Jackson National Life Insurance

Best Current Annuity Product Rates from Jackson National

Ratings and Reviews

Jackson National — whose history dates back to 1961 — is a strong and financially secure company. It holds A ratings from all major rating agencies and boasts a history of stability.

Jackson National’s Credit Ratings

Rating Company	Credit Rating
AM Best	A
Fitch	A
S&P	A

Jackson National checks many of the boxes that customers consider when looking for an annuity provider, and it has great customer satisfaction.

In the J.D. Power 2025 U.S. Individual Annuity Study, Jackson National was rated above average for overall customer satisfaction, with a score of 650 out of 1,000. For reference, the study average score was 639. Jackson National scored just below average in the 2024 and 2023 studies, suggesting that the company’s customer satisfaction is improving.

The National Association of Insurance Commissioners (NAIC) tracks the consumer complaints that each state’s insurance commission receives yearly. These are used to compile a company’s NAIC Complaint IndexNAIC Complaint IndexDetermined by dividing the company’s share of complaints in the U.S. market by the company’s share of premiums in the U.S. market. The National Complaint Index is always 1.00, so a score of 2.00, for example, is twice as high as expected in the market..

Jackson National received a score of 0.36 for individual annuities, meaning it received fewer customer complaints than expected, given its market share.

NAIC Complaint Index for Jackson National

All Policy Types	0.16
Individual Annuities Only	0.36

Products Offered by Jackson National

Jackson National’s annuities are divided into four categories: fixed, fixed index, SPIA, variable and RILA.

The company offers a range of annuity products, whereas other providers may focus on just a few types.

Variable Annuities

Jackson National offers access to several different types of variable annuities. Its primary offerings are part of the Perspective family, including the Perspective II and Perspective Advisor II.

The Perspective II — available with a core contract charge of 1.3% — includes over 100 different investment options and automatic rebalancing.

It is based on a seven-year surrender schedule and includes industry-standard benefits such as extended care and terminal illness waivers. You can also withdraw up to 10% of the contract value without penalty.

Jackson National also offers the Elite Access II, which has a five-year surrender schedule and a slightly slower core contract charge of 1%.

Additional annuities of this type are available, including the Elite Access Advisory II.

Annuity Features	Perspective II	Elite Access II
Withdrawal Charges	Seven years starting at 8.5%	Five years starting at 6.5%
Core Contract Charge	1.3%	1%
Investment Options	More than 100	More than 100
Minimum Initial Premium	$10,000 for nonqualified and $5,000 for qualified	$5,000 for nonqualified and $2,000 for qualified

Fixed Index Annuities

Jackson National’s fixed index annuity is called MarketProtector and it is a heavily customizable product.

MarketProtector Indexed Option Periods

• Five Years
• Seven Years
• 10 Years

In addition to offering several different indexed option periods, the annuity provides access to six different crediting strategies.

Point-to-point cap and point-to-point performance trigger options are available. You can also add a lifetime income benefit to your annuity for a fee that ranges from 1.1% to 1.25%.

Jackson National also has the Jackson Income Assurance℠ Suite, which includes four products:

• Jackson Income Assurance℠ 7
• Jackson Income Assurance℠ Advisory 7
• Jackson Income Assurance℠ 10
• Jackson Income Assurance℠ Advisory 10

These fixed index annuities can maximize your earning potential with tax-deferred growth over seven or 10 years. They’re available to people between the ages of 50 and 80, with a minimum premium of $25,000.

Fixed Annuities

Regarding fixed annuities, Jackson National sells both a MYGA and an immediate annuity.

The MYGA is called Jackson RateProtector and is available for three, five or seven years. This product offers higher interest crediting to premiums of $100,000 or more and includes standard benefits like extended care and terminal illness riders.

Jackson National will customize an immediate annuity to your liking. Payments are available on various schedules; periods can last from five to 60 years, and you can choose from any combination of life or period certain choices.

You can also tack on an income escalator to help spread your money to combat inflation better.

Jackson National also offers one single premium immediate annuity (SPIA), called the Jackson Immediate Annuity. This product provides guaranteed income, protection against market volatility and an optional rider that protects your money against inflation.

RILAs

RILAs are only sometimes available through annuity providers, but Jackson National advertises four different versions.

Its base offering is the Jackson Market Link Pro III, available on a six-year surrender period with a $25,000 minimum.

It offers several index options along with multiple crediting methods. You can set buffers and floors that best fit your situation, and terminal illness and extended care riders are automatically included.

Jackson National also offers the Jackson Market Link Pro Advisory III.

Jackson National Pros & Cons

The pros may outweigh the cons when considering purchasing an annuity with Jackson National.

Pros

The company is a giant in the annuity space, selling more than most of its competitors — and there’s a reason for that. While some providers may only offer one or two excellent products, Jackson National sells a variety of annuities.

It is also remarkably upfront about its products. All the information you may want about a given annuity is readily available online — not just through an agent.

And to top that off, Jackson National is a financially secure company.

Cons

While Jackson National has a good customer satisfaction score from J.D. Power and fewer complaints than expected, its BBB page tells a different story.

The company has a BBB rating of just 1.17 out of 5 stars, based on 29 reviews. The customer reviews are overwhelmingly negative, with many people complaining about poor customer service and difficulty accessing their money.

About Jackson National

Jackson National Life was founded in 1961 before it was bought out by Prudential in 1986.

However, it has since become a separate company after the two entities went through a demerging process in 2021.

While Jackson National now stands independently, it is a solid and stable company.

As of 2024, Jackson National Life was the eighth-largest individual annuity provider in the United States. It wrote more than $17.5 billion in annuity premiums, and had 4.17% of the total market share, according to the NAIC.