Global Atlantic Annuity Reviews

profile image

Witten By Peter Hansen

2 min read

Posted - Fri Jan 05 2024

Financial Strength Ratings

Global Atlantic's insurance companies maintain high financial strength ratings from third party agencies. These ratings apply to the individual financial strength of Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company, Forethought Life Insurance Company, Global Atlantic Assurance Limited, and Global Atlantic Re Limited.

A.M. Best

02/06/2023

Excellent

Outlook: Stable

Fitch

02/06/2023

Strong

Outlook: Stable

Standard & Poor's

02/06/2023

Strong

Outlook: Positive

Moody's

02/06/2023

Sixth of 21

Outlook: Stable

All about GLOBAL-ATLANTIC

As I approach retirement, understanding annuity rates becomes crucial. The annuity rate report provided me with the knowledge to compare and choose the best rates, empowering me to maximize my savings and secure a financially sound future.

Les Balmer

Recently retired. Dallas,Texas

Start Your Custom Annuity Report Now

Global Atlantic Financial Group, established as Goldman Sachs Reinsurance Group in 2004 and operating independently since 2013, is a significant provider in the annuity market. In 2021, it became a majority-owned subsidiary of KKR & Co. Inc. Global Atlantic focuses on providing clear value to customers with a commitment to maintaining its performance promises. Global Atlantic is noted for its strong financial stability, with high ratings from major credit rating agencies.

The company offers a diverse range of annuity products catering to various retirement planning needs. Key annuity products offered by Global Atlantic include:

Fixed Annuities: Global Atlantic's fixed annuities, such as ForeCare and SecureFore, offer fixed, guaranteed growth with protection from stock market volatility. These products are suitable for individuals seeking stable growth with minimal risk.

Variable Annuities: The variable annuity product, ForeInvestors Choice, provides a selection of around 100 professionally managed investments, offering the highest tax-deferred growth potential, albeit with greater risk.

Fixed Index Annuities (FIAs): These annuities, including ForeAccumulation II, ForeIncome II, and others, offer growth potential without the risk of market downturns. They can be tied to a stock index or a fixed interest rate, offering a balance between growth and protection.

Income Annuities: The income annuity product, ForeCertain, provides a steady income stream for essential or lifestyle expenses. It can be structured to pay out over a specific period or for life, with options for immediate or future income.

In our commitment to providing unbiased, data-driven analysis, we have thoroughly reviewed several Global Atlantic Annuities. Our reviews take a deep dive into the intricate components of each annuity product, examining key factors such as the indexes used, crediting methods, cap and participation rates, surrender charge schedules, rider options, the overall financial strength of the company, and much more.

Our purpose is to simplify the complex world of annuities for you, transforming complex financial jargon into clear, actionable information. So, whether you are a novice investor trying to understand the basics, an experienced investor seeking advanced financial strategies, or an advisor searching for in-depth analysis, our Global Atlantic Annuities reviews can cater to your needs.