Athene Annuity and Life Company (Athene) is a leading provider of annuities and retirement savings products in the United States. It is a subsidiary of Athene Holding Ltd., which is a Bermuda-based insurance holding company.
What types of annuities does Athene offer?
Athene offers a variety of annuity products, including fixed annuities, fixed indexed annuities, and variable annuities. These annuities provide individuals with a way to save for retirement by offering tax-deferred growth and a guaranteed income stream for life.
How long has Athene been in business?
Athene was founded in 2009 and has quickly become a leading provider of annuities in the United States. It has built a strong reputation for its financial strength, innovative products, and exceptional customer service.
Is Athene a safe company to invest with?
Yes, Athene is considered a financially stable and secure company. It has been assigned high ratings by independent rating agencies, such as A.M. Best, Moody’s, and Standard & Poor’s. These ratings reflect the company’s strong capital position and ability to meet its financial obligations.
Who can purchase Athene annuities?
Athene annuities are available to individuals who are looking to save for retirement or income in their later years. These products are typically purchased by individuals who are nearing retirement or are already retired.
What are the benefits of Athene annuities?
Athene annuities offer several benefits, including tax-deferred growth, guaranteed income for life, protection against market volatility, and the ability to customize the annuity to suit individual needs and goals.
Are Athene annuities flexible?
Yes, Athene annuities are designed to offer flexibility to policyholders. They often include features that allow individuals to adjust their income options, access their funds, or even transfer the annuity to a different product within the Athene family.
Can I access my funds if I need them before retirement?
While annuities are primarily designed for retirement savings, Athene annuities may offer flexibility in accessing funds before retirement. However, there may be surrender charges or other fees associated with early withdrawals.
Can I name beneficiaries for my Athene annuity?
Yes, Athene annuities allow you to designate beneficiaries who will receive the remaining funds upon your passing. This helps ensure that your loved ones are taken care of and can inherit your annuity benefits.
Can I transfer my existing annuity to Athene?
In many cases, it’s possible to transfer an existing annuity to Athene. However, it’s important to consider any surrender charges, tax implications, and the terms of your current policy before making any decisions.
What is the claims-paying ability of Athene?
Athene has a strong claims-paying ability, which means it has the financial resources to meet its policyholders’ obligations and provide the promised benefits.
Can I contact Athene for customer service?
Yes, Athene provides customer service support to policyholders. They have dedicated representatives who can assist with inquiries, policy changes, and any other customer needs.
Are there any other companies affiliated with Athene?
Yes, Athene is part of the Athene Group, which includes other insurance companies such as Athene Life Re Ltd. and Athene Life Insurance Company of New York. These affiliated companies work together to provide a comprehensive range of insurance solutions.
In conclusion, Athene Annuity and Life Company is a reputable provider of annuities and retirement savings products. With a range of annuity options, financial stability, and a commitment to customer service, individuals can rely on Athene to help them achieve their financial goals and secure their future retirement income.