United Life Insurance Company

Financial Ratings

A.M. Best A-Stable

About United Life Insurance Company

Founded in 1962 and headquartered in Cedar Rapids, Iowa, United Life Insurance Company is a subsidiary of United Fire Group and serves primarily through independent distribution channels across the U.S. The company specializes in life insurance and annuity solutions, with a focus on conservatively managed fixed annuity products. United Life emphasizes stable investment practices, transparent product design, and tailored support for financial professionals. Over six decades, the company has built a reputation for reliability in the retirement solution space.

Product Lineup

Ultra Advantage

Fixed Indexed Annuity

Index-Linked Growth with Downside Protection

Index Interest Crediting Strategies0% minimum guarantee on index strategies; 0.05% on fixed account

Free Withdrawal AccessUp to 25% maximum lifetime penalty-free access

Flexible Term Selection3, 4, 5, 7, or 10-year terms available

Return of Premium RiderNo fee for this rider

Best for: Retirees and near-retirees who want their accumulated assets to grow tax-deferre...

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Ultra-Premier

Annuity

Guaranteed rates. Safe growth. Tax-deferred.

Guaranteed Interest Rate5-year or 7-year options available

Tax-Deferred GrowthNo annual tax burden

No Fees100% of investment grows

Penalty-Free Withdrawals10% annual free withdrawal

Best for: Retirees or near-retirees who want to protect a portion of their assets from mar...

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Ultra-Secure Plus

Annuity

Guaranteed rates. Protected principal. Tax-deferred growth.

Guaranteed Interest Rates+0.15% for deposits/values over $50,000

Principal Guarantee100%

Tax-Deferred GrowthFull deferral until withdrawal

Free Annual Withdrawals10% annually

Best for: Retirees and near-retirees seeking guaranteed income growth, principal protectio...

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Financial Ratings

Live from CANNEX

Rating Agency

A.M. Best

Rating

A-

Description

Excellent

Effective

January 4, 2018

Rating Agency

Moody's

Rating

Description

Good

Effective

July 19, 2016

Rating Agency

Standard & Poor's

Rating

AA-

Description

Very strong

Effective

July 19, 2016

Rating Analysis

An “A- (Excellent)” rating from A.M. Best signifies that United Life Insurance Company has demonstrated a strong ability to meet its ongoing insurance and annuity obligations under current financial conditions. While this rating does not place it at the absolute top tier (A or A+), it indicates the company is well-capitalized, maintains conservative reserves, and operates with prudent risk management—providing policyholders and contract owners with confidence in its claims-paying capacity.