Americo Financial Life and Annuity Insurance Company is a privately held annuity carrier based in Kansas City, Missouri, with an A (Excellent) rating from AM Best. A subsidiary of Americo Life, Inc., the company has built a reputation for competitive MYGA rates and straightforward fixed index annuity products. With decades of operation and a focus on independent distribution, Americo is a consistent contender on best-rate lists for mid-term fixed annuities.
This review covers Americo’s financial strength, current MYGA and fixed index annuity products with live rates, product lineup, and contact information.
Americo at a Glance
| Detail | Information |
|---|---|
| Full Legal Name | Americo Financial Life and Annuity Insurance Company |
| Parent Company | Americo Life, Inc. (privately held) |
| Headquarters | Kansas City, Missouri |
| Founded | 1946 |
| AM Best Rating | A (Excellent) |
| Products Offered | MYGAs, Fixed Index Annuities |
| States Available | Available in most U.S. states (varies by product) |
| Minimum Premium | $10,000 (most products) |
| Distribution | Independent agents and IMOs |
Americo’s Financial Strength
Americo Financial Life and Annuity Insurance Company holds an A (Excellent) rating from AM Best, placing it in the same tier as many of the largest annuity carriers in the country. This rating signals strong financial stability and an above-average ability to meet policyholder obligations over the long term.
As a privately held carrier, Americo is not subject to public quarterly earnings pressures. The company’s conservative management philosophy has allowed it to maintain consistent financial ratings across multiple interest rate cycles. For clients prioritizing stability from a non-publicly-traded carrier, Americo is worth a closer look. You can verify Americo’s current ratings directly on the AM Best website.
What Types of Annuities Does Americo Offer?
- Multi-Year Guaranteed Annuities (MYGAs) — Americo’s UltiMax series delivers a guaranteed fixed rate for a defined term, with tax-deferred growth and a free withdrawal provision.
- Fixed Index Annuities (FIAs) — Americo’s Platinum Assurance and Excel series offer index-linked growth potential with a zero-loss floor and optional income riders.
Americo MYGA Products and Current Rates
Live rates from AnnuityRateWatch · Rates updated April 2, 2026
| Product | Term | Rate (APY) | Min Premium | Last Rate Change | |
|---|---|---|---|---|---|
|
Platinum Assure 3
AM Best A |
3 Years | 4.45% | $25,000+ | Mar 20, 2026 | View Details → |
|
Platinum Assure 5
AM Best A |
5 Years | 4.9% | $25,000+ | Mar 20, 2026 | View Details → |
|
Platinum Assure 5 CA
AM Best A |
5 Years | 4.9% | $25,000+ | Mar 20, 2026 | View Details → |
|
Platinum Assure 7
AM Best A |
7 Years | 5.05% | $25,000+ | Mar 20, 2026 | View Details → |
Rates apply to standard products. State availability varies. Not an offer or solicitation. Always verify current rates before purchasing.
Americo MYGA Products
UltiMax Fixed Annuity
The UltiMax is Americo’s flagship MYGA product, available in 3, 5, 7, and 10-year terms. It provides a fully guaranteed interest rate for the entire contract term with no market risk. Tax-deferred growth means the interest compounds without an annual tax drag. A standard free withdrawal provision allows access to up to 10% of the account value per year without surrender charges after the first contract year. Minimum premium is $10,000.
Americo Fixed Index Annuity Products
Platinum Assurance
An income-focused FIA designed for clients who want guaranteed lifetime income in retirement. Offers multiple index crediting strategies — including S&P 500 point-to-point and monthly sum options — with a zero floor protecting against index losses. An optional guaranteed lifetime withdrawal benefit (GLWB) rider adds a predictable income stream regardless of market performance. Well-suited for clients 55–70 who want both accumulation potential and income certainty. Learn more about how GLWB income riders work.
Excel Accumulator
An accumulation-focused FIA for clients with a longer deferral horizon who want index upside without the cost of an income rider. Multiple index strategies with competitive participation rates. Suitable for clients who want to grow assets tax-deferred and are not yet in the distribution phase.
Who Is Americo Best For?
- MYGA buyers wanting an A-rated carrier with competitive rates — Americo’s UltiMax regularly appears on best-rate comparisons for 5- and 7-year terms. It’s a strong alternative to better-known names that sometimes offer lower rates.
- Clients who prefer a privately held, conservatively managed company — Unlike publicly traded carriers, Americo isn’t subject to shareholder pressure, which often translates to more consistent pricing and policyholder-friendly product terms.
- Retirement income planners — The Platinum Assurance FIA with a GLWB rider is a solid fit for clients who want a guaranteed income floor alongside index growth potential.
- Agents looking for a reliable IMO-distributed carrier — Americo has long been a fixture in the independent agent channel, with strong back-office support and a straightforward product portfolio.
Americo Pros and Cons
| Pros | Cons |
|---|---|
| A (Excellent) AM Best rating | Smaller product lineup than larger carriers |
| Privately held — no shareholder pressure | Not available in all states for every product |
| Competitive MYGA rates on mid-to-long terms | No variable annuity or RILA product offerings |
| Strong independent agent distribution | Less name recognition than Athene or Nationwide |
| Standard 10% free withdrawal provision | Must purchase through an independent agent or IMO |
Contact Americo
| Contact Method | Details |
|---|---|
| Website | www.americo.com |
| Customer Service | 1-800-231-0801 |
| Mailing Address | Americo Financial Life and Annuity Insurance Company P.O. Box 410288 Kansas City, MO 64141 |
| Hours | Monday–Friday, 8 a.m.–5 p.m. CT |
Frequently Asked Questions: Americo Annuities
Is Americo a good annuity company?
Yes. Americo Financial Life and Annuity holds an A (Excellent) rating from AM Best, which places it among the financially stronger carriers in the annuity market. Its privately held structure and conservative management make it a consistent choice for both MYGA and FIA buyers.
What MYGA rates does Americo offer?
Americo’s UltiMax MYGA rates change frequently based on market conditions. The live rate table above reflects current rates. Americo regularly competes for top-five positioning on 5- and 7-year MYGA rate comparisons. Compare all current MYGA rates here.
Can I buy an Americo annuity directly?
No. Americo annuities are sold exclusively through independent agents and IMOs — not directly to consumers. My Annuity Store is an authorized distributor of Americo products. Request a free quote and we can show you current Americo rates alongside competing carriers.
Does Americo allow early withdrawals?
Most Americo annuities include a 10% free withdrawal provision that allows penalty-free access to up to 10% of the account value per contract year after the first year. Withdrawals beyond that threshold are subject to surrender charges, which decline over the contract term. Learn more about how annuity surrender charges work.
Compare Americo Against Other Carriers: My Annuity Store compares Americo alongside Athene, F&G, Global Atlantic, Protective, and 20+ other top-rated carriers. Get a free rate comparison or call 855-583-1104.
