Nassau Life and Annuity Company is the primary insurance subsidiary of Nassau Financial Group — a Hartford, Connecticut-based financial services holding company focused on acquiring and growing insurance businesses. Nassau has built a diverse annuity platform through both organic product development and the acquisition of in-force blocks from carriers like Sun Life, Hartford Life, and others. The company offers MYGAs, fixed index annuities, and structured settlement products through the independent agent channel.
This review covers Nassau’s financial strength, annuity product lineup, and contact information.
Nassau Life and Annuity at a Glance
| Detail | Information |
|---|---|
| Full Legal Name | Nassau Life and Annuity Company |
| Parent Company | Nassau Financial Group |
| Headquarters | Hartford, Connecticut |
| AM Best Rating | B++ (Good) |
| Products Offered | MYGAs, Fixed Index Annuities, Structured Settlements |
| States Available | Most states (varies by product) |
| Minimum Premium | $5,000 (varies by product) |
Nassau’s Financial Strength
Nassau Life and Annuity Company holds a B++ (Good) rating from AM Best. This places Nassau one notch below the A-rated threshold that most financial advisors recommend as a minimum for conservative annuity buyers. Nassau is a growing carrier that has expanded its insurance operations significantly through acquisitions, but its B++ rating reflects its position as a developing entity building scale rather than an established large carrier.
For buyers considering Nassau, the B++ rating context is important: the state life and health insurance guaranty associations in each state provide coverage up to $250,000 per covered contract in the event of insolvency, regardless of carrier rating. Buyers allocating amounts within the guaranty association limit should factor this protection into their decision alongside Nassau’s B++ rating.
What Types of Annuities Does Nassau Offer?
- Multi-Year Guaranteed Annuities (MYGAs) — MyAnnuity Series: Nassau’s MyAnnuity MYGA series is available in multiple terms and has been a competitive presence in rate comparison platforms. Nassau frequently offers rates above A-rated peers, reflecting the trade-off between yield and financial strength rating.
- Fixed Index Annuities (FIAs): Nassau’s index annuity products offer index-linked growth potential with a zero-loss floor. Available through the independent agent channel.
- Structured Settlement Annuities: Nassau participates in the structured settlement market, providing guaranteed payment streams from legal settlements — a product category it acquired through portfolio acquisitions.
Nassau MYGA Rates
Current Nassau MYGA rates from our live rate feed:
Current MYGA Rates
Live rates from AnnuityRateWatch · Rates updated March 26, 2026
| Product | Term | Rate (APY) | Min Premium | Last Rate Change | |
|---|---|---|---|---|---|
|
Nassau Simple Annuity 4
AM Best B++ |
4 Years | 5% | $10,000+ | Mar 1, 2026 | View Details → |
|
Nassau MYAnnuity 5X 0% Free
AM Best B++ |
5 Years | 5.25% | $10,000+ | Mar 1, 2026 | View Details → |
|
Nassau MYAnnuity 5X 10% Free
AM Best B++ |
5 Years | 5.05% | $10,000+ | Mar 1, 2026 | View Details → |
|
Nassau Simple Annuity 6
AM Best B++ |
6 Years | 5.25% | $10,000+ | Mar 1, 2026 | View Details → |
|
Nassau MYAnnuity 7X 0% Free
AM Best B++ |
7 Years | 5.3% | $10,000+ | Mar 1, 2026 | View Details → |
|
Nassau MYAnnuity 7X 10% Free
AM Best B++ |
7 Years | 5.1% | $10,000+ | Mar 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 Nassau Best For?
- Rate-first buyers comfortable with B++ financial strength: Nassau’s MYGA rates are often among the most competitive available. Buyers who prioritize yield and are comfortable with B++ financial strength — and who keep allocations within guaranty association limits — will find Nassau worth considering.
- Buyers splitting a larger MYGA allocation: A common strategy is to pair Nassau (for rate) with an A-rated carrier like Athene or MassMutual (for maximum financial strength), diversifying both yield and credit quality across carriers.
Contact Nassau Life and Annuity
| Contact Method | Details |
|---|---|
| Website | www.nassaufinancial.com |
| Customer Service | 1-800-628-4600 |
| Mailing Address | Nassau Life and Annuity Company One American Row Hartford, CT 06102 |
| Hours | Monday–Friday, 8 a.m.–5 p.m. ET |
Compare Nassau Against Other Carriers: My Annuity Store compares Nassau alongside Athene, MassMutual, Oceanview, and 20+ other carriers. Get a free comparison quote or call 855-583-1104.
