North American
A privately held Sammons Financial Group life-and-annuity carrier with ARHQ product pages tied to live CANNEX-backed fixed indexed and MYGA data.
Financial strength
A+
AM Best
A+
S&P Global
A+
Fitch
A+ / A+ / A+ rated
North American and Sammons publish A+ ratings from AM Best, S&P Global, and Fitch; ARHQ reconciles AM Best with the live CANNEX feed.
Sammons member company
Sammons Financial says North American is one of its member companies.
Privately held
North American says its private ownership helps it avoid short-term public-market earnings pressure.
Founded 1886
North American traces its roots to the North American Accident Association in 1886.
FIA + MYGA focus
North American presents fixed index annuities, MYGAs, and SPIAs as its consumer annuity options.
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Income FIAs
Selected product: Income Pay Pro
An income-focused fixed indexed annuity group for comparing rider-driven lifetime-income scenarios.
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Explore North American products
North American’s lineup, grouped by what each product group is built to do. Current rates are pulled from the daily carrier rate service.
Fixed Index Annuity - Growth
Index-linked annuities built for protected growth, with caps, participation rates, and fixed-account options surfaced from live product data.
- Growth-oriented FIAs grouped by accumulation purpose
- Individual product pages carry current rates, terms, riders, and disclosures
Best for: Buyers comparing principal-protected growth potential before opening a product page for the full live strategy set.
Max Elite Accumulation 5
A five-year-surrender fixed indexed annuity from an A+ rated North American, built for short-window index-linked accumulation through annual point-to-point caps on the S&P 500 and a proprietary S&P 500 Dynamic Intraday TCA index, with no income rider, no premium bonus, and a published annual free-withdrawal allowance.
S&P 500 annual cap rate
9.65%
Max Elite Accumulation 7
A seven-year-surrender fixed indexed annuity from an A+ rated North American, built for cap-based index-linked accumulation through annual point-to-point caps on the S&P 500 and a proprietary S&P 500 Dynamic Intraday TCA index, with no income rider, no premium bonus, and a published annual free-withdrawal allowance.
S&P 500 annual cap rate
9.3%
Max Elite Accumulation 10
A ten-year-surrender fixed indexed annuity from an A+ rated North American, the long-surrender member of the Max Elite Accumulation family, built for cap-based index-linked accumulation through annual point-to-point caps on the S&P 500 and a proprietary S&P 500 Dynamic Intraday TCA index, with no income rider, no premium bonus, and a published annual free-withdrawal allowance.
S&P 500 annual cap rate
9.05%
NAC BenefitSolutions 10
A ten-year-surrender fixed indexed annuity from an A+ rated North American with an optional 'Benefits Rider' GLWB for lifetime income, a published annual free-withdrawal allowance plus nursing-home and RMD waivers, and a mixed S&P 500 cap and proprietary-index participation menu underneath.
Lifetime payout (GLWB)
4.35%
NAC Control. X
A ten-year-surrender fixed indexed annuity from an A+ rated North American with a real optional 'Total Control Rider' GLWB available in Level Income and Increasing Income flavors, a published annual free-withdrawal allowance, a nursing-home surrender waiver, and a mixed S&P 500 cap and Barclays Transitions participation menu underneath.
Lifetime payout (GLWB)
3.25%
NAC Guaranteed Allocation
A five-year-surrender fixed indexed annuity from an A+ rated North American with a model-blend strategy menu (Model Blend A/B/C/D) rather than published index caps or participation rates, with no income rider, no premium bonus, and a published annual free-withdrawal allowance.
Fixed Rate
3.9%
NAC VersaChoice 10
A ten-year-surrender fixed indexed annuity from an A+ rated North American, built for accumulation through an S&P 500 annual point-to-point cap, an S&P 500 monthly-sum cap, and participation strategies on Morgan Stanley, Fidelity, S&P MARC, and Goldman Sachs proprietary indexes, with no income rider, no premium bonus, and a published annual free-withdrawal allowance.
S&P 500 annual cap rate
10.1%
North American Charter Plus 10
A ten-year-surrender fixed indexed annuity from an A+ rated North American with a published up-front premium bonus, an S&P 500 annual cap and monthly-sum cap, participation strategies on multiple proprietary indexes, a published annual free-withdrawal allowance, and a nursing-home surrender waiver, with no income rider.
S&P 500 annual cap rate
6%
North American Charter Plus 14
A 14-year-surrender bonus FIA from an A+ rated North American — the long-surrender variant of the Charter Plus family — with a higher up-front premium bonus and a higher S&P 500 annual cap than the 10-year sibling, an S&P 500 monthly-sum cap, proprietary-index participation strategies, a published annual free-withdrawal allowance, and a nursing-home surrender waiver, with no income rider.
Cap Rate
6.5%
North American Secure Horizon
A ten-year-surrender fixed indexed annuity from an A+ rated North American, built for index-linked accumulation through a wide menu of proprietary-index participation strategies (S&P PRISM ER, Research Affiliates Global Multi-Asset, Loomis Sayles Managed Futures, NYSE Global Equity Adaptive Rotator) — each offered in fee-bearing and no-fee variants — alongside a real S&P 500 annual point-to-point cap, with no income rider and a published annual free-withdrawal allowance.
S&P 500 annual cap rate
8.5%
North American Secure Horizon Accelerator
A ten-year-surrender bonus FIA from an A+ rated North American — the premium-bonus variant of the Secure Horizon family — with an up-front bonus, the same wide proprietary-index participation menu and S&P 500 annual cap as the base sibling (but at lower headline rates), each strategy offered in fee-bearing and no-fee variants, a published annual free-withdrawal allowance, and a nursing-home surrender waiver, with no income rider.
S&P 500 annual cap rate
5%
North American Secure Horizon Choice
A seven-year-surrender fixed indexed annuity from an A+ rated North American — the short-surrender member of the Secure Horizon family — with a stronger S&P 500 annual cap than the 10-year base sibling, the same proprietary-index participation menu offered in fee-bearing and no-fee variants, a published annual free-withdrawal allowance, and both nursing-home and RMD surrender waivers, with no income rider.
S&P 500 annual cap rate
6.5%
North American Secure Horizon Plus
A ten-year-surrender high-bonus FIA from an A+ rated North American — the largest-bonus variant of the Secure Horizon family — with a sizable up-front premium bonus paid for by lower caps and lower participation rates than the base sibling, a narrower state-availability footprint, single-life annuitization only, and a published annual free-withdrawal allowance, with no income rider.
S&P 500 annual cap rate
4.25%
Performance Choice 8
An eight-year-surrender fixed indexed annuity from an A+ rated North American, built for cap-led accumulation through a competitive S&P 500 annual point-to-point cap alongside an S&P 500 monthly-sum cap and participation strategies on multiple proprietary indexes, with no income rider, no premium bonus, a published annual free-withdrawal allowance, and a nursing-home surrender waiver.
S&P 500 annual cap rate
8.9%
PrimePath Pro 10
A ten-year-surrender fixed indexed annuity from an A+ rated North American with a real optional 'Lifetime Payment Amount (LPA) Rider' GMWB available in Level Income and Increasing Income flavors at multiple withdrawal-rate tiers, a competitive S&P 500 annual cap and proprietary-index participation menu underneath, a published annual free-withdrawal allowance, and a nursing-home surrender waiver.
Lifetime payout (GLWB)
3.5%
PrimePath Pro 12
A 12-year-surrender fixed indexed annuity from an A+ rated North American — the long-surrender variant of the PrimePath Pro family — with the same optional 'Lifetime Payment Amount (LPA) Rider' GMWB as the 10-year sibling, a participation-led underlying menu on Morgan Stanley and S&P proprietary indexes alongside a conservative S&P 500 annual cap, narrower state availability, a published annual free-withdrawal allowance, and a nursing-home surrender waiver.
Cap Rate
9%
Rates are pulled live from CANNEX via the AdvisorWorld data feed · 2026-06-28. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
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Find your fit
Start with the retirement job, then open the live North American product page that matches it. Rates, riders, caps, guaranteed terms, and state rules stay tied to CANNEX-backed detail.
How lifetime income builds
See how a guaranteed-income benefit can turn a premium into lifetime income using this carrier’s current income terms.
Lifetime withdrawal rate
4.35%
Base-growth terms
Not published
no roll-up or income-base bonus returned
Annual fee
1.2%
benefit charge
Premium
$100,000
Income calculation value
$100,000
Annual lifetime income
$4,353
Shows this income option’s 4.35% guaranteed lifetime withdrawal rate applied to your premium. Current data did not publish a separate income-base roll-up or income-base bonus for this option — confirm base-growth terms in a carrier illustration.
Company overview
What North American is
North American says it provides life insurance and annuity solutions and has helped people secure their future and protect loved ones for more than a century.
Checked 2026-06-18 · North American Why Choose page
Sammons Financial describes North American as a leading provider of life insurance and annuities in the United States that has fulfilled commitments to customers since 1886.
Checked 2026-06-18 · Sammons Financial North American page
North American says annuities and life insurance are issued by, and product guarantees are solely the responsibility of, North American Company for Life and Health Insurance.
Checked 2026-06-18 · North American Why Choose page
Scale, labeled
Customers served
1M+
North American-published customers served figure.
North American Annual Statement 2024 · North American Why Choose page
Distribution partners
121K+
North American-published agents and agencies figure.
North American Annual Statement 2024 · North American Why Choose page
Policies in force
463K / 234K
North American-published life insurance and annuity policies in force.
As of 2024-12-31 · North American Why Choose page
Employees
2K+
North American-published employee figure.
North American Annual Statement 2024 · North American Why Choose page
History highlights
North American was founded as North American Accident Association in 1886.
1886 milestone · North American history page
North American actively entered the brokerage marketplace in 1981.
1981 milestone · North American history page
Sammons Annuity Group, North American's annuity division, was founded in 2001.
2001 milestone · North American history page
Private ownership inside Sammons Financial
North American is a member company of Sammons Financial Group, and Sammons says North American annuities are backed by the issuing company rather than the marketing group.
Checked 2026-06-18 · Sammons Financial North American page
North American contrasts its private ownership with public-company earnings pressure and says it makes business decisions around customers, distribution partners, employees, and communities.
Checked 2026-06-18 · North American Why Choose page
Sammons describes North American as employee-owned in the insurance-industry context, with private ownership supporting personal service to customers and distribution partners.
Checked 2026-06-18 · Sammons Financial North American page
Financial strength
AM Best
CurrentA+
Superior financial-strength rating; ARHQ reconciles this row with the live CANNEX AM Best value at render.
Effective 2025-08-13; live CANNEX value at render
Sammons Financial investor relations; CANNEX ratings feed · current rating check
S&P Global
A+
Strong insurer financial-strength rating for North American as a Sammons Financial Group member company.
Affirmed 2025-05-15
North American Why Choose page; Sammons Financial investor relations
Fitch
A+
Stable insurer financial-strength rating shown for North American and Midland National in Sammons investor materials.
Assigned/affirmed 2025-06-17 in Sammons investor materials
What makes North American different
Private, employee-ownership context
North American is the clearest ARHQ example of a privately held, Sammons-connected carrier that explicitly contrasts its model with public-company earnings pressure.
Checked 2026-06-18 · North American Why Choose page; Sammons Financial North American page
Issuer-level guarantee clarity
North American and Sammons both state that annuities and life insurance are issued by North American Company for Life and Health Insurance, with guarantees solely its responsibility.
Checked 2026-06-18 · North American Why Choose page; Sammons Financial North American page
Fixed index annuity orientation
North American says fixed index annuities are its most popular annuity type and frames them around market-loss protection plus growth opportunity.
Checked 2026-06-18 · North American annuity options page
Plain-language education
The Plan For Tomorrow library covers annuity education, guaranteed income, retirement planning, life insurance, financial literacy, and money management topics.
Checked 2026-06-18 · North American Plan For Tomorrow annuities page
About North American
North American Company for Life and Health Insurance is a Sammons Financial member company with life insurance and annuity lines. It should not be described as a mutual insurer or as a publicly traded company.
Checked 2026-06-18 · North American Why Choose page; Sammons Financial North American page
The company frames annuities around FIA, MYGA, and SPIA options: indexed growth with protection, fixed-rate guarantees for selected periods, and immediate income for life or a set period.
Checked 2026-06-18 · North American annuity options page
On ARHQ, North American product cards and the analyzer are intentionally live-data driven: this profile supplies story and context, while product availability, rates, riders, caps, guaranteed terms, and review links come from CANNEX-backed feeds and mapped product pages.
At render · ARHQ carrier-page architecture; CANNEX via AdvisorWorld
Free Comparison Report
Get North American's current rate report
Compare North American's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- North American home page — Checked 2026-06-18
- North American Why Choose page — Checked 2026-06-18
- North American annuity options page — Checked 2026-06-18
- North American history page — Checked 2026-06-18
- North American Plan For Tomorrow annuities page — Checked 2026-06-18
- Sammons Financial North American page — Checked 2026-06-18
- Sammons Financial investor relations — Checked 2026-06-18
- ARHQ CANNEX-backed product catalog and mapped product pages — At render