A+ Rated

Midland National Life Insurance Company (Sammons)

Leading provider of annuity solutions with 119+ years of experience

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Established

1906

Total Assets

$60 billion

Products

Experience

119+ years

Financial Strength Ratings

AM Best A+

S&P A+

Moody's Not rated

Fitch Not rated

About Midland National Life Insurance Company (Sammons)

Midland National Life Insurance Company (Sammons) has been providing quality annuity solutions for 119+ years with $60 billion in assets under management.

119 years in business

Part of Sammons Financial

#2 in FIA sales (Sammons umbrella)

Family-owned

Conservative investment approach

Annuity Types Offered

Fixed Indexed Annuities

Fixed Annuities (MYGAs)

Typical Rates & Fees

How to Compare: Check the boxes on any 2 policies below, then click "Compare Now" in the green bar that appears.

Rates

Fixed Rate 5.0-5.75%

Indexed Caps 9-13%

Income Rider Rollup 6.5-7.5%

Fees

Annual Fee $0

Income Rider Fee 0.95-1.25%

Surrender Period 5-10 years

Company Details

Headquarters

West Des Moines, Iowa

Founded

1906

Minimum Premium

$10,000

Issue Ages

0-85

Financial Ratings

AM Best A+

S&P A+

Moody's Not rated

Fitch Not rated

These ratings indicate excellent financial strength.

Annuity Products from Midland National Life Insurance Company (Sammons)

Explore our comprehensive range of annuity solutions

How to Compare: Check the boxes on any 2 policies below, then click "Compare Now" in the green bar that appears.

Fixed Indexed Annuity

Midland National Endeavor

Accumulation

FIA flagship

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Fixed Indexed Annuity

Midland National SecurOption

Income Focus

Income-focused

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Multi-Year Guaranteed Annuity

Midland National MYGA

Accumulation

Multi-year guarantee

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Fixed Indexed Annuity

Midland National Income Riders

Accumulation

Multiple options

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Frequently Asked Questions

Midland National Life Insurance Company (Sammons) offers Fixed Indexed Annuities, Fixed Annuities (MYGAs) designed to meet various retirement income needs and goals.

Midland National Life Insurance Company (Sammons) maintains strong financial ratings with an AM Best rating of A+, indicating excellent financial stability and claims-paying ability.

The minimum premium for Midland National Life Insurance Company (Sammons) annuity products is typically $10,000, though this may vary by specific product and state regulations.