American Life
A small, technology-first retirement carrier - founded in 1960, Lincoln-based, and backed since 2023 by Antarctica Capital through Midwest Holding - offering a focused shelf of fixed indexed annuities. Its AM Best rating is B++ (Good): secure but below the A range.
Financial strength
B++
AM Best
AM Best B++ (Good)
American Life carries an AM Best B++ (Good) Financial Strength Rating - a secure grade, but below the A range. It is a small carrier and should not be considered top-tier rated.
Technology-first
One of the first carriers to run entirely on a cloud-based policy-administration platform (FAST Technologies, 2018), built around digital workflows and faster processing.
Founded 1960
Founded in 1960 and headquartered in Lincoln, Nebraska; an NAIC-licensed life and annuity carrier (NAIC 67253).
Antarctica Capital-backed
A subsidiary of Midwest Holding Inc., which an affiliate of Antarctica Capital (an alternative asset manager) acquired in December 2023.
Focused FIA shelf
American Life's live lineup is its fixed indexed annuities - the American Select family and the Max Growth family.
Run live numbers on American Life products
Choose a product type, then select a current product. The analyzer shows available values for your premium, age, state, and timing, and leaves out details that are not published for that selection.
Growth FIAs
Selected product: American Select
An accumulation-focused fixed indexed annuity group with index-linked crediting and, for some versions, premium-bonus designs.
Other current products
Free Comparison Report
Get American Life's current rate report
Compare American Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Explore American Life products
American Life’s lineup, grouped by what each product group is built to do. Current rates come from CANNEX via AdvisorWorld and are checked daily.
Fixed Index Annuity - Growth
Index-linked annuities built for protected growth, with caps, participation rates, and fixed-account options surfaced from live product data.
- Growth-oriented FIAs grouped by accumulation purpose
- Individual product pages carry current rates, terms, riders, and disclosures
Best for: Buyers comparing principal-protected growth potential before opening a product page for the full live strategy set.
American Select
An accumulation-focused fixed indexed annuity from a smaller B++ carrier offering a recognizable S&P 500 annual point-to-point cap plus a broad menu of proprietary participation-rate strategies, sold in two surrender-length variants and available in thirty states.
S&P 500 annual cap
9.5%
American Select Bonus
A seven-year, B++-rated bonus FIA that credits an up-front premium bonus subject to a seven-year vesting recapture, with a crediting menu that pairs a recognizable S&P 500 annual point-to-point cap against a broad lineup of proprietary participation-rate indexes.
S&P 500 annual cap
5.75%
American Select Bonus Plus 7
A seven-year-surrender accumulation FIA from a B++-rated carrier built around an upfront premium bonus vested over the same seven years, no income rider, and a deep crediting menu pairing recognizable S&P 500 cap and participation options with proprietary volatility-controlled indexes from Goldman Sachs, S&P MARC, Nasdaq, and Janus SG.
S&P 500 annual cap
5.75%
American Select Bonus Plus 10
A ten-year, accumulation-focused fixed indexed annuity from a B++-rated carrier built around a large upfront premium bonus vesting evenly across the surrender term, paired with a deep crediting menu that combines a recognizable S&P 500 cap with participation-rate strategies on Nasdaq-100, S&P MARC, Goldman Sachs Xenith, Janus SG Guidance, and S&P 500 Scored & Screened indexes.
S&P 500 annual cap
5.75%
Max Growth
A long-surrender accumulation FIA from American Life & Security Corp built around a recognizable S&P 500 cap, with an S&P 500 performance-trigger strategy and two proprietary volatility-controlled participation-rate options alongside it — and no income rider attached.
S&P 500 annual cap
10.5%
Max Growth Bonus
An accumulation-focused fixed indexed annuity with an unusually short four-year surrender, a premium bonus on a long vesting schedule, and a recognizable S&P 500 cap alongside proprietary participation strategies, from a B++ A.M. Best-rated carrier.
S&P 500 annual cap
8.5%
Rates are pulled live from CANNEX via the AdvisorWorld data feed · 2026-07-16. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
Free Comparison Report
Get American Life's current rate report
Compare American Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Find your fit
Start with the job for the money, then open the live American Life product page that matches that goal.
Company overview
What American Life is
American Life & Security Corp., founded in 1960 and headquartered in Lincoln, Nebraska, is a small, technology-focused life and annuity carrier. It is a wholly owned subsidiary of Midwest Holding Inc., a tech-enabled insurance platform.
Checked 2026-06-30 · AnnuityRatesHQ carrier research
The company's strategy emphasizes a technology-first operating model - digital workflows and streamlined administration - over a broad product catalog, with a deliberately narrow shelf organized around a few retirement-accumulation objectives.
Checked 2026-06-30 · AnnuityRatesHQ carrier research
American Life offers American Select alongside Max Growth.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Scale, labeled
Parent
Midwest Holding
Wholly owned subsidiary of Midwest Holding Inc.
Checked 2026-06-30 · AnnuityRatesHQ carrier research
Owner
Antarctica Capital
Midwest Holding acquired by an affiliate of Antarctica Capital, Dec 2023.
Acquired Dec 2023 · AnnuityRatesHQ carrier research
AM Best
B++ (Good)
Secure, but below the A range - a small carrier, not top-tier rated.
Checked 2026-06-30 · AnnuityRatesHQ carrier research; AM Best
History highlights
American Life & Security Corp. was founded in 1960 in Lincoln, Nebraska.
Founded 1960 · AnnuityRatesHQ carrier research
In 2018 the company undertook a technology transformation, becoming one of the first carriers to operate entirely on a cloud-based policy-administration platform (FAST Technologies).
Tech transformation 2018 · AnnuityRatesHQ carrier research
In December 2023, parent Midwest Holding Inc. was acquired by an affiliate of Antarctica Capital, with leadership and the Lincoln headquarters retained.
Acquired Dec 2023 · AnnuityRatesHQ carrier research
A Midwest Holding company, backed by Antarctica Capital
American Life & Security Corp. is a wholly owned subsidiary of Midwest Holding Inc., a technology-enabled life and annuity platform combining insurance, investment management, and reinsurance.
Checked 2026-06-30 · AnnuityRatesHQ carrier research
In December 2023, an affiliate of Antarctica Capital - an alternative asset manager - acquired Midwest Holding, providing long-term capital for the small, growth-oriented carrier while retaining its leadership and Lincoln headquarters.
Acquired Dec 2023 · AnnuityRatesHQ carrier research
As a smaller, fast-growing carrier, American Life's rating considerations include capital management, premium growth, and reinsurance use - typical of carriers at its scale.
Checked 2026-06-30 · AnnuityRatesHQ carrier research; AM Best
Financial strength
AM Best
B++
Good financial-strength rating - secure, but below the A range. American Life is a small carrier and is not top-tier rated.
Checked 2026-06-30
What makes American Life different
A technology-first carrier
American Life was one of the first insurers to run entirely on a cloud-based policy-administration platform (FAST Technologies, 2018), emphasizing digital workflows, streamlined administration, and faster processing over product breadth.
Checked 2026-06-30 · AnnuityRatesHQ carrier research
A small carrier, rated honestly
American Life carries an AM Best B++ (Good) rating - secure but below the A range. It is a small, growth-oriented carrier, not a top-tier national insurer, and we present its financial strength on those honest terms.
Checked 2026-06-30 · AnnuityRatesHQ carrier research; AM Best
Institutional backing
Through Midwest Holding, American Life is backed by an affiliate of Antarctica Capital (acquired Dec 2023), an alternative asset manager - long-term capital behind a small, fast-growing carrier.
Checked 2026-06-30 · AnnuityRatesHQ carrier research
A focused indexed-annuity shelf
The live lineup is concentrated on fixed indexed annuities for protected accumulation - the American Select family (base, Bonus, and Bonus Plus 7/10) and the Max Growth family (base and Bonus) - with all crediting detail shown with current data.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
About American Life
American Life & Security Corp., founded in 1960 and headquartered in Lincoln, Nebraska, is a small, technology-focused life and annuity carrier and a subsidiary of Midwest Holding Inc. Since December 2023 Midwest Holding has been owned by an affiliate of Antarctica Capital.
Checked 2026-06-30 · AnnuityRatesHQ carrier research
American Life carries an AM Best B++ (Good) Financial Strength Rating - a secure grade, but below the A range. It is a small, growth-oriented carrier rather than a top-tier national insurer, and we describe its strength on those honest terms.
Checked 2026-06-30 · AnnuityRatesHQ carrier research; AM Best
American Life's annuity presence centers on the American Select and Max Growth fixed indexed annuity families. Current caps, participation rates, bonuses, and terms are shown separately for each product.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Free Comparison Report
Get American Life's current rate report
Compare American Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- American Life & Security corporate site — 2026-06-30
- American Life overview - founded 1960, Midwest Holding / Antarctica Capital ownership (Dec 2023), AM Best B++ (Good) — Checked 2026-06-30
- Live product catalog (American Select family + Max Growth family, all FIA), caps, participation rates, bonuses: CANNEX Financial Exchanges via AdvisorWorld — Verified July 2026