Financial Ratings
About North American Company
North American Company for Life and Health Insurance® is a privately held insurance company and a member of Sammons Financial Group, Inc. Based in West Des Moines, Iowa, the company has operated for over a century, offering a wide range of insurance and annuity products. It is known for strong financial stability, customer-focused service, and commitment to long-term policyholder security. North American is an employee-owned company that has consistently earned high ratings from third-party agencies for its claims-paying ability and operational performance.
Product Lineup
American Equity AssetShield Bonus 5 - Option 2
Fixed Indexed AnnuityFixed index annuity with premium bonuses up to 7% and market protection
Best for: Investors seeking principal protection with growth potential who can commit fund...
Details →Max Elite Accumulation 10
AnnuityFixed rates guaranteed for 3-10 years with tax-deferred growth
Best for: Conservative investors who want guaranteed growth, predictable returns, and tax ...
Details →Max Elite Accumulation 10
Fixed Indexed AnnuityProtected growth + market upside in one annuity
Best for: Investors aged 0–79 seeking downside protection with growth potential, who want ...
Details →Max Elite Accumulation 5
Fixed Indexed AnnuityProtected growth. Market upside. Your choice.
Best for: People within 5-10 years of retirement or already retired who want downside prot...
Details →Max Elite Accumulation 7
Fixed Indexed AnnuityProtected growth with index upside potential
Best for: Investors nearing or in retirement who want their principal protected from marke...
Details →NAC BenefitSolutions 10
Fixed Indexed AnnuityGuaranteed Income + Long-Term Care Protection
Best for: Retirees and pre-retirees aged 40-79 seeking guaranteed lifetime income, protect...
Details →NAC Control. X
Fixed Indexed AnnuityProtected growth with control. 0% floor, tax-deferred, flexible income.
Best for: Retirees and pre-retirees who want downside protection from market volatility, t...
Details →NAC Guarantee Plus
Multi-Year GuaranteedGuaranteed rates for 3-5 years with penalty-free access
Best for: Retirees and near-retirees who want to lock in guaranteed returns, preserve capi...
Details →NAC Guaranteed Allocation
Fixed Indexed AnnuityDiversified FIA with automated rebalancing & principal protection
Best for: Investors aged 0–89 seeking diversified growth with principal protection, who pr...
Details →Palladium MYG
Multi-Year GuaranteedFixed rate guaranteed for 3-10 years with tax-deferred growth
Best for: Conservative investors seeking guaranteed returns, predictable growth, and tax-d...
Details →Palladium MYG
AnnuityFixed Rates + Tax-Deferred Growth. Choose 3-10 Year Guarantees.
Best for: Conservative investors nearing or in retirement who want guaranteed growth, pred...
Details →Palladium Match MYG
AnnuityGuaranteed growth with flexibility and choice
Best for: Conservative investors seeking predictable, guaranteed growth over a defined per...
Details →PrimePath Pro 10
Fixed Indexed AnnuityGrowth potential with downside protection plus lifetime income flexibility
Best for: Individuals aged 40-79 seeking growth potential with principal protection, flexi...
Details →PrimePath Pro 12
Fixed Indexed AnnuityFixed index annuity with principal protection and lifetime income options
Best for: People approaching or in retirement who want principal protection with growth po...
Details →Smart Start Accumulator Plus with Fee
Fixed Indexed AnnuitySmart market entry + growth potential with principal protection
Best for: Growth-oriented investors who want market upside potential with principal protec...
Details →Financial Ratings
Live from CANNEXRating Agency
A.M. Best
Rating
A+
Description
Superior
Effective
March 19, 2018
Rating Agency
Fitch
Rating
A+
Description
Strong
Effective
March 19, 2018
Rating Agency
Moody's
Rating
Aa3
Description
Excellent
Effective
June 1, 2023
Rating Agency
Standard & Poor's
Rating
A+
Description
Strong
Effective
March 19, 2018
Rating Analysis
Independent financial strength ratings provide insight into an insurer’s ability to meet its ongoing policyholder and contractual obligations. North American Company holds A+ ratings from A.M. Best, S&P Global Ratings, and Fitch Ratings, each placing the company within the top tier of insurers. These high marks reflect strong capitalization, consistent profitability, low financial leverage, and prudent investment performance. The A+ rating from A.M. Best (affirmed August 13, 2024) indicates a “Superior” ability to meet long-term obligations. S&P Global Ratings and Fitch Ratings both affirmed their A+ ratings in May and June 2024 respectively, citing North American’s stable operating outlook and strong market position. These ratings are not guarantees, but they are a reliable indication of the company’s current financial health and long-standing track record.
North American Company Products
Fixed Indexed Annuities
Explore North American Company fixed indexed annuity products with current rates and features.
View Products→Multi-Year Guaranteed Annuities
Compare North American Company MYGA products with guaranteed rates and terms.
View Products→Immediate Annuities (SPIA)
View North American Company single premium immediate annuity options.
View Products→Deferred Income Annuities (DIA)
Explore North American Company deferred income and QLAC products.
View Products→Free Comparison Report
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