National Integrity Life Insurance Company Annuity Review (2026)

Is National Integrity Life Insurance Company a Good Choice for Annuities?

National Integrity Life is the New York-licensed affiliate of Integrity Life Insurance Company, and both operate under the Western & Southern Financial Group umbrella – one of the most financially formidable insurance holding companies in the United States. The AM Best A+ (Superior) rating reflects that holding company strength. National Integrity exists primarily to serve New York residents, where Integrity Life is not licensed, but both carry identical financial strength and offer the same core MYGA products. If you are a New York buyer looking for A+ rated MYGA options, National Integrity is worth a careful look.

National Integrity Life at a Glance

National Integrity Life’s History and Ownership Structure

National Integrity Life Insurance Company was chartered in 1968 in White Plains, New York. It operates as a New York-domiciled carrier specifically to serve the New York market, where many insurance carriers without a New York charter are unable to sell. New York has some of the most rigorous insurance regulatory requirements in the country – carriers must be licensed and domiciled in New York to issue certain products there, and the state’s consumer protections are among the strongest nationally.

National Integrity is a subsidiary of Integrity Life Insurance Company, which is itself a subsidiary of The Western and Southern Life Insurance Company (WSLIC), which is ultimately a wholly owned subsidiary of Western & Southern Financial Group, Inc. That ownership chain matters because the financial strength of Western & Southern flows through the entire organization. Western & Southern is a Cincinnati-based mutual holding company with well over $70 billion in assets under management and a heritage dating to 1888. It is in the same tier as Northwestern Mutual and MassMutual in terms of institutional credibility.

For buyers in the New York metro area or New York state who want A+ rated MYGA access, National Integrity is one of the primary vehicles. The corporate structure – a lightly known carrier name backed by one of the most financially solid insurance holding companies in the country – is exactly the dynamic described in the product brief: household-name-caliber balance sheet, independent-carrier competitive rates. Verify the current AM Best rating at ambest.com before finalizing any contract.

National Integrity Life Financial Strength Ratings

National Integrity and its parent Integrity Life share the AM Best A+ (Superior) rating – the second highest possible rating from the industry’s most respected agency. The Western & Southern group rating is even stronger when you incorporate the full range of agencies: AA- from S&P, Aa3 from Moody’s, and AA- from Fitch. Very few insurance holding companies in the country hold ratings at this level across all four agencies simultaneously. State guaranty associations provide an additional protection layer up to state-specific limits. Learn about guaranty association coverage in your state, or visit NOLHGA.com for a national overview.

What Annuity Products Does National Integrity Life Offer?

National Integrity Life’s product lineup mirrors Integrity Life’s fixed and MYGA offerings, adapted for the New York market. The core products are fixed annuities under the MultiVantage and SPDA Series II brand names.

• MultiVantage MYGA – National Integrity’s flagship MYGA product, available in multiple guarantee periods from 4 to 10 years. Single premium, tax-deferred fixed interest. The MultiVantage is the product most commonly appearing in MYGA rate comparison tables for National Integrity. Standard 10% annual free withdrawal provision. Accepts both IRA and non-qualified money. The product name references the multiple term options available within the same product chassis.
• SPDA Series II – Single premium deferred annuity available in 1-, 3-, and 5-year guarantee periods. Similar structure to the MultiVantage but with shorter term options. Useful for buyers who want rate certainty over a shorter window without the longer commitment of the MultiVantage. The 1- and 3-year versions of SPDA Series II appear frequently in short-term MYGA rate comparisons.
• SmartSelect and SmartStep – Additional fixed annuity products in the National Integrity lineup with specific features or term structures. Details and current availability vary; confirm with a licensed agent or via the Western & Southern distributors portal.

Current fixed annuity rates from National Integrity Life are shown below and update automatically:

All National Integrity fixed annuity products use a straightforward guaranteed interest structure – no complex index crediting, no participation rates, no market value adjustments on standard MYGA products in most cases. The surrender charge schedule applies to withdrawals beyond the annual free withdrawal amount during the guarantee period, consistent with standard MYGA market practice. For New York buyers specifically, note that free look periods in New York are typically longer than in other states – often 20 days or more – providing additional review time after contract delivery.

National Integrity Life Pros and Cons

Pros

• A+ (Superior) AM Best rating – second highest possible rating; Western & Southern group provides institutional-grade financial backing
• Rated across four agencies (AM Best A+, S&P AA-, Moody’s Aa3, Fitch AA-) – exceptional cross-agency validation of financial strength
• Western & Southern backing – ultimate parent is a 130-year-old Cincinnati-based mutual holding company with $70 billion-plus in assets under management
• Over $4 billion in assets – substantial balance sheet for a regional New York carrier
• New York licensed and domiciled – specifically serves a market where many carriers cannot operate; NY regulatory environment provides strong consumer protections
• Multiple MYGA term options – from 1-year (SPDA Series II) through 10-year (MultiVantage)
• Competitive rates for an A+ carrier – National Integrity often achieves rates that outperform other A+ carriers because it benefits from W&S’s institutional investment platform

Cons

• Very limited state footprint – primarily serves New York, Maine, New Hampshire, and Vermont; buyers in other states must use Integrity Life, not National Integrity
• Less familiar brand name – many buyers do not realize the Western & Southern connection; the “National Integrity” name does not immediately convey institutional backing
• New York regulatory environment – New York’s insurance rules are stricter, which is good for consumer protection but can mean fewer product choices or slightly different contract terms than outside New York
• Not available as a standalone direct-purchase product – must be purchased through a licensed agent appointed with National Integrity/W&S distributors

Who Is National Integrity Life Best For?

National Integrity Life is the primary solution for New York residents who want A+ rated MYGA access. New York’s insurance market is restrictive – many national carriers are simply not authorized to issue annuity products in the state – and finding A+ rated MYGA options with competitive rates in New York is genuinely more difficult than in other states. National Integrity fills that gap directly. A retired New Yorker with $200,000 to place in a 5-year MYGA who requires A+ financial strength has a short list of credible options, and National Integrity is on it.

The Western & Southern connection also matters for buyers who want to understand who is ultimately backing their contract. Western & Southern is not a private equity firm or an alternative asset manager – it is a 130-year-old mutual holding company that has weathered the Great Depression, multiple recessions, and multiple interest rate cycles. The institutional permanence of that backstop is exactly what conservative retirement savers are paying for when they accept a slightly lower rate in exchange for A+ financial strength.

National Integrity is less suited for buyers outside its licensed states (most buyers will use Integrity Life instead), buyers who want the absolute highest MYGA rate regardless of carrier rating, or buyers who want a product with features beyond standard fixed accumulation. If you are in New York and want A+ coverage from the Western & Southern family, also review the full W&S product suite at Western & Southern. For buyers in other states, compare all annuity companies by rating and current rate to find the right match. Learn more about how MYGAs work before finalizing a term selection.

How to Buy a National Integrity Life Annuity

National Integrity Life products are distributed through W&S Financial Group Distributors, the Western & Southern distribution arm, and through independent licensed insurance agents appointed with National Integrity. The purchase process is standard: confirm the product, term, rate, and premium amount with your agent; complete the application with beneficiary designations and funding source details; and submit.

For IRA rollovers, your agent coordinates the direct transfer from your existing custodian. The free look period in New York is typically 20 days after delivery – longer than the 10-day minimum in most other states. Review the surrender charge schedule carefully: MultiVantage and SPDA Series II surrender schedules are standard for the MYGA market but decline over the guarantee period before reaching zero at the end of the term.

My Annuity Store can compare National Integrity Life’s current MYGA rates against 20-plus competing carriers. Request a free quote or use our live rate comparison tool to see current numbers across all terms.

Other Annuity Companies to Consider

• Western & Southern Financial Group – the ultimate parent; review the full family of companies and products available outside New York
• Compare all annuity companies by rating, product type, and current rates