Understanding the Safety of Fixed and Fixed-indexed Annuities

Financial security in retirement

If you’re looking for financial security and peace of mind for your retirement years, consider a fixed or fixed-indexed annuity. Unlike some financial products, annuities are not FDIC insured. But, they are backed by the financial strength, assets and guarantees of the insurance company issuing the product.

Financial Strength Ratings

Insurance companies are evaluated by third-party companies and assigned financial strength ratings based on factors such as their balance sheet strength, operating performance and business profile. Companies with high financial strength ratings have, in the rating company’s opinion, the ability to meet their ongoing obligations to you and their other customers.


State law requires insurance companies to maintain a minimum capital level to help ensure they remain financially strong and able to meet their commitments. This provides a layer of protection to help ensure your money will be there when you need it.


Fixed and fixed-indexed annuities come with several guarantees, such as guaranteed interest rates, guaranteed annuity payments and guaranteed minimum values. These guarantees are subject to the claims-paying ability of the issuing company. So it’s important to choose a financially strong company when you buy an annuity.

About Great American's Annuity Companies

  • Rated “A+” by Standard & Poor’s and “A" (Excellent) by A.M. Best
  • Subsidiary of American Financial Group, which is publicly traded on the New York Stock Exchange (NYSE: AFG)
  • American owned and operated with a heritage dating back over a century

Annuities are designed to help you meet your long term financial goals. Great American has a long history of helping people achieve their goals and is committed to remaining a financially strong company you can rely on for years to come.

Not FDIC or NCUSIF Insured • No Bank or Credit Union Guarantee • Not Insured by any Federal Government Agency • Not a Deposit • May Lose Value

For detailed information, please visit the Financial Strength page.

Annuity products issued by Annuity Investors Life Insurance Company® and Great American Life Insurance Company®, members of Great American Insurance Group (Cincinnati, OH).

This information is not intended or written to be used as legal or tax advice. You should seek advice on legal and tax questions from an independent attorney or tax advisor.