Jennifer Schell Headshot
  • Written By
    Jennifer Schell

    Jennifer Schell

    Financial Writer

    Jennifer Schell is a professional writer focused on demystifying annuities and other financial topics including banking, financial advising and insurance. She is proud to be a member of the National Association for Fixed Annuities (NAFA) as well as the National Association of Insurance and Financial Advisors (NAIFA).

    Read More
  • Edited By
    Savannah Hanson
    Savannah Hanson, financial editor for

    Savannah Hanson

    Senior Financial Editor

    Savannah Hanson is an accomplished writer, editor and content marketer. She joined as a financial editor in 2021 and uses her passion for educating readers on complex topics to guide visitors toward the path of financial literacy.

    Read More
  • Financially Reviewed By
    Timothy Li, MBA
    Timothy Li, MBA Headshot

    Timothy Li, MBA

    Business Finance Manager

    Timothy Li, MBA, has dedicated his career to increasing profitability for his clients, including Fortune 500 companies. Timothy currently serves as a business finance manager where he researches ways to increase profitability within the supply chain, logistics and sales departments.

    Read More
  • Updated: December 19, 2022
  • 5 min read time
  • This page features 6 Cited Research Articles
Fact Checked
Fact Checked partners with outside experts to ensure we are providing accurate financial content.

These reviewers are industry leaders and professional writers who regularly contribute to reputable publications such as the Wall Street Journal and The New York Times.

Our expert reviewers review our articles and recommend changes to ensure we are upholding our high standards for accuracy and professionalism.

Our expert reviewers hold advanced degrees and certifications and have years of experience with personal finances, retirement planning and investments.

Cite Us
How to Cite's Article

APA Schell, J. (2022, December 19). Fidelity & Guaranty. Retrieved February 2, 2023, from

MLA Schell, Jennifer. "Fidelity & Guaranty.", 19 Dec 2022,

Chicago Schell, Jennifer. "Fidelity & Guaranty." Last modified December 19, 2022.

Why Trust
Why You Can Trust has provided reliable, accurate financial information to consumers since 2013. We adhere to ethical journalism practices, including presenting honest, unbiased information that follows Associated Press style guidelines and reporting facts from reliable, attributed sources. Our objective is to deliver the most comprehensive explanation of annuities and financial literacy topics using plain, straightforward language.

Our Partnerships, Vision and Goals

We pride ourselves on partnering with professionals like those from Senior Market Sales (SMS) — a market leader with over 30 years of experience in the insurance industry — who offer personalized retirement solutions for consumers across the country. Our relationships with partners including SMS and Insuractive, the company’s consumer-facing branch, allow us to facilitate the sale of annuities and other retirement-oriented financial products to consumers who are looking to purchase safe and reliable solutions to fill gaps in their retirement income. We are compensated when we produce legitimate inquiries, and that compensation helps make an even stronger resource for our audience. We may also, at times, sell lead data to partners in our network in order to best connect consumers to the information they request. Readers are in no way obligated to use our partners’ services to access the free resources on carefully selects partners who share a common goal of educating consumers and helping them select the most appropriate product for their unique financial and lifestyle goals. Our network of advisors will never recommend products that are not right for the consumer, nor will Additionally, operates independently of its partners and has complete editorial control over the information we publish.

Our vision is to provide users with the highest quality information possible about their financial options and empower them to make informed decisions based on their unique needs.

About Fidelity & Guaranty

Fidelity & Guaranty Life Insurance Company (F&G) was founded in 1959. F&G began by selling traditional term life insurance policies and eventually expanded to offer annuities in 1998.

In 2020, F&G became a subsidiary of Fidelity National Financial, Inc., a Fortune 500® company that sells title insurance and settlement services in the real estate and mortgage industries. Today, F&G offers life insurance and annuity products that have protected over 700,000 people nationwide.


Current F&G annuity policyholders can call the company’s customer service department with any questions about their annuity contracts:

Credit Ratings

Before purchasing an annuity, it’s important to check the financial strength ratings of the annuity provider you’re considering. These scores, also called credit ratings, are issued by independent agencies aiming to help consumers determine the health of an insurance company before investing with them. Since each score is a testament to the financial stability of the company, you want to look for a provider that holds high ratings.

F&G has received strong financial strength ratings from all four of the major credit rating agencies. These ratings characterize the company as having strong financial stability and a reasonable expectation of meeting its ongoing insurance obligations.

Fidelity & Guaranty Credit Ratings
Credit Agency Rating
AM Best A-
Fitch A-
Moody’s Baa1
Standard & Poor’s A-

Annuities Offered by Fidelity & Guaranty

F&G’s offerings include three types of annuity products: immediate annuities, fixed indexed annuities and multi-year guaranteed annuities.

Immediate Annuities

An immediate annuity differs from other types of annuities in that it does not have an accumulation period. As soon as you pay the premium to purchase the annuity, that money is converted into a stream of income payments that can be paid out immediately.

F&G offers a single premium immediate annuity (SPIA) named the FG Immediate-Income® annuity. When purchasing this product, annuity holders have six options for receiving their income payments. Holders can choose to receive guaranteed income payments for a fixed period or for life. They can also choose another annuitant to receive payments at the same time as the annuity holder or after the holder’s death.

Fixed Indexed Annuities

Customers who want greater returns on their savings over time might prefer one of F&G’s fixed indexed annuities (FIAs). These annuities earn a fixed minimum interest rate, plus additional interest based on the growth of an equity market index the contract is tied to.

F&G’s fixed indexed annuities offer downside protection along with growth potential, so your money can benefit from strong market growth while simultaneously being protected from market losses.

FIA holders have the option to purchase an additional feature called a Guaranteed Minimum Withdrawal Benefit (GMWB) rider. The GMWB allows you to withdraw a certain percentage of your contract’s value each year no matter how the index your annuity is tied to performs that year. Purchasing this rider can help mitigate some of the risks associated with the FIA product.

Multi-Year Guaranteed Annuities

A multi-year guaranteed annuity (MYGA) is a type of fixed annuity that accumulates interest at a fixed rate for a certain number of years. For investors looking for a more conservative way to grow savings for retirement, F&G offers a MYGA under the FG Guarantee-Platinum® Series.

The FG Guarantee-Platinum® Series offers three annuity options with varying interest rate guarantee periods: three years, five years and seven years. The longer the guarantee period is, the higher your interest rate for that period will be. When the guarantee period is up, you can either renew your contract for the same period length or withdraw your money penalty-free within 30 days of the end of the guarantee period.

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

Client Resources

F&G customers can sign up for an e-newsletter that covers important news related to the company’s life insurance and annuity products. Policyholders can also find answers to frequently asked questions on the company’s website.

F&G policyholders can download relevant life insurance and annuity forms online, including forms to:
  • Change the policy’s beneficiary
  • Change the policyholder’s address or name
  • Request a duplicate contract or policy
  • Transfer ownership
  • Withdraw from an annuity contract
If you have an annuity with Fidelity & Guaranty, you can log into your account at:

About has provided reliable, accurate and trustworthy financial information to readers since 2013. We partner with professionals like those from Senior Market Sales (SMS), a market leader with over 30 years of experience in the insurance industry, to offer personalized retirement solutions for consumers across the country.

Any information offered about the company above is provided free of charge and individual product offerings are verified and accurate as of publication.

Our partners work with the provider companies mentioned on our site. However, is not a service provider. Actual products, terms and rates offered through the above company are subject to in-state availability and a variety of other factors. Visit the Our Partners page for additional information.

Please seek the advice of a qualified professional before making financial decisions.
Last Modified: December 19, 2022

6 Cited Research Articles 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. Fidelity & Guaranty Life Insurance Company. (2021, December). Read the F&G Mission, Vision and Story. Retrieved from
  2. Fidelity & Guaranty Life Insurance Company. (n.d.). Download Forms to Make Policy Changes. Retrieved from
  3. Fidelity & Guaranty Life Insurance Company. (n.d.). Explore Annuity Options. Retrieved from
  4. Fidelity & Guaranty Life Insurance Company. (n.d.). Get Answers to Common Policyholder Questions. Retrieved from
  5. Fidelity & Guaranty Life Insurance Company. (n.d.). Learn About Annuities and Their Myths. Retrieved from
  6. Fidelity & Guaranty Life Insurance Company. (2022, September 1). Ratings. Retrieved from