Reliance Standard

Reliance Standard is an insurance company that provides traditional fixed and fixed index annuities with guaranteed returns. The company also specializes in financial protection, absence management and health benefits to employer groups.

Sheena Zimmermann, Financial Writer for Annuity.org
  • Written By
    Sheena Zimmermann, M.Ed.

    Sheena Zimmermann, M.Ed.

    Financial Writer

    As a professional who values lifelong learning, Sheena Zimmermann joined the Annuity.org team with a deep commitment to connecting readers with resources designed to improve their financial literacy and strengthen their financial health.

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    Emily Miller
    Emily Miller, Managing Editor for Annuity.org

    Emily Miller

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    Managing editor Emily Miller is an award-winning journalist with more than 10 years of experience as a researcher, writer and editor. Throughout her professional career, Emily has covered education, government, health care, crime and breaking news for media organizations in Florida, Washington, D.C. and Texas. She joined the Annuity.org team in 2016.

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  • Updated: September 12, 2022
  • This page features 8 Cited Research Articles
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APA Zimmermann, S. (2022, September 12). Reliance Standard. Annuity.org. Retrieved September 22, 2022, from https://www.annuity.org/annuities/providers/reliance-standard/

MLA Zimmermann, Sheena. "Reliance Standard." Annuity.org, 12 Sep 2022, https://www.annuity.org/annuities/providers/reliance-standard/.

Chicago Zimmermann, Sheena. "Reliance Standard." Annuity.org. Last modified September 12, 2022. https://www.annuity.org/annuities/providers/reliance-standard/.

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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 Annuity.org 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 Annuity.org.

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Reliance Standard Logo

Reliance Standard issues annuities and insurance products in the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam and 49 out of 50 U.S. states. In the state of New York, products and services are provided by the First Reliance Standard Life Insurance Company.

According to Reliance Standard, they “earn clients’ trust by maintaining a strong balance sheet, a sound, diversified investment strategy and the partnership of a nationwide network of institutions and advisors skilled in helping individuals achieve their retirement savings goals.”

About Reliance Standard

Reliance Standard Life Insurance Company, referred to as Reliance Standard, was founded in 1907. It is a member of the Tokio Marine Group which has Tokio Marine Holdings Inc., as its holding company. These groups are listed on the Tokyo Stock Exchange and incorporated in Japan.

In 2021, Reliance Standard received the Novarica Impact Award for its business and policy administration platform. This new technology was recognized for its contributions to retirement services, as it supported the expansion and improved service for 40,000 new applications in its first two years.

According to the 2022 Summary of Operations Report, Reliance Standard has over $92 million in annuity benefits. As of June 30, 2022, Reliance Standard’s net income is almost $250 million.

“We have traditionally written our success story through a commitment to delivering superior customer service,” said Kyle Ryan, vice president of Retirement Services Operations at Reliance Standard. “Through collaboration with our vendor partner, FAST Technology, and our IT & Operations leadership, we have been able to deliver on our goals and build a strong foundation for continued growth.”

Current Reliance Standard annuity customers can reach out to the following number for support:

Credit Ratings

Exhibiting financial strength is one way annuity companies can build consumers’ trust. Credit agencies evaluate the providers and assign credit ratings as a means of scoring the companies’ ability to cover their financial obligations.

Reliance Standard Credit Ratings
Credit Rating
AM Best:A++
Superior
S&P Global Ratings:A+
Strong
Moody’s:A2
Stable

Annuity Products Offered by Reliance Standard

Reliance Standard offers annuity products with guaranteed return rates to help annuity owners preserve capital and retirement income. Keep in mind that annuity product availability may vary by state.

Fixed Annuities

Traditional fixed annuities provide guaranteed growth with tax-deferred earnings. This annuity type appeals to those who wish to protect their retirement savings.

Reliance Standard’s products include:
Apollo-MVA:
Single Premium Deferred Annuity with Market Value Adjustment Provisions
Apollo-SP:
Single Premium Deferred Annuity
Eleos-MVA:
Single Premium Deferred Annuity with Market Value Adjustment Provisions
Eleos-SP:
Single Premium Deferred Annuity

Fixed Index Annuities

Fixed index annuities earn interest linked to a certain market index, like the Standard & Poor’s 500 (S&P 500). These products also offer premium protection, so the money you use to buy the annuity is protected if the market experiences a downturn.

Reliance Standard issues the Keystone Index annuity, which allows you to choose from one of the Index Interest Strategies or Fixed Interest Strategy. According to Reliance Standard, “the annuity also provides a guarantee that your premium, less withdrawals, will earn interest at a guaranteed minimum rate over the length of the contract.”

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

Client Resources

Clients can use Reliance Standard’s secure online self-service platform to check insurance coverage approvals, claims status and annuity value.

Annuity owners can access important Reliance Standard forms online, including:
  • Financial Change Form
  • Non-Financial Charge Form
  • Request for Scheduled Annuity Payments
  • Lost Policy Affidavit
  • Annuity Death Claim Forms

For consumers who prefer one-on-one customer service, the company also has a Customer Care Center and regional service offices.

Reliance Standard funds the Delphi Project Foundation, which the Pennsylvania Department of Community and Economic Development recognizes as an Educational Improvement Organization. The Foundation’s programs bring arts education and career training programs to underserved youth in Philadelphia during and after school hours.

If you have an annuity with Reliance Standard, you can log into your account at:

 


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Last Modified: September 12, 2022

8 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. Aite-Novarica Group. (2021, July 13). Reliance Standard Selected by Insurer CIOs for Novarica Impact Award. Retrieved from https://novarica.com/reliance-standard-selected-by-insurer-cios-for-novarica-impact-award/
  2. Moody’s. (2020, September 15). Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Reliance Standard Life Insurance Company. Retrieved from https://www.moodys.com/research/Moodys-announces-completion-of-a-periodic-review-of-ratings-of--PR_429597
  3. Reliance Standard. (2022, June 30). Quarterly Statement. Retrieved from https://www.reliancestandard.com/SiteData/docs/RSL2Q2022/a51292791ad431a5/RSL%202Q%202022.pdf
  4. Reliance Standard. (n.d.). Customer Care. Retrieved from https://customercare.rsli.com/Default.aspx/
  5. Reliance Standard. (n.d.). Fixed Index Products. Retrieved from https://www.reliancestandard.com/broker/products/annuities/fixed-index-products/
  6. Reliance Standard. (n.d.). Giving Back to the Community. Retrieved from https://www.reliancestandard.com/home/about-us/giving-back-to-the-community/
  7. Reliance Standard. (n.d.). Traditional Fixed Annuity Products. Retrieved from https://www.reliancestandard.com/broker/products/annuities/traditional-multi-year-products/
  8. Reliance Standard. (n.d.). Who We Are. Retrieved from https://www.reliancestandard.com/home/about-us/who-we-are/