Great American Life Insurance Ratings
| Great American Life Insurance Company | Rating |
|---|---|
| 301 E Fourth St., Cincinnati, OH 45202 | |
| A.M. Best Rating (15 possible ratings) | A+ (2) |
| Moody's (21 possible ratings) | A2 (6) |
| Standard & Poor's (20 possible ratings) | A+ (5) |
| Comdex (percentile of all rated companies) | 82 |
Company Profile
Group Affiliation: Massachusetts Mutual Life Insurance Group
State of Domicile: Ohio
NAIC Company Code: 63312
Year Founded: 1961
Website: GALIC Consumer Website
Address:
301 E Fourth Street
Cincinnati, OH 45202
Assets and Liabilities
Assets: $35,776,746,245
Liabilities: $32,879,554,457
Capital and Surplus: $2,897,191,788
Assets to Liability Ratio: 108.81%
Great American Life Insurance Company has been wholly or majority-owned by American Financial Group since 1973. The company is licensed in 49 states and the District of Columbia. It primarily writes both qualified and non-qualified fixed annuity products. In 2006, Great American introduced fixed-indexed annuities and has ranked as a top provider of these retirement products ever since.
Great American markets themselves as producing simple, easy-to-understand fixed index annuity products, and this strategy has brought them success. In 2019, Great American Life Insurance Company was number 10 in the United States for individual Fixed Index Annuity Sales issuing just over $3.6 Billion.
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Contact Information
GALIC Annuity Phone Numbers:
Customer Service Phone Number: 800.854.3649
Sales & Marketing Phone Number: 800.438.3398
Home Office Phone Number: 513-357-3300
Great American Annuity Historical Performance
| Annuity, Crediting Strategy & Index | Recent | Best | Worst |
|---|---|---|---|
| Index Protector 7 Non-MVA 1-Year S&P 500 Average DRC 10% PR PTP Participation Rate 7 surrender yrs Reset: Annual S&P 500 Average DRC 10% (PR) | 4.54% | 5.65% | 3.94% |
| AssuranceSelect 7 Plus 1-Year S&P 500 Average DRC 10% PR PTP Participation Rate 7 surrender yrs Reset: Annual S&P 500 Average DRC 10% (PR) | 4.54% | 5.65% | 3.94% |
| AssuranceSelect 7 Plus 1-Year S&P U.S. Retiree Spending TR PTP Participation Rate 7 surrender yrs Reset: Annual S&P US Retiree Spending (T R) | 4.06% | 5.62% | 3.95% |
| Index Protector 7 Non-MVA 1-Year S&P 500 Average DRC 10% PR PTP Participation Rate 7 surrender yrs Reset: Annual S&P 500 Average DRC 10% (PR) | 4.17% | 5.19% | 3.61% |
| American Legend 7 1-Year S&P 500 Average DRC 10% PR PTP Participation Rate 7 surrender yrs Reset: Annual S&P 500 Average DRC 10% (PR) | 4.17% | 5.19% | 3.61% |
| AssuranceSelect 7 Plus 1-Year S&P 500 Average DRC 10% PR PTP Participation Rate 7 surrender yrs Reset: Annual S&P 500 Average DRC 10% (PR) | 4.17% | 5.19% | 3.61% |
| American Legend 7 1-Year S&P 500 PT P Monthly Sum Cap 7 surrender yrs Averaging: Monthly sum Reset: Annual S&P 500® Index | 5.18% | 5.18% | 2.42% |
| American Legend 7 1-Year S&P 500 Average DRC 10% PR PTP Participation Rate 7 surrender yrs Reset: Annual S&P 500 Average DRC 10% (PR) | 3.80% | 4.72% | 3.28% |
| Index Protector 7 Non-MVA 1-Year S&P 500 PT P Cap 7 surrender yrs Reset: Annual S&P 500® Index | 3.78% | 4.38% | 3.05% |
| American Legend 7 1-Year S&P 500 PT P Monthly Sum Cap 7 surrender yrs Averaging: Monthly sum Reset: Annual S&P 500® Index | 4.35% | 4.35% | 2.13% |
