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Americo Life Inc. is one of the largest privately held, independent insurance companies in the United States. It is the holding company for Americo Financial Life and Annuity Insurance Company, an issuer of a broad range of annuity products.

Americo Logo

Americo Financial Life and Annuity Insurance Company, or Americo, helps consumers plan and save for retirement with a variety of life insurance and annuity products.

Americo is authorized to issue annuities in the District of Columbia and all states besides New York. Annuity companies, like Americo, issue annuities to help protect clients against outliving their savings while providing growth potential.

About Americo

Americo Financial Life and Annuity Insurance Company, originally called The College Life Insurance Company of America, was founded in 1946.

The life insurance and annuity company is among a family of other subsidiary companies, including the following:
  • Great Southern Life Insurance Company
  • United Fidelity Life Insurance Company
  • National Farmers Union Life Insurance Company
  • Investors Life Insurance Company of North America

“We are progressive in our thinking,” according to the Americo website. “We are solutions-oriented. We offer innovative product solutions that can be tailored to fit your situation.”

In addition to consumer-focused annuity products, Americo offers:
  • Term and universal life insurance
  • Whole life insurance
  • Medicare Supplement insurance
  • Vision insurance

Americo’s Credit Ratings

Credit rating agencies routinely evaluate the financial strength of annuity providers. This scoring provides a snapshot of the company’s ability to cover claims and other financial obligations.

Americo’s website refers to its ratings as “a portrait of financial stability,” boasting the third highest out of 16 possible AM Best rating categories.

Americo Financial Life and Annuity Insurance Company Credit Ratings
Credit Rating
AM Best:A

Annuity Products Offered by Americo

One of two entities underwrite the annuity products for Americo — Americo Financial Life and Annuity Insurance Company or Great Southern Life Insurance Company.

Available products and benefits may vary by state, but Americo specializes in two primary annuity types: fixed indexed and multi-year guaranteed annuities, or MYGAs.

Fixed Indexed Annuities

Fixed indexed annuities earn interest based on the performance of a market index. For example, if the Standard & Poor’s 500 (S&P 500) has favorable gains, the annuity collects earnings up to a certain amount. Even if the market endures losses, this annuity type has downside protection.

Multi-Year Guaranteed Annuities (MYGA)

MYGA products offer a fixed interest rate over a pre-determined period. Earnings are tax deferred, so you do not incur tax until you begin making withdrawals.

Interested in Buying an Annuity?
Learn about the different types of annuities and find out which one is right for you.

Resources for Americo Clients

Americo clients can service their policies and complete important forms online.

The Americo website has easily accessible links to the following important processes:
  • Making a claim
  • Updating bank information
  • Surrendering a policy
  • Withdrawing from your policy
  • Submitting Required Minimum Distribution (RMD) forms
  • Updating your address
  • Updating beneficiaries
  • Completing additional forms, such as W-9s and annuitant changes

Americo also has a comprehensive glossary of terms to help consumers understand financial jargon, annuity terms and contract verbiage.

Please seek the advice of a qualified professional before making financial decisions.
Last Modified: August 14, 2021

5 Cited Research Articles

Annuity.org writers adhere to strict sourcing guidelines and use only credible sources of information, including authoritative financial publications, academic organizations, peer-reviewed journals, highly regarded nonprofit organizations, government reports, court records and interviews with qualified experts. You can read more about our commitment to accuracy, fairness and transparency in our editorial guidelines.

  1. Americo. (n.d.). Retirement. Retrieved from https://www.americo.com/insurance-solutions/retirement/
  2. Americo. (n.d.). Service Your Policy. Retrieved from https://www.americo.com/service-your-policy/
  3. Americo. (n.d.). Who We Are. Retrieved from https://www.americo.com/who-we-are/
  4. Moody’s. (2021, April 5). Rating Action: Moody’s Rates Americo’s Senior Debt Baa3; Stable Outlook. Retrieved from https://www.moodys.com/research/Moodys-rates-Americos-senior-debt-Baa3-stable-outlook--PR_1000004503
  5. CBL Insurance. (n.d.). Understanding Best’s Financial Strength Ratings. Retrieved from http://www.cblinsurance.com/UserFiles/CBLInsurance/File/Understanding%20AM%20Best%20Ratings.pdf