Ibexis Life & Annuity Insurance Company Review (2026)

Ibexis Life & Annuity Insurance Company holds an A- (Excellent) rating from AM Best and has quickly carved out a following in the MYGA market since its founding. Based in Scottsdale, Arizona, Ibexis focuses on straightforward fixed annuity products, most notably the MYGA Plus series, distributed through the independent agent channel. Competitive rates backed by A-rated financial strength have made Ibexis a consistent presence in multi-carrier MYGA rate comparisons.

This review covers Ibexis’s financial strength, annuity product lineup, and contact information.

Ibexis at a Glance

Ibexis’s Financial Strength

Ibexis holds an A- (Excellent) from AM Best, placing it within the A-rated tier that most financial advisors and regulators consider the minimum for conservative annuity buyers. As a focused MYGA carrier, Ibexis maintains a clean, simple liability structure, fixed annuity reserves with predictable cash flows, which supports its reserve adequacy and claims-paying ability.

Ibexis is regulated by the Arizona Department of Insurance. The Arizona Life and Health Insurance Guaranty Fund provides up to $250,000 per covered contract in protection in the event of insolvency.

The Ibexis MYGA Plus Series

The MYGA Plus is Ibexis’s flagship product and the reason most buyers encounter the carrier. Available in multiple terms, MYGA Plus provides a guaranteed fixed rate locked in from day one. There are no income riders or complex product features, buyers get a competitive guaranteed yield for their chosen term, with full access to their account value at maturity.

Ibexis has been a consistent rate leader within the A-rated MYGA segment, frequently appearing alongside Oceanview, Symetra, and F&G in top-rate comparisons. For buyers in the A-rated tier looking to maximize yield, MYGA Plus warrants close attention in every term-length comparison.

Ibexis MYGA Rates

Current Ibexis MYGA rates from our live rate feed:

Who Is Ibexis Best For?

• Rate-focused MYGA buyers within the A-rated tier: Ibexis MYGA Plus rates are regularly among the best available from any A-rated carrier. Buyers who want A-rated financial strength without accepting below-market yields should include Ibexis in every comparison.
• CD alternative buyers: The MYGA Plus mirrors the simplicity of a bank CD, deposit your money, earn a fixed rate, access it at maturity. The guaranteed yield is typically well above bank CD rates for comparable terms.
• Buyers comfortable with a focused specialty carrier: Ibexis’s singular focus on fixed annuity products means its operational expertise is concentrated where it matters most for MYGA buyers.

Ibexis Pros and Cons

Here is a balanced look at Ibexis’s strengths and limitations for annuity buyers:

Pros

• Solid financial strength with an A-range AM Best rating
• Offers MYGA products with guaranteed rates and predictable returns
• Available through independent agents, allowing side-by-side comparisons with other carriers

Cons

• Not the highest-rated carrier available, so buyers should weigh the rate vs. rating trade-off
• 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 Ibexis

Is Ibexis a safe company for annuities?

Ibexis holds an A-range AM Best rating (A- (Excellent)), which indicates a strong ability to meet ongoing policyholder obligations. In addition, annuity contracts are backed by your state guaranty association, which provides a secondary layer of protection typically covering $250,000 per contract. Always verify both the current rating and your state’s coverage limits.

What types of annuities does Ibexis offer?

Ibexis offers MYGAs 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 Ibexis and competing carriers.

How do I buy an annuity from Ibexis?

Ibexis annuities are sold through licensed insurance agents and financial advisors. My Annuity Store is an independent platform that can quote Ibexis 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.

How Does Ibexis Compare to Other Carriers?

The annuity marketplace in 2026 is competitive, with dozens of carriers vying for your business. Before committing to any single carrier, it pays to compare at least three to five options side by side. Key factors to evaluate include:

• AM Best financial strength rating – look for A- or higher for maximum peace of mind
• Guaranteed interest rate and term – even a 0.10% difference compounds significantly over a 5- to 10-year contract
• Surrender charge schedule – understand when you can access your money penalty-free
• Free withdrawal provisions – most carriers allow 10% annual withdrawals without penalty

Our live rate comparison tool shows current rates from Ibexis and all competing carriers updated daily. You can also request a personalized comparison from our team.

Contact Ibexis

Compare Ibexis Against Other Carriers: My Annuity Store compares Ibexis alongside Athene, Oceanview, F&G, Symetra, and 20+ other top-rated carriers. Get a free comparison quote or call 855-583-1104.