American National
Key Company Metrics
AM Best Rating: A (Excellent)
Years in Business: 120 Years
Direct Premiums Sold: $5.3 Billion
Product Availability: fixed deferred annuity, indexed deferred, SPIA, and MYGA
Products Offered by American National
American National has a good variety of annuities available to its customers. Whether you’re just looking for a simple fixed deferred annuity, a SPIA or a MYGA, there’s a good chance that American National has a product that will fit your needs.
The downside, however, is that American National does not make a lot of its product information readily available online, unlike many of its competitors.
Fixed Deferred Annuities
American National offers two fixed deferred annuities through its Palladium Multi-Year Guarantee Annuity Series. The series has two MYGA options—Palladium® MYG and Palladium® MYG Max.
Both products have tax-deferred growth, several withdrawal options, and a guaranteed fixed rate of return over three to 10 years. Rate enhancements are available for premiums starting at $100,000 if you want to increase your crediting rate during the initial guarantee period.
The main difference between American National’s MYGAs is that Palladium® MYG allows you to withdraw up to 10% of the Contract Value without paying any surrender charges. Palladium® MYG Max does charge a surrender fee.
Additionally, you can add several riders to a Palladium® MYG or Palladium® MYG Max annuity, including a confinement waiver, terminal illness waiver, or disability waiver.
Indexed Deferred Annuities
American National’s indexed deferred annuities are Strategy Index 7 and Strategy Index 10. Strategy Index 7 annuity has four indexed crediting options, whereas Strategy Index 10 has six indexed crediting options for potential growth. Both policies have a minimum guarantee that protects your principal against market fluctuations.
These annuities also have an optional lifetime income rider, which guarantees income for your lifetime, even if your Contract Value falls to zero.
Single Premium Immediate Annuities
In addition to deferred products, American National is in the immediate annuity business as well with single premium immediate annuity (SPIA) offerings.
The two SPIA products are Smart Start Accumulator and Smart Start Accumulator Plus. The signature feature of these annuities is the Best Entry Window rider, which is designed to get you the best index value possible. During the first 90 days, the index value is checked, and if it drops at any time, it automatically readjusts to the lower value.
Another SPIA that American National offers is the Palladium® Single Premium Immediate Annuity. With this product, you can convert a lump sum into guaranteed annuity payments for as long as you need.
The Palladium® Single Premium Immediate Annuity can be a good option for people who want assistance paying for things like nursing home care. However, the funds can be used for many other purposes, including funding your premiums or donating money to charity.
About American National
American National is one of the older providers in the market, originally opening its doors in 1905. The company has a long track record of stability and holds an A Financial Strength Rating from AM Best.
It is a major insurance provider, selling everything from life insurance to auto and homeowners insurance on top of its annuity business. Its services are available in all 50 states under several different individual companies that make up American National together.
The company was acquired by Brookfield Reinsurance in 2022.
Buy an Annuity From American National Today
Log into your provider account or connect with customer service at (800) 252-9546.
Talk to one of our trusted partners at 855-995-1277 or request a free estimate.
Credit Ratings
Credit ratings for annuity providers can help determine a company’s financial strength and stability — an indication that it will be around to guarantee payments to you in the future. Different rating companies use different scales.
American National Credit Ratings
| Rating Company | Credit Rating |
| AM Best | A |
| Fitch | A |
| S&P | A |
See which annuity providers our independent editorial team ranked as the Best Annuity Companies of 2025.
What Customers Are Saying About American National
American National doesn’t have many third-party ratings. It didn’t appear in the 2024 or 2025 additions of the J.D. Power Customer Satisfaction Index for annuities.
Despite not making the list, it does hold a favorable score in the National Association of Insurance Commissioners (NAIC) Complaint Index, which measures the number of customer complaints against a company compared to its presence in the marketplace.
The company’s 0.97 score for annuity sales means that it receives fewer complaints than expected for its size. It also gets few complaints for all policy types.
The NAIC tracks consumer complaints that each state’s insurance commission receives each year. These are used to compile a company’s NAIC Complaint Index.
NAIC Complaint Index for American National
| All Policy Types | 0.32 |
| Individual Annuities Only | 0.97 |
American National’s Pros & Cons
American National’s lack of customer complaints is a definite pro, especially since some rivals see complaint levels that vastly outpace their presence in the market. The company also sells a solid variety of annuity products, making it a potential destination for many types of customers.
The company doesn’t have too many drawbacks, but one thing we noticed is that there’s no tool on its website to compare the annuities available. To compare policies, you have to review each product brochure individually, and try to spot the differences yourself. Some of the top annuity providers offer comparison tools or tables that can make it easy to understand the differences between policies so you can choose the best one.
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