The issuer behind the guarantee.
An annuity guarantee is a promise from one company, sometimes lasting forty years. The product matters less than the balance sheet standing behind it.
| AM Best rating | B++ (Good) — fifth on a 13-point scale |
|---|---|
| S&P rating | Not rated |
| Moody's rating | Not rated |
| Fitch rating | Not rated |
| Known for | Top-of-market MYGA rates |
| Product categories | MYGA and fixed indexed |
Ratings and figures as published in our Atlantic Coast Life review. Re-verify against the issuing agency before acting — ratings change, and a rating without a date is not a rating.
Our Atlantic Coast Life reviews.
Three things to understand about Atlantic Coast Life.
B++ is the headline, not a footnote
Atlantic Coast Life's B++ sits in AM Best's Good tier, below the Excellent and Superior tiers that house most competing carriers. Three of the four major agencies — S&P, Moody's, and Fitch — do not rate the company at all. A review that leads with the rate and buries this is not a review.
The rate premium exists because the risk is different
Carriers with weaker balance sheets frequently compete on rate, because rate is the lever available to them. A higher MYGA rate from a B++ carrier is not free yield; it is compensation for accepting a different credit profile.
State guaranty association limits become the relevant number
Every state runs a guaranty association that covers annuity contracts up to a stated limit if an insurer fails. With a lower-rated carrier, knowing your state's limit — and staying under it — moves from academic to practical. Our insurer-trouble guide covers how to check.
How to read any carrier.
Palm Wealth Capital publishes independent annuity research and education. No carrier pays for placement on this site. Nothing here is individualized investment, tax, or legal advice.
Holding an Atlantic Coast Life contract — or being shown one?
Send the illustration or statement. We will check Atlantic Coast Life’s current AM Best rating and outlook against the date on this page, read the surrender schedule and any market value adjustment, price the riders, and tell you what the guaranteed terms are rather than the illustrated ones. If the answer is that you don’t need it, that is the answer you get — there is nothing here for us to sell you.
Carriers buyers weigh against this one.
Evaluating an indexed contract from this carrier? Start with how participation rates, caps, and spreads work — the three numbers that decide what any index year actually credits.