Sheena Zimmermann, Financial Writer for
  • Written By
    Sheena Zimmermann, M.Ed.

    Sheena Zimmermann, M.Ed.

    Financial Writer

    As a professional who values lifelong learning, Sheena Zimmermann joined the team with a deep commitment to connecting readers with resources designed to improve their financial literacy and strengthen their financial health.

    Read More
  • Edited By
    Kim Borwick
    Kim Borwick, Financial Editor for

    Kim Borwick

    Financial Editor

    Kim Borwick is a writer and editor who studies financial literacy and retirement annuities. She has extensive experience with editing educational content and financial topics for

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  • Financially Reviewed By
    Timothy Li, MBA
    Timothy Li, MBA Headshot

    Timothy Li, MBA

    Business Finance Manager

    Timothy Li, MBA, has dedicated his career to increasing profitability for his clients, including Fortune 500 companies. Timothy currently serves as a business finance manager where he researches ways to increase profitability within the supply chain, logistics and sales departments.

    Read More
  • Updated: July 4, 2023
  • 4 min read time
  • This page features 8 Cited Research Articles
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Our expert reviewers review our articles and recommend changes to ensure we are upholding our high standards for accuracy and professionalism.

Our expert reviewers hold advanced degrees and certifications and have years of experience with personal finances, retirement planning and investments.

Cite Us
How to Cite's Article

APA Zimmermann, S. (2023, July 4). North American. Retrieved June 22, 2024, from

MLA Zimmermann, Sheena. "North American.", 4 Jul 2023,

Chicago Zimmermann, Sheena. "North American." Last modified July 4, 2023.

Why Trust
Why You Can Trust has provided reliable, accurate financial information to consumers since 2013. We adhere to ethical journalism practices, including presenting honest, unbiased information that follows Associated Press style guidelines and reporting facts from reliable, attributed sources. Our objective is to deliver the most comprehensive explanation of annuities and financial literacy topics using plain, straightforward language.

Our Partnerships, Vision and Goals

We pride ourselves on partnering with professionals like those from Senior Market Sales (SMS) — a market leader with over 30 years of experience in the insurance industry — who offer personalized retirement solutions for consumers across the country. Our relationships with partners including SMS and Insuractive, the company’s consumer-facing branch, allow us to facilitate the sale of annuities and other retirement-oriented financial products to consumers who are looking to purchase safe and reliable solutions to fill gaps in their retirement income. We are compensated when we produce legitimate inquiries, and that compensation helps make an even stronger resource for our audience. We may also, at times, sell lead data to partners in our network in order to best connect consumers to the information they request. Readers are in no way obligated to use our partners’ services to access the free resources on carefully selects partners who share a common goal of educating consumers and helping them select the most appropriate product for their unique financial and lifestyle goals. Our network of advisors will never recommend products that are not right for the consumer, nor will Additionally, operates independently of its partners and has complete editorial control over the information we publish.

Our vision is to provide users with the highest quality information possible about their financial options and empower them to make informed decisions based on their unique needs.

North American was founded in 1886 as the North American Accident Association and has amassed more than 130 years of experience in the financial services realm.

According to the most recently available public data, North American has over 662,000 active annuity and life insurance policies as of December 31, 2021.

About North American

North American became the first company to offer disability insurance policies for women early in the 20th century.

North American is a member of privately held Sammons Financial Group and has earned high rankings in WINK Sales and Market Reports and LIMRA for its fixed index annuity sales.

According to North American’s website, “With over 130 years of business under our belt, North American’s continued and consistent financial strength is a result of our conservative and disciplined investment strategy, our private ownership structure, and doing what’s right for our distribution partners and policyowners.”


Existing annuity policyholders with North American can contact the company through the following number: 1-866-322-7069

Credit Ratings

Credit ratings are opinions provided by independent agencies that measure insurance companies’ financial strength. The higher the rating, the higher the likelihood the company can cover its financial obligations.

These ratings can help you compare annuity providers. You should also take the respective rates and fees into account when choosing the best company for you.

North American Credit Ratings

AM Best S&P Global Fitch
A+ (superior) A+ (strong) A+ (stable)

North American is also a Better Business Bureau-accredited organization, so the company must meet specific standards for lawful and ethical business practices.

It’s high ratings reflect North American’s financial strength and are, according to the company, “testaments to that strength.”

While the ratings apply to North American’s claims paying ability, the ratings do not reflect the safety of variable accounts.

Annuity Products Offered by North American

North American issues flexible annuity products to meet a wide range of client needs. Currently, the provider offers fixed index, multi-year guaranteed and single premium immediate annuities.

In 2022, North American added a new index offering to several of its top fixed annuity products.

Fixed Index Annuities

This is North American’s most popular annuity. Fixed index annuities earn interest based on the performance of a market index, such as the S&P 500. In the event of a market downturn, these annuities offer premium protection to keep your money safe.

Multi-Year Guaranteed Annuities

American National offers multi-year guaranteed annuities, or MYGAs. These products have a guaranteed interest rate for the term designated in your contract.

Single Premium Immediate Annuities

The single premium immediate annuity, or SPIA, issued by North American begins paying out within 12 months of the annuity contract’s date of purchase. SPIAs provide guaranteed income for a specified duration or — in the case of a lifetime annuity — for the rest of the annuitant’s life.

Client Resources

North American provides resources and customer service to foster a positive client experience.

The business provides online reading materials to help people build financial literacy. The literature covers topics such as money management, cost savings and retirement planning. North American also provides buyer’s guides from the National Association of Insurance Commissioners. These help consumers navigate specific annuity types and their state-specific regulations.

For those who already own annuity products, clients can easily access online annuity claim forms and a Claims FAQ site.

learn more

If you have an annuity with North American, you can log into your account at:

North American’s Account Login Page

About has provided reliable, accurate and trustworthy financial information to readers since 2013. We partner with professionals like those from Senior Market Sales (SMS), a market leader with over 30 years of experience in the insurance industry, to offer personalized retirement solutions for consumers across the country.

Any information offered about the company above is provided free of charge and individual product offerings are verified and accurate as of publication.

Our partners work with the provider companies mentioned on our site. However, is not a service provider. Actual products, terms and rates offered through the above company are subject to in-state availability and a variety of other factors. Visit the Our Partners page for additional information.

Please seek the advice of a qualified professional before making financial decisions.
Last Modified: July 4, 2023

8 Cited Research Articles writers adhere to strict sourcing guidelines and use only credible sources of information, including authoritative financial publications, academic organizations, peer-reviewed journals, highly regarded nonprofit organizations, government reports, court records and interviews with qualified experts. You can read more about our commitment to accuracy, fairness and transparency in our editorial guidelines.

  1. Business Wire. (2022, July 29). AM Best Affirms Credit Ratings of Sammons Financial Group, Inc. and Its Subsidiaries. Retrieved from
  2. Fitch Ratings. (2021, December 14). North American Company For Life And Health Insurance. Retrieved from
  3. North American. (2022, April 26). North American Adds Exclusive Morgan Stanley Index to Its Top Fixed Annuity Products. Retrieved from
  4. North American. (2022, March). You Can Have Confidence in North American. Retrieved from
  5. North American. (n.d.). Choose North America. Retrieved from
  6. North American. (n.d.). Explore your North American annuity options. Retrieved from
  7. North American. (n.d.). North American Company History. Retrieved from
  8. North American. (n.d.). You can have confidence in North American. Retrieved from