Sagicor Life USA
The U.S. life and annuity issuer of the Sagicor group - a Texas-domiciled carrier operating since 1954 from Scottsdale, Arizona, backed by publicly listed Sagicor Financial Company Ltd. and carrying an A- (Excellent) rating from AM Best across a focused fixed and fixed indexed annuity shelf.
Financial strength
A-
AM Best
a-
AM Best (Issuer Credit)
AM Best A- (Excellent)
Sagicor Life Insurance Company carries an A- (Excellent) Financial Strength Rating from AM Best, with a Stable outlook affirmed April 9, 2025 - the fourth-highest of thirteen categories.
U.S. entity since 1954
Incorporated April 5, 1954 (originally American Founders Life Insurance Company); the present Sagicor Life Insurance Company title was adopted in 2006 - a long-tenured U.S. legal carrier.
Sagicor group parent
Part of Sagicor Financial Company Ltd. - a publicly listed (TSX: SFC), Bermuda-headquartered international financial group with Caribbean roots dating to 1840. Parent context only; guarantees are the U.S. issuer's obligation.
Milestone MYGA line
The Milestone Max MYGA (44 states) and its California-only Milestone MYGA sibling anchor the shelf for buyers who want a declared guaranteed rate over a fixed term.
Sage Accumulator FIA
The Sage Accumulator fixed indexed annuity rounds out the shelf with principal-protected, index-linked accumulation on a shorter five-year chassis.
Run live numbers on Sagicor Life USA products
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Growth FIAs
Selected product: Sage Accumulator
An accumulation-focused fixed indexed annuity group with index-linked crediting and, for some versions, premium-bonus designs.
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Explore Sagicor Life USA products
Sagicor Life USA’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.
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.
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Compare Sagicor Life USA'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 Sagicor product page that matches that goal.
Company overview
What Sagicor Life USA is
Sagicor Life Insurance Company is a Texas-domiciled U.S. life and annuity carrier (NAIC #60445) with its home office in Scottsdale, Arizona, focused on principal protection, tax-deferred accumulation, and guaranteed income for conservative retirement savers.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
The U.S. issuer is part of Sagicor Financial Company Ltd., a publicly listed (TSX: SFC) international financial services group headquartered in Bermuda that traces its origins to the Caribbean market in 1840. Policyholder guarantees remain the obligation of Sagicor Life Insurance Company as the legal issuing carrier.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
Sagicor Life USA offers Milestone MYGA Family alongside Sage Accumulator.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Scale, labeled
U.S. entity
1954
Incorporated April 5, 1954 as American Founders Life; Texas-domiciled, NAIC #60445, AMB #006057.
Incorporated 1954 · AnnuityRatesHQ carrier research; AM Best
Parent
Sagicor Financial (TSX: SFC)
Publicly listed, Bermuda-headquartered international group; over US$25 billion in group assets (parent/group reporting).
Checked 2026-07-07 · AnnuityRatesHQ carrier research; Sagicor Financial Company Ltd.
Structure
Stock insurer
Stock life insurance company; Texas domicile, Scottsdale, AZ home office; independent-agency distribution.
Checked 2026-07-07 · AnnuityRatesHQ carrier research; AM Best
AM Best
A- (Excellent)
A- Financial Strength Rating (Stable), affirmed April 9, 2025; Best's Financial Size Category VIII for the U.S. legal entity.
Affirmed 2025-04-09 · AnnuityRatesHQ carrier research; AM Best
History highlights
The U.S. entity was incorporated April 5, 1954 as American Founders Life Insurance Company, establishing a long U.S. operating history.
Incorporated 1954 · AnnuityRatesHQ carrier research; AM Best
The Sagicor parent group traces its origins to the Caribbean insurance market in 1840, and Sagicor Financial was formed following demutualization in 2002.
Group founded 1840; parent 2002 · AnnuityRatesHQ carrier research
The present Sagicor Life Insurance Company title was adopted in 2006; in 2025 AM Best affirmed the A- (Excellent) rating with a Stable outlook, and Sagicor Life USA reported roughly $1.3 billion of new-business production for the year (parent/segment reporting).
Renamed 2006; rating affirmed 2025 · AnnuityRatesHQ carrier research; AM Best; Sagicor Financial Company Ltd. results
A U.S. issuer inside an international financial group
Sagicor Life Insurance Company is the U.S. legal issuing entity; the broader Sagicor group includes Sagicor Financial Company Ltd. and affiliated insurance and financial services operations across the Caribbean, the United States, Canada, and Latin America.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
Sagicor Financial Company Ltd. - the ultimate parent - was formed following demutualization in 2002 and is publicly listed on the Toronto Stock Exchange under ticker SFC. Parent scale and strategic support inform due diligence, but contracts are issued by Sagicor Life Insurance Company.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
AM Best names Sagicor Financial Company Ltd. as ultimate parent and describes the U.S. insurer as strategically important within the group, noting parental support and capital contributions alongside increased reinsurance use as it grows its U.S. annuity book.
Checked 2026-07-07 · AnnuityRatesHQ carrier research; AM Best
Financial strength
AM Best
A-
Excellent financial-strength rating (Stable outlook), affirmed April 9, 2025 - the fourth-highest of thirteen AM Best categories.
Affirmed 2025-04-09
AM Best (Issuer Credit)
a-
Long-Term Issuer Credit Rating of a- (Stable), affirmed April 9, 2025, for Sagicor Life Insurance Company.
Affirmed 2025-04-09
What makes Sagicor Life USA different
A U.S. issuer with an international parent
Sagicor Life Insurance Company is a Texas-domiciled U.S. carrier operating since 1954, backed by a publicly listed international group - a recognizable dual story in a market dominated by large U.S. mutuals and private-capital annuity specialists. Guarantees remain the U.S. issuer's obligation.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
A- (Excellent) financial strength
AM Best rates the U.S. issuer A- (Excellent) with a Stable outlook, affirmed April 9, 2025 - a solid but moderate tier below the highest-rated national leaders, with the rationale citing parental support, a conservative liquid portfolio, and increased reinsurance use amid annuity-market competition.
Affirmed 2025-04-09 · AnnuityRatesHQ carrier research; AM Best
A conservative retirement focus
Sagicor targets clients who want simple fixed accumulation, tax deferral, principal protection, and indexed accumulation without equity-market exposure - a different architecture from variable-annuity or RILA-led platforms.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
The Milestone MYGA and Sage Accumulator shelf
The annuity lineup pairs the Milestone Max MYGA (44-state filing, with MVA) and its California-only Milestone MYGA sibling with the Sage Accumulator FIA. Current rates, terms, and state availability are shown for each product.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
About Sagicor Life USA
Sagicor Life Insurance Company - the U.S. issuer marketed as Sagicor Life USA - is a Texas-domiciled stock life insurer incorporated in 1954 (formerly American Founders Life) with its home office in Scottsdale, Arizona. It is part of publicly listed Sagicor Financial Company Ltd., an international group with Caribbean roots dating to 1840.
Checked 2026-07-07 · AnnuityRatesHQ carrier research
Sagicor Life Insurance Company carries an A- (Excellent) rating from AM Best (Stable, affirmed April 9, 2025) and competes as a focused fixed and fixed indexed annuity issuer for conservative retirement assets, distributed through independent agencies. Guarantees depend on the claims-paying ability of the issuing carrier.
Affirmed 2025-04-09 · AnnuityRatesHQ carrier research; AM Best
Sagicor pairs the Milestone fixed-rate family with the five-year Sage Accumulator fixed indexed annuity.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Free Comparison Report
Get Sagicor Life USA's current rate report
Compare Sagicor Life USA's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- Sagicor corporate site — 2026-07-07
- AnnuityRatesHQ carrier research - Sagicor Life Insurance Company overview, U.S. entity incorporated 1954 (formerly American Founders Life), renamed 2006, Sagicor Financial Company Ltd. parent (TSX: SFC), AM Best A- (Excellent) Stable affirmed 2025-04-09 — Checked 2026-07-07
- Live product catalog (Sage Accumulator FIA; Milestone Max MYGA and California-only Milestone MYGA), rates, riders, state availability: CANNEX Financial Exchanges via AdvisorWorld — Verified July 2026