The Top 15 Fixed Index Annuity Companies | SolidIncome.NET

The Top 15 Fixed Index Annuity Companies

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The Top 15 Fixed Index Annuity Companies

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It’s hard to look for companies offering fixed index annuities. Some companies may even not offer an annuity plan that you want. So we researched and compiled the top 15 companies offering fixed index annuities. We placed their website and number info for you to easily contact them. We also highlighted some of their information like ratings, financial strength, and top products.  

The Top 15 Fixed Index Annuity Companies:

1) Guggenheim Life and Annuity

A.M Best Rating: B++

Website: https://guggenheimlife.com/

Contact Information: 800 - 990 - 7626

Assets: $13 Billion

Capital and Surplus: $651 million

Top Products Offered:

  • Trivysta™ Fixed Indexed Annuity
  • ​Highlander™ Fixed Indexed Annuity

Guggenheim Life is a subsidiary of Guggenheim Partners. They operate businesses in investment management, investment banking, and insurance services.

Guggenheim Life is licensed and authorized to do business in 49 states (all except New York) and the District of Columbia.  

2) Fidelity & Guaranty Life Insurance

A.M Best Rating: B++

Website: https://home.fglife.com/

Contact Information: 888 - 513 - 8797

Assets: $21 Billion

Capital and Surplus: $1.3 Billion

Best Products Offered:

  • Safe Income Plus
  • ​Performance Pro

Fidelity & Guaranty Life has been in the business of annuity for 60 years. It has 700,000 recorded policy holders. It has a record of introducing innovative Fixed Indexed Annuity products in its business history.

3) Sentinel Security Life Insurance

A.M Best Rating: B++

Website: https://www.sslco.com/

Contact Information: 1 - 800 - 433 - 4795

Assets: $617 Milion

Capital and Surplus: $40 Million

Best Products Offered:

  • Sentinel Plan Summit Bonus Index

Sentinel is a 70-year old company. It started out as a company that sells affordable life insurance policy designed to pay for funeral expenses. It has now grown from $2 million in assets to $617 million from 1960.

4) EquiTrust Life Insurance

A.M Best Rating: B++

Website: https://www.equitrust.com/

Contact Information: 888 - 400 - 5759

Assets: $18.2 Billion

Capital and Surplus: $0.9 Billion

Best Products Offered:

  • MarketPower Bonus Index
  • MarketValue Index
  • MarketTwelve Bonus Index
  • DynaMARC™ Indexed Annuity

EquiTrust began its annuity & insurance operations on 2003. It boasts life insurance & annuity products that are competitive and client-friendly. EquiTrust was purchased by Guggenheim Partners from FBL Financial Group from 2011. On 2015, Magic Johnson Enterprises acquired shares of EquiTrust and is now a controlling shareholder.

5) American Equity Investment Life

A.M Best Rating: A-

Website: https://www.american-equity.com/

Contact Information: 888 - 221 - 1234

Assets: $47 Billion

Capital and Surplus: $2.7 Billion

Best Products Offered:

  • Retirement GOLD
  • Choice 10
  • Rate Shield 10+

American Equity Investment Life is an american-owned company that is regarded as the leader in fixed index annuities in the market. They attribute their companies growth to its excellent customer service and building customer relationship. This claims are backed with A- rating at A.M Best, 3rd in all-time indexed annuity sales, and 600,000 active contract owners.

6) Athene Annuity and Life

A.M Best Rating: A

Website: https://www.athene.com/

Contact Information: 888 - 266 - 8489

Assets: $114.8 Billion

Capital and Surplus: $2 Billion

Best Products Offered:

  • Ascent 10 Bonus 2.0
  • Ascent Pro 10 Bonus
  • Performance Elite 10

Athene is a leading retirement services company. It issues, reinsures, and acquires retirement savings product. The products are designed to cater the increasing number of individuals and institution that are funding for their retirement needs.

7) North American Company

A.M Best Rating: A+

Website: https://www.northamericancompany.com/

Contact Information: 866 - 322 - 7069

Assets: $22 Billion

Capital and Surplus: $1.4 Billion

Best Products Offered:

  • RetireChoice 14
  • Charter Plus 14

North American has been in the insurance and annuity industry since 1886. They boast of outstanding customer service, competitive products, and a secure financial strength. North American is a privately owned company. This means that stocks of the company are not publicly traded. This eases up pressure for the company to earn on a short-time basis.

North American’s parent company is Sammons Financial Group, Inc (SFG). It is one of the largest privately-owned company in the United States. SFG was also awarded 2016 top-ranked workplace in Iowa.   

8) Integrity Life Insurance

A.M Best Rating: A+

Website: http://www.wsfinancialpartners.com/

Contact Information: 800 - 325 - 8583

Assets: $7.9 Billion

Capital and Surplus: $808 Million

Best Products Offered:

  • Indextra™ Fixed Indexed Annuity 10
  • ​Indextra™ Fixed Indexed Annuity 7

Integrity Life is a member of Western & Southern Financial Group. Integrity Life is an Ohio based company that has been in business since 1966. Integrity Life is licensed to operate in District of Columbia and all states except New Hampshire and New York. These states operate under its’ sister company National Integrity Life.

9) National Western Life Insurance

A.M Best Rating: A

Website: https://www.nationalwesternlife.com/

Contact Information: 1 - 800 - 922 - 9422

Assets: $11.1 Billion

Capital and Surplus: $1.4 Billion

Best Products Offered:

  • Ultra Future
  • ​Ultra Classic

National Western Life is a subsidiary of National Western Life Group, Inc. It’s licensed to operate in forty-nine states and the District of Columbia. Their operations extend not only domestically but in the world market.

10) Oxford Life Insurance

A.M Best Rating: A-

Website: https://www.oxfordlife.com/

Contact Information: 866 - 641 - 9999

Assets: $1.6 Billion

Capital and Surplus: $189 Million

Best Products Offered:

  • Royal Select
  • ​Silver Select

Oxford Life Insurance Company was founded in Arizona in 1965. It has North American Insurance Company and Christian Fidelity Insurance Company as its subsidiaries. These companies work together to form a strong financial foundation for insurance and annuities.

11) Symetra Life Insurance

A.M Best Rating: A

Website: https://www.symetra.com/

Contact Information: 800 - 796 - 3872

Assets: $42.9 Billion

Capital and Surplus: $2 Billion

Best Products Offered:

  • Symetra Custom 7
  • Symetra Edge Pro 7

Symetra Life was established in 1957. It’s annuities are with transparent features and benefits. It was awarded the “Wards 50” top performing life-health company. It’s also ranked #2 seller of fixed indexed annuities in 2017.

It’s parent company, Sumitomo Life is one of the largest life insurance company in Japan. Sumitomo and Symetra has a combined total assets of over $300 Billion.

12) Global Atlantic

A.M Best Rating: A

Website: https://www.globalatlantic.com/

Contact Information: 866 - 645 - 2449

Assets: $50 Billion

Capital and Surplus: Not stated in website

Best Products Offered:

  • Choice Income 10
  • Choice Accumulation 7
  • Income 150+

Global Atlantic is a financial group and is a privately owned company. All Global Atlantic are its subsidiary.  All its subsidiaries offer a broad range of retirement and life insurance products. The variety of products helps you customize your retirement plan to suit your needs.

13) Sagicor Life Insurance

A.M Best Rating: A-

Website: https://www.sagicorlifeusa.com/

Contact Information: 246 - 467 - 7500

Assets: $6.8 Billion

Capital and Surplus: $932 Million

Best Products Offered:

  • Milestone MYGA

Sagicar started in USA in 1954. Sagicor is a subsidiary of Sagicor Financial Corporation Limited (SFC). It’s one of the oldest insurance groups in the Americas. They operate in 22 countries that are mainly in the Caribbean, Latin America, and United States.

Sagicor is licensed to operate in 45 states including the District of Columbia.

14) The Standard Insurance

A.M Best Rating: A

Website: https://www.standard.com/

Contact Information: 800 - 247 - 6888

Assets: $30.17 Billion

Capital and Surplus: Not stated on website

Best Products Offered:

  • Index Select Annuity 10

The Standard is a subsidiary of StanCorp Financial Group, Inc. It has provided insurance coverage to more than 6 million individuals. Standard Insurance has around 178,500 policy and annuity holders.

It is licensed in 49 states, the District of Columbia, and the United States territories of Guam, Puerto Rico, and the Virgin Islands.

15) The Phoenix Company

A.M Best Rating: B

Website: https://phoenixsalesnet.nsre.com/index.html

Contact Information: 336 - 765 - 9332

Assets: $18.5 Billion

Capital and Surplus: $804 Million

Best Products Offered:

  • Phoenix Personal Income Annuity
  • ​Phoenix Personal Protection Choice Annuity

Phoenix has been in business for 165 years. It’s based in Hartford, Connecticut. It was recently acquired and became a subsidiary of Nassau Re. With this recent acquisition the financial strength of the company has improved. They have 365,000 policies and contracts. Their annuity funds amount to $5.3 Billion.

With your search narrowed down to 15, we hope we made it easier for you to choose. These companies have been reviewed by A.M best, a rating service company. They rate companies according to balance sheet strength, operating performance, and business profile.

 

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