The Top 17 Annuity Companies to Grow and Protect Your Retirement Savings
Here are the best fixed index annuity companies. We'll dive into annuity products, A.M. Best ratings, company assets, capital, and more.
We researched and compiled the top 17 companies offering annuities in the United States. You'll find their contact details, A.M. Best ratings, financial strength, popular products, and background information below. So if you're looking for ways to retire securely, check out these annuity companies below:
Allianz Life Insurance Company of North America
A.M Best Rating: A+
Website: https://www.allianzlife.com/what-we-offer/annuities
Contact Information: 800-950-5872
Traded as: FWB: ALV
Assets: $159.8 Billion
Capital and Surplus: $7.6 Billion
Products Offered:
- Allianz 222® Annuity
- Allianz 360℠ Annuity
- Core Income 7® Annuity
Allianz Life Insurance Company of North America is based out of Minneapolis and was founded in 1896. Its parent company, Allianz SE, is headquartered in Munich, Germany and has over $1 trillion in assets. According to Forbes in 2013, it was the largest financial company and the largest company in the world.
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
Products Offered:
- RetireChoice 14
- Charter Plus 14
North American has been in the insurance and annuity industry since 1886. They are known for outstanding customer service, competitive products, and a secure financial strength. North American is a privately owned company.
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 the 2016 top-ranked workplace in Iowa.
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
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 the District of Columbia and all states except New Hampshire and New York. These states operate under its’ sister company National Integrity Life.
American General Life Insurance Company (AIG)
A.M Best Rating: A
Website: https://www.aig.com/individual/investments/annuities
Contact Information: 800-448-2542
Traded as: NYSE: AIG
Assets: $178 Billion
Capital and Surplus: $7.98 Billion
Products Offered:
- Power Index Plus Annuity
- Power Index Plus Income Annuity
- AG Choice Index 10 Annuity
- Assured Edge Income Builder
- American Pathway SolutionsMYG Annuity
- American Pathway Fixed 4 Annuity
- American Pathway Fixed 5 and Fixed 7 Annuities
AIG was founded in Shanghai, China on December 19, 1919 by Cornelius Vander Starr from Ft. Bragg, California. Its headquarters is now located in New York City and conducts business in over 80 countries and jurisdictions.
Athene Annuity and Life (Avia)
A.M Best Rating: A
Website: https://www.athene.com/
Contact Information: 888 - 266 - 8489
Traded as: NYSE: ATH
Assets: $114.8 Billion
Capital and Surplus: $2 Billion
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 to the increasing number of individuals and institution that are funding for their retirement needs.
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 the website.
Products Offered:
- Choice Income 10
- Choice Accumulation 7
- Income 150+
Global Atlantic is a financial group and is a privately owned company. All of 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.
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
Products Offered:
- Symetra Custom 7
- Symetra Edge Pro 7
Symetra Life was established in 1957. Its 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.
Its parent company, Sumitomo Life is one of the largest life insurance company in Japan. Sumitomo and Symetra have combined total assets of over $300 Billion.
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 the website.
Products Offered:
- Index Select Annuity 10
The Standard Insurance Company, branded currently as "The Standard," is a subsidiary of StanCorp Financial Group, Inc, which is owned by Meiji Yasuda Life in Tokyo, Japan. Meiji Life was founded in 1881.
The Standard Insurance Company 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.
National Western Life Insurance
A.M Best Rating: A
Website: https://www.nationalwesternlife.com/
Contact Information: 1 - 800 - 922 - 9422
Traded as: NASDAQ: NWLI
Assets: $11.1 Billion
Capital and Surplus: $1.4 Billion
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.
American Equity Investment Life Insurance Company
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
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. These claims are backed with an A- rating at A.M Best, 3rd in all-time indexed annuity sales, and 600,000 active contract owners.
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
Products Offered:
- Milestone MYGA
Sagicor started in the 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 the United States.
Sagicor is licensed to operate in 45 states including the District of Columbia.
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
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.
Fidelity & Guaranty Life Insurance
A.M Best Rating: B++
Website: https://www.fglife.com/
Contact Information: 888 - 513 - 8797
Traded as: NYSE: FG
Assets: $21 Billion
Capital and Surplus: $1.3 Billion
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 policyholders. It has a record of introducing innovative Fixed Indexed Annuity products in its business history.
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
Products Offered:
- MarketPower Bonus Index
- MarketValue Index
- MarketTwelve Bonus Index
- DynaMARC™ Indexed Annuity
EquiTrust began its annuity & insurance operations in 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.
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
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.
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
Products Offered:
- Sentinel Plan Summit Bonus Index
Sentinel is a 70-year old company. It started out as a company that sells an affordable life insurance policy designed to pay for funeral expenses. It has now grown from $2 million in assets to $617 million from 1960.
Nassau Re (Formerly The Phoenix Company)
A.M Best Rating: B+
Website: https://salesnet.nsre.com/fixed-index-annuities-and-myga-retirement-income-products.html
Assets: $24.5 Billion
Capital and Surplus: $1.3 Billion
Products Offered:
- Nassau Personal Income Annuity
- Nassau 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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