For almost 60 years, the FGL Holdings family of firms has provided clients with cutting-edge annuity and life insurance products through the expanding independent agency market. The F&G Group of Companies is dedicated to ensuring that its policyholders have a secure retirement. While Fidelity and Guaranty provide a wide variety of annuity options, their Fixed Indexed Annuities are where they shine.

Currently Available Strategies

"F&G Gold"

Policyholders between zero and eighty can purchase F&G Gold, a fixed indexed universal life insurance. Unless otherwise approved by the corporate, the death benefit and insurance face value are between $50,000 and $500,000.

Issue ages can range from zero to fifty, and face amounts can be as high as one million dollars without a checkup. At each index crediting period's anniversary, you'll be able to rebalance your account value among the various crediting alternatives.

F&G Freedom

F&G, called Freedom, offers a similar fixed indexed universal life insurance policy. Unless otherwise approved, policyholders must be between 18 and 80, and the maximum premium is $500,000. Certain modifications are needed to qualify for underwriting without an exam.

You may get a policy with a face value of up to $1,000,000 if you're between 18 and 50. It's impossible to get insurance if you live in Puerto Rico, and the maximum coverage for non-U.S. and non-permanent residents is $300,000.

F&G Pathsetter

The F&G Pathsetter is an adjustable death benefit, fixed index universal life insurance policy. With permission from the home office, policyholder between the age of zero and eighty can purchase a plan with a minimum full value of $50,000 and just a maximum premium of $500,000 or more.

You may qualify for exam-free underwriting if you're between zero and fifty and your policy's face value is at least a million dollars. You may count on getting at least 0.25 percent in credited interest from your policy.

F&G Everlast

The F&G Team of highly fixed indexing universal policy of life insurance is available to everyone between the ages of zero and eighty. It's possible to get more than that with clearance from headquarters, but the cap is $500,000. Underwriting without an exam is available between zero and fifty, with a maximum face value of one million dollars.

Customer Service

You may reach a financial and insurance expert by filling out the online form for new clients, or you can use the email address or phone number shown below if you're already a customer.

The Dissatisfaction Levels Index

National Association of Insurance Commissioners (NAIC) ratings are a fantastic indicator of the quality of an insurance company's customer service (NAIC). The NAIC collects customer complaints for each service provider and uses that information to establish a score, with 1 being the best possible performance.

In 2020, F&G had an NAIC score of 0.16, which is significantly lower than normal and indicates good customer satisfaction. This is an increase from its 2018 score of 0.25 and its 2019 score of 0.20, both of which were already competitive.

External Evaluations

AM Best, like S&P, is a highly regarded agency that gives an opinion on a company's financial stability. F&G received an A- (Excellent) grade indicates that claims are often settled quickly, and payments are made without hassle.

Competition

We compare F&G to one of the greatest life insurance companies, New York Life, to see how we measure up to the competition. Comparing F&G's 0.27 percent market share to New York Life's 5.7 percent market share, it's clear that F&G has a far smaller presence in the market.

Also, only half of New York Life's plan options are available here. New York Life has a stronger rating for financial stability, whereas F&G has a greater dividend from its parent firm. While F&G is not without its merits, New York Life excels in several crucial areas.

Price

F&G life insurance premiums are variable and based on several factors outside the insurer's control.

Plans with Minimum F&G Underwriting Requirements

The underwriting categories used by F&G to determine fair premiums are based on factors including your age, gender, health status, and hobbies. Your policy's final cost depends on several factors, including whether or not you meet underwriting standards.

Age, health, and state of residence are all factors that F&G takes into account when establishing the coverage limits of your insurance. Another consideration considered by F&G to set rates is the customer's gender, although most insurance firms only consider the customer's "preferred" gender at the time of policy purchase.

Conclusion

Fidelity & Guaranty Life Insurance Company, or F&G for short, is a more modest life insurance company offering a limited number of policies and optional riders. However, you need to be familiar with indexed crediting schemes, as these are the foundation of all life insurance products offered by F&G.