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fixed annuities

Insurance Company Details

American Life & Security Corp

Company Profile

Company Information

American Life is a wholly owned subsidiary of Midwest Holding Inc, an SEC registrant and publicly traded holding company. American Life was founded in 1960 and reimagined in 2018, when Midwest Holding recapitalized and repositioned the company as a capital efficient, technology-enabled, services-oriented, life and annuity insurance company. The company aims to keep costs and overhead low, passing the savings on to customers through competitively priced products. American Life has a long-term outlook that focuses on maintaining stability as they grow. In December 2023, Midwest Holding was acquired by Antarctica Capital.

Assets and Liabilities

Ratings

B++
(5th of 15 ratings)
Not Rated
Not Rated
Not Rated
Not Ranked

Annuity Products Offered by American Life & Security Corp

Financial Data for the year ending December 31, 2022. Assets and Liabilities totals do not include amounts allocated to Separate Accounts. All ratings shown are current as of June 1, 2023