Clear Spring Life

Financial Ratings

AM Best A-Stable

About Clear Spring Life

Clear Spring Life and Annuity Company is a U.S.-based insurer that focuses on annuity products for retirement planning. Founded in 1985 and headquartered in Zionsville, Indiana, the company is a subsidiary of Group 1001, a financial services group. Clear Spring Life offers a range of annuities, including Fixed Indexed Annuities (FIAs), which provide potential growth linked to market indices with downside protection; Multi-Year Guaranteed Annuities (MYGAs), which offer fixed interest rates for terms between 3 and 10 years, delivering predictable returns; and Single Premium Immediate Annuities (SPIAs), designed to provide immediate, guaranteed income for retirees. These products are distributed through independent marketing organizations, reflecting the company’s goal of making annuity-based retirement solutions accessible and easy to understand

Financial Ratings

Live from CANNEX

Rating Agency

A.M. Best

Rating

A-

Description

Excellent

Effective

March 11, 2025

Rating Analysis

Clear Spring Life and Insurance Company holds an A- rating from AM Best, indicating strong financial stability and reliability in the insurance sector. This rating reflects the company's sound capitalization, disciplined risk management, and steady operational performance. Clear Spring Life has built a solid reputation in the life insurance and annuity markets, backed by a well-established infrastructure and prudent business strategies. The stable outlook associated with this rating suggests that Clear Spring Life is expected to maintain its financial health and continue delivering consistent results over the long term.