Introduction
Fidelity & Guaranty Life Insurance is a well-known insurance company that offers a range of life insurance products and annuities. With a strong reputation and a history dating back to 1959, Fidelity & Guaranty Life Insurance has become a trusted provider in the industry. In this article, we will explore the various aspects of Fidelity & Guaranty Life Insurance and understand why it is a popular choice for individuals seeking life insurance coverage.
Company History and Background
Fidelity & Guaranty Life Insurance was founded in 1959 and is headquartered in Des Moines, Iowa. The company has a long-standing history in the insurance industry and has built a strong reputation for its financial stability and customer service. Fidelity & Guaranty Life Insurance is a subsidiary of Fidelity National Financial, a leading provider of title insurance and mortgage services.
Life Insurance Products
Fidelity & Guaranty Life Insurance offers a variety of life insurance products to cater to the diverse needs of its customers. These products include term life insurance, whole life insurance, and universal life insurance. Term life insurance provides coverage for a specific period, while whole life insurance offers lifelong coverage with a cash value component. Universal life insurance combines the benefits of both term and whole life insurance, allowing flexibility in premium payments and death benefit amounts.
Annuities
In addition to life insurance, Fidelity & Guaranty Life Insurance also offers annuities. Annuities are financial products that provide a guaranteed income stream during retirement. Fidelity & Guaranty Life Insurance offers fixed annuities and indexed annuities. Fixed annuities provide a fixed interest rate, while indexed annuities offer the potential for higher returns based on the performance of a specific index, such as the S&P 500.
Financial Stability
One of the key factors that sets Fidelity & Guaranty Life Insurance apart is its financial stability. The company has consistently received high ratings from independent rating agencies, such as A.M. Best and Standard & Poor’s. These ratings reflect the company’s ability to meet its financial obligations and provide peace of mind to policyholders.
Customer Service
Fidelity & Guaranty Life Insurance is known for its exceptional customer service. The company strives to provide personalized attention to its customers and offers various channels for communication, including phone, email, and online chat. Policyholders can easily access their accounts, make payments, and manage their policies through the company’s user-friendly online portal.
Conclusion
Fidelity & Guaranty Life Insurance is a reputable insurance company that offers a wide range of life insurance products and annuities. With a strong history, financial stability, and a commitment to exceptional customer service, Fidelity & Guaranty Life Insurance has become a popular choice for individuals seeking reliable life insurance coverage. Whether it’s term life insurance, whole life insurance, or annuities, Fidelity & Guaranty Life Insurance provides options to meet the diverse needs of its customers.
References
– Fidelity & Guaranty Life Insurance: www.fglife.com
– A.M. Best: www.ambest.com
– Standard & Poor’s: www.standardandpoors.com
