Jackson Life Insurance is one of the largest life insurance companies in the United States. The company is a leading provider of variable, fixed and fixed index annuities. Named after Andrew Jackson, the seventh president of the United States, Jackson Life first opened for business in 1961. It's a family-owned insurance and annuity company that has evolved into a diversified retirement services provider.
The company has always been successful in providing advisers with the products, tools and support they need to design effective retirement solutions for their clients. Since 1995, Jackson has broadened its product lineup beyond its traditional offering to include variable annuities, fixed index annuities and institutional products such as guaranteed investment contracts, funding agreements, and medium-term notes.
The major disadvantage of choosing Jackson National Life Insurance is that they, ironically, do not sell life insurance any longer. While they do provide great options for annuities and retirement plans, those seeking life insurance will need to look elsewhere.
Outside of life insurance, Jackson National provides competitive rates on:
To learn more about Jackson National’s annuity offerings, you can visit their website.
Before making any decisions or commitments to a financial provider, it is vitally important that you check its financial strength ratings in order to be confident that the company will be able to pay any and all claims down the road. Take a look at how the top rating agencies have categorized Jackson National.
Agency | Rating | Description |
A.M. Best | A+ | Superior |
Standard & Poor´s | AA | Very Strong |
Moody´s | A1 | Good |
Fitch | AA | Very Strong |
Regardless of your first impression of a company, it’s always best to compare the quoted rates with other life insurance providers. Each person’s situation is unique, and different companies may be more suited for specialized cases. However, those looking for life insurance will want to look elsewhere toward companies that carry life insurance products.
If you are in the market for life insurance, while Jackson National may not be for you, we partner with many of the leading industry providers in order to match our clients up with the company and policy that meets their needs. Reach out to us today to get a free quote and to have our agents work alongside you to make the policy buying process as simple and smooth as possible.