What You Need to Know Before Buying
Company Background and Reliability
- Founded: 2008 (incorporated August 28, 2008)
- Years in Business: 17 years (as of 2026)
- Headquarters: West Des Moines, Iowa
- Company Overview: Eagle Life Insurance Company is a wholly owned subsidiary of American Equity Investment Life Insurance Company. It specializes in fixed and fixed indexed annuities offered through financial institutions and independent broker-dealers.
- Why It Matters: Though younger than many insurers, Eagle Life benefits from the backing of a strong parent company and focuses solely on retirement products. This focused expertise and institutional support make it a notable mid-tier option in the annuity market.
Financial Strength and Ratings (2026)
- A.M. Best: A– (Excellent)
- S&P: A
- Moody’s: Not Rated
- Fitch: A-
- Comdex Score: 75
- Why It Matters: Eagle Life’s ratings signal sound financial stability and ability to meet obligations. Backed by American Equity’s infrastructure, it offers reliable annuity solutions, though it doesn’t carry the highest-tier ratings.
Fixed Annuity Interest Rates
These are the current Multi-Year Guaranteed Annuity (MYGA) interest rates for November 2026. Comparing Eagle Life’s guaranteed rates with those of all other insurers is essential to ensure your savings earn the maximum growth possible. While Eagle Life provides competitive solutions, we recommend you compare current fixed annuity rates from 50+ other A-rated insurance companies to ensure you are securing the highest yield available for your retirement savings.
Fixed Income Payout Rates
These are the highest fixed income payout rates for November 2026 among all annuity companies. Since lifetime income payouts vary significantly from one company to another, you’ll want to compare Eagle Life’s payout options with other insurers to make sure you’re getting the highest guaranteed income for life. The same deposit amount can generate very different results depending on the company chosen.
How to Compare Eagle Life with Other Companies
- Focused, Niche Provider: Eagle Life offers retirement products only, which allows for tight specialization but limits diversification.
- Ratings Comparison: Its A– and A ratings keep it competitive within mid-tier insurers, but you’ll want to evaluate it against top-tier carriers for maximum long-term reliability.
- Distribution Strategy: Products are sold through broker-dealers and financial institutions—understand how that may affect access or advice.
- Independent Review: Always include Eagle Life alongside A or better rated insurers when evaluating rates and payouts.
Why Use an Independent Annuity Broker
- Direct engagement gives access only to Eagle Life’s own products.
- An independent broker can compare Eagle Life to dozens of other insurers.
- This helps you find the best combination of rates, payouts, and financial strength.
- There’s no cost to you—insurance companies pay brokers, not you.
Application Process (Step-by-Step)
- Get a Quote: Compare Eagle Life’s rates with competitors.
- Select a Product: Choose between fixed growth or lifetime income.
- Submit an Application: Provide your personal and beneficiary details.
- Funding Options: Use non-qualified funds, IRAs, Roth IRAs, or 401(k) rollovers.
- Contract Issuance: Once approved and funded, your annuity begins accruing interest or paying income.
Other Insurance to Consider
- Life Insurance: Protects loved ones and can restore lost funds if you annuitize.
- Long-Term Care Insurance: Covers nursing home or in-home care costs.
- Disability Insurance: Secures income for working individuals before retirement.
Final Advice
Eagle Life is a mid-tier, annuity-only provider with solid ratings and parent-company support. Its products are competitive, but to ensure you receive the best overall value, always compare Eagle Life’s offers with those from highly rated or larger carriers.
Why Choose The Annuity Expert
- Our service is free of charge, with no obligation.
- Access the largest selection of annuity products in the United States.
- Advisors guide you through every step for a stress-free experience.
Contact The Annuity Expert today for free quotes. We’ll help you find the highest fixed annuity interest rates to grow your savings or the strongest guaranteed income payouts for retirement.
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