Rating downgrade — no longer offered by My Annuity Store
On January 23, 2026, AM Best downgraded Atlantic Coast Life to a Financial Strength Rating of B (Fair) and placed it under review with negative implications (formerly B++). Because this falls below the financial-strength standard we require for new business, My Annuity Store no longer offers Atlantic Coast Life annuities. This page remains for reference only. Always verify the current rating at ambest.com.
Consider instead: Athene, MassMutual Ascend, or compare current A-rated options on our live rate table.
Atlantic Coast Life Insurance Company is a North Charleston, South Carolina-based carrier with nearly 100 years of operating history, known for consistently offering some of the most competitive MYGA rates available in the independent agent channel. The company’s Safe Harbor MYGA series has become a go-to product for rate-focused buyers, regularly appearing at or near the top of multi-carrier MYGA comparisons across multiple term lengths.
This review covers Atlantic Coast Life’s financial strength, annuity product lineup, and contact information.
Atlantic Coast Life at a Glance
| Detail | Information |
|---|---|
| Full Legal Name | Atlantic Coast Life Insurance Company |
| Headquarters | North Charleston, South Carolina |
| Founded | 1925 |
| AM Best Rating | B (Fair) – downgraded Jan 23, 2026, under review (formerly B++) |
| Products Offered | MYGAs (Safe Harbor series), Fixed Index Annuities |
| States Available | Most states (varies by product) |
| Minimum Premium | $5,000 (varies by product) |
Atlantic Coast Life’s Financial Strength
Atlantic Coast Life was downgraded by AM Best to B (Fair) on January 23, 2026 (from B++) and is under review with negative implications. While the company has operated continuously since 1925, a near-century of sustained operation through multiple economic cycles. South Carolina insurance regulation provides the primary regulatory oversight. State guaranty associations provide backstop protection up to state-specific limits; see NOLHGA.com for details.
The company’s focus on MYGA products, rather than more complex products like variable annuities, keeps its liability profile straightforward and predictable, which is relevant to its overall solvency picture.
The Atlantic Coast Life Safe Harbor MYGA Series
The Safe Harbor MYGA is Atlantic Coast Life’s flagship product and the primary reason it appears in rate comparisons across the independent agent channel. Available in multiple term lengths, Safe Harbor contracts lock in a guaranteed rate from day one with no market exposure. No income riders, no FIA complexity, just a competitive guaranteed yield for a fixed period.
Across most terms, Atlantic Coast Life Safe Harbor rates are among the highest available from any carrier, have historically been competitive. Note: following the January 2026 AM Best downgrade to B (Fair), My Annuity Store no longer offers Atlantic Coast Life for new contracts.
Atlantic Coast Life MYGA Rates
Current Atlantic Coast Life MYGA rates from our live rate feed:
Current MYGA Rates
Live rates from AnnuityRateWatch · Rates updated June 23, 2026
| Product | Term | Rate (APY) | Min Premium | Last Rate Change | |
|---|---|---|---|---|---|
|
Safe Haven 3
AM Best B |
3 Years | 5.45% | $5,000+ | Jan 1, 2026 | View Details → |
|
Safe Haven 3 FL
AM Best B |
3 Years | 5.35% | $5,000+ | Jan 1, 2026 | View Details → |
|
Safe Haven 5
AM Best B |
5 Years | 5.7% | $5,000+ | Jan 1, 2026 | View Details → |
|
Safe Haven 5 FL
AM Best B |
5 Years | 5.65% | $5,000+ | Jan 1, 2026 | View Details → |
|
Safe Haven 7
AM Best B |
7 Years | 5.75% | $5,000+ | Jan 1, 2026 | View Details → |
|
Safe Haven 7 FL
AM Best B |
7 Years | 5.7% | $5,000+ | Jan 1, 2026 | View Details → |
|
Safe Haven 10
AM Best B |
10 Years | 5.8% | $5,000+ | Jan 1, 2026 | View Details → |
|
Safe Haven 10 FL
AM Best B |
10 Years | 5.7% | $5,000+ | Jan 1, 2026 | View Details → |
Rates apply to standard products. State availability varies. Not an offer or solicitation. Always verify current rates before purchasing.
Who Is Atlantic Coast Life Best For?
- Reference only: Following the January 2026 AM Best downgrade to B (Fair), My Annuity Store no longer offers Atlantic Coast Life for new annuity contracts.
Atlantic Coast Life Pros and Cons
Here is a balanced look at Atlantic Coast Life’s strengths and limitations for annuity buyers:
Pros
- May offer competitive rates to attract new business
- Offers MYGA products with guaranteed rates and predictable returns
- Offers fixed index annuities with growth potential tied to market indexes and downside protection
- Available through independent agents, allowing side-by-side comparisons with other carriers
Cons
- Below A-range AM Best rating, which many independent agents consider the minimum for new annuity purchases
- Product availability varies by state, so not all products may be offered where you live
- Surrender charges apply during the contract term, which limits liquidity
Frequently Asked Questions About Atlantic Coast Life
Is Atlantic Coast Life a safe company for annuities?
Atlantic Coast Life was downgraded by AM Best to B (Fair) on January 23, 2026 (from B++) and is under review with negative implications – below the A-range standard we require for new business, which is why My Annuity Store no longer offers it. State guaranty associations provide backstop protection up to state-specific limits (see NOLHGA.com); that coverage is a safety net, not a substitute for carrier strength.
What types of annuities does Atlantic Coast Life offer?
Atlantic Coast Life offers MYGAs, fixed index annuities, variable annuities through independent agents and financial professionals. Product availability, rates, and features vary by state. Use our rate comparison tool to see what’s currently available from Atlantic Coast Life and competing carriers.
How do I buy an annuity from Atlantic Coast Life?
Atlantic Coast Life annuities are sold through licensed insurance agents. My Annuity Store is an independent platform that can quote Atlantic Coast Life alongside 20+ other carriers so you can compare rates, terms, and financial strength ratings in one place. Request a free quote or call 855-583-1104 to get started.
Contact Atlantic Coast Life
| Contact Method | Details |
|---|---|
| Website | www.atlanticcoastlife.com |
| Customer Service | 1-800-849-2341 |
| Mailing Address | Atlantic Coast Life Insurance Company 5501 Rivers Avenue North Charleston, SC 29406 |
| Hours | Monday–Friday, 8 a.m.–5 p.m. ET |
Compare Atlantic Coast Life Against Other Carriers: My Annuity Store compares Atlantic Coast Life alongside Athene, Oceanview, F&G, and 20+ other carriers. Get a free comparison quote or call 855-583-1104.
