Who bought American Investors Life Insurance Company?

AmerUs Annuity Group
The American Investors Life Insurance Company (AIL) is an insurance company based in Topeka, Kansas. Established in 1965, the firm provides life, accident and health insurance coverage. The firm was acquired by AmerUs Annuity Group in 1997 and is no longer actively tracked by PitchBook.

Who owns American Equity Insurance Company?

American Equity Investment Life Holding Company
American Equity Investment Life Insurance Company/Parent organizations

Is American Equity a good company?

American Equity has an A- (Excellent) Rating from A.M. Best, a global renowned insurance rating agency dedicated to providing financial strength ratings for insurance companies. American Equity has an A- Rating from Standard and Poor’s, a worldwide leader in financial-market intelligence with a 150-year history.

How many employees does American Equity have?

From its humble beginnings of just three employees, American Equity has grown to encompass three life insurance companies with over 600 employees, more than 20,000 agents and over 500,000 contract owners around the country.

How much does a 100000 annuity pay per month?

Using the data from our example, the formula allows us to calculate the monthly payments. Thus, at a 2 percent growth rate, a $100,000 annuity pays $505.88 per month for 20 years.

Can you lose your money in an annuity?

Annuity owners can lose money in a variable annuity or index-linked annuities. However, owners can not lose money in an immediate annuity, fixed annuity, fixed index annuity, deferred income annuity, long-term care annuity, or Medicaid annuity.

Is American equity a good company?

Is American equity a good company to work for?

It was a very good place to work. The company cares for the employees.

How much does a $500000 annuity pay per month?

After researching 326 annuity products from 57 insurance companies, our data calculated that a $500,000 annuity will pay between $2,083 and $6,055 per month for a single lifetime and between $1,875 and $5,575 per month for a joint lifetime (you and spouse), income amounts are factored by the age you purchase the …

How long will a million dollars last in retirement?

Is a million dollars enough money to ensure a financially secure retirement today? A recent study determined that a $1 million retirement nest egg will last about 19 years on average.

What are the negatives of an annuity?

What Are the Biggest Disadvantages of Annuities?

• Annuities Can Be Complex.
• Your Upside May Be Limited.
• You Could Pay More in Taxes.
• Expenses Can Add Up.
• Guarantees Have a Caveat.
• Inflation Can Erode Your Annuity’s Value.

https://www.youtube.com/c/AmericanEquityInvestmentLifeInsuranceCompany

Is American equity life insurance rated?

Standard and Poor’s rating service has recognized American Equity Investment Life Insurance Company with an “A-” rating. An insurer rated “A” has strong financial security characteristics, but is somewhat more likely to be affected by adverse effects of changing circumstances or economic conditions than are insurers with higher ratings.

What is American equity investment life insurance?

American Equity Investment Life Insurance Co operates as an insurance company. The Company provides life, accident and health insurance services to individuals.

What does American Income Life Insurance do?

American Income Life is a relatively small insurance company that focuses on supplemental health and life insurance products, similar to Aflac . They sell products in nearly every state, and they primarily sell group plans to organizations such as credit unions and labor unions.

What is the American Income Life company?

American Income Life Insurance Company (formerly NASDAQ: AINC), based in Waco, Texas, is an insurance company that provides supplemental life insurance to labor unions, credit unions, and associations. American Income Life (AIL) was founded in 1951. The company’s executive offices have been located in Waco, Texas, since 1959.