insurance companies for YOU all depend on your unique situation. That’s why it’s recommended you speak to a financial professional who can review your options and guide you in choosing the right IUL plan for you.

That being said, here are some of the most trusted insurance companies that offer IUL insurance:

  • Northwestern Mutual Insurance Company
  • Mutual of Omaha
  • Penn Mutual
  • Nationwide
  • Pacific Life
  • Lincoln Financial
  • Principal Financial
  • American National
  • Allianz

Here’s a more detailed breakdown of each IUL insurance company:

1. Northwestern Mutual Insurance Company

Northwestern Mutual insurance company

It’s pretty tough to decide whether the insurance company you’ve chosen will take care of your loved ones in the future in the right way or not. Keeping this in mind, the first one we’ve selected is the Northeastern Mutual Insurance Company.

  • It’s a reputable organization that was established in 1857
  • HQ is located in Milwaukee, serving for many years in financial services
  • One of the largest insurance companies, with around 7.5% of the market share
  • Has been serving its policyholders for over 150 years.

Click here to learn more about Northwestern Mutual’s universal life insurance

The company offers two types of offers that are term and permanent life policies. Term policies expire after a certain period, whereas permanent policies establish cash value that can be used for expenditures like college fees. Term policies are valid for up to 10 to 20 years or until you become 80. You can also convert it into a lifetime policy.

Whereas permanent policies include universal and whole both. That also includes various add-ons that might cost you extra. You can see estimated rates on the website; however, you must contact a licensed insurance agent for detailed quotes.

2. Mutual of Omaha

Mutual of omaha insurance company

Mutual of Omaha insurance company offers various products including universal life insurance (IUL) policies.

  • The company was founded in 1909 and provided services as a mutual company in Omaha
  • Along with life insurance, it includes disability income insurance, Medicare supplement insurance, and insurance for long-term care
  • It also includes financial services that include annuities and mortgages
  • The company’s term life policies begin with $100,000 for 10 to 30 years

Mutual of Omaha’s indexed universal life policies include accelerated death benefits, downside protection, and security of refund option riders.

Learn more about Mutual of Omaha’s Universal Life insurance.

If your age is 45-80, you are eligible for the whole life insurance policies of the company. For riders, the company also offers to round out their protection. For them, term life policies include chronic illnesses, accelerated death benefits, and guaranteed refund options. If you want, you can add an insured term rider and a child depending on the rider to cover the whole family.

For a Mutual of Omaha life-indexed insurance policy, you need to have a quote or get in touch with a licensed agent.

3. Penn Mutual

Penn Mutual homepage

Another life insurance company that has been providing indexed universal life insurance for many years is Penn Mutual. Founded in 1847, the company makes many lists of the top-rated life insurance companies.

Penn Mutual offers life insurance policies with various benefits that suit people’s needs, like people’s investment goals, financial markets, and budgets.

Click here to visit Penn Mutual

4. Nationwide

Nationwide insurance company

Another organization that is renowned for providing index universal life insurance policies is Nationwide.

Nationwide was founded in 1925. The company offers various policies to consumers, including auto, life, homeowners, pet insurance, renters, and more. The headquarters of the company is located in Columbus, Ohio.

The company’s insurance policy’s durability is 10 to 30 years, along with the provided coverage to age 95. Term policies of the companies can be converted into permanent policies for age 65 and renewable.

The company’s universal life insurance policies offer tax-free death benefits, tax-deferred earnings, and the flexibility to adjust your premium payments.

Moreover, Nationwide provides an excellent selection of riders that includes ads for critical illness, chronic illness, and terminal disease without paying any extra cost on most of its insurance policies. You can also avail of children’s term insurance coverage and long-term care protection.

Learn more about Nationwide’s Universal Life Insurance

5. Pacific Life

Pacific Life Insurance Company IUL website

If you are looking for one of the top life insurance firms, Pacific Life is a great choice. The company has constantly been on the top list of top IUL companies for many years in terms of selling products since the company developed its very first indexed universal life products.

The company started its journey in 1868. With time, the company’s financial services expanded, including accident insurance, an investment management subsidiary called PIMCO, annuity, commercial real estate, mutual funds, and retirement plans or solutions.

Click here to learn more about Pacific Life

6. Lincoln Financial

Lincoln universal life insurance website

The Lincoln Financial insurance company offers various term and universal life insurance options.

The company offers insurance and financial planning and solutions to employees and individuals. The company offers term policies ranging from 10 to 30 years and universal policies that build cash value to benefit applicants.

What’s good about Lincoln Financial compared to other IUL insurance companies is that you can also convert term policies to universal policies provided your age is not over 70.

7. Principal Financial

Principal Financial insurance company provides services to around 17 nations across international markets. The company gives term and universal life insurance policies in all 50 states.

This insurance company specializes in insurance, retirement solutions, and plans, investment through the diverse families of financial services companies.

8. American National

American National IUL

American National is another good Indexed Universal Life insurance company founded in 1905 in Galveston, Texas.

The company offers whole life, Term life, Universal life, indexed life, and credit life, along with the three types of annuities. Annuity includes fixed deferred, indexed deferred, and single premium immediate annuity.

In health, the company benefits its consumers in various ways, including Medicare and health supplements, credit disability, and employer stop loss.

In property and casualty, you’ll be benefited in several ways, such as auto and home insurance, renters, collector car, agribusiness, and umbrella insurance.


Because every situation is different, to find the best Indexed Universal Life insurance company you need to speak to a financial professional who specializes in IULs. A financial professional will be able to look at your unique situation and give you advice on the best IUL insurance policy for your unique circumstances.

Please note: If you’re a financial advisor looking for annuity leads, be sure to read this article that explains how to get more financial advisor leads.