Athene Annuity & Life Assurance Company

Are you looking for a reliable and reputable company to help you secure your retirement income?

If so, you might want to consider Athene Annuity & Life Assurance Company, one of the leading providers of annuities and life insurance products in the US.

In this article, we will give you an in-depth review of Athene Annuity & Life Assurance Company, covering everything from their basic information to their customer experiences.

By the end of this article, you will have a clear idea of whether Athene Annuity & Life Assurance Company is the right choice for you.

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Basic Information

Athene Annuity & Life Assurance Company is a subsidiary of Athene Holding Ltd., a Bermuda-based company that specializes in retirement services.

The Company was founded in 2009 and is headquartered in Wilmington, Delaware.

The company operates in all 50 states and the District of Columbia, except for New York, where it has a separate subsidiary called Athene Annuity & Life Assurance Company of New York.

Contact Information Details
Phone Number 888-266-8489
Address 7700 Mills Civic Parkway, West Des Moines, IA 50266
Customer Service Contact Contact Us
Policy Details Our Products
Email Address customerservice@athene.com
Fax Number 866-709-3922
Operating Hours 8:00 a.m. – 5:00 p.m. CT, Monday – Friday

Services & Products

It offers a variety of annuities and life insurance products to suit different needs and preferences.

Annuities are contracts that provide a guaranteed stream of income for a specified period of time or for life, while life insurance provides a lump sum payment to beneficiaries upon the death of the insured person.

Some of the types of annuities and life insurance products that Athene Annuity & Life Assurance Company offers are:

  • Fixed Indexed Annuities (FIAs): These are annuities that offer the potential for higher returns based on the performance of an external index, such as the S&P 500. FIAs also provide protection from market downturns by guaranteeing a minimum interest rate.
  • Registered Index-Linked Annuities (RILAs): These are annuities that offer more exposure to market growth than FIAs, but also more risk. RILAs have a buffer or a cap that limits the amount of loss or gain that the annuity owner can experience.
  • Fixed Annuities: These are annuities that offer a fixed interest rate for a certain period of time, regardless of market conditions. Fixed annuities are ideal for conservative investors who want stability and predictability.
  • Immediate Annuities: These are annuities that start paying income immediately after purchase, usually for life. Immediate annuities are suitable for retirees who need immediate income and want to avoid outliving their savings.
  • Accidental Death Insurance: This is a type of life insurance that pays a benefit if the insured person dies as a result of an accident. Accidental death insurance can be purchased as a standalone policy or as a rider to an existing policy.

Financial Details

It is committed to providing competitive and affordable products to its customers.

The company also strives to maintain its financial strength and stability to ensure its long-term obligations to its policyholders.

Some of the financial details of the are:

  • Premium Costs: The cost of an annuity or life insurance policy depends on various factors, such as age, gender, health status, coverage amount, duration, and type of product. Athene Annuity & Life Assurance Company offers online tools and calculators to help customers estimate their premium costs and potential income.
  • Payment Options: Customers can choose to pay their premiums monthly, quarterly, semiannually, or annually. They can also opt for electronic funds transfer (EFT) or automatic bank draft (ABD) to make their payments more convenient and secure.
  • Discounts and Promotional Offers: Athene Annuity & Life Assurance Company occasionally offers discounts and promotional offers to its customers, such as bonus interest rates, reduced fees, or enhanced benefits. Customers can check with their agents or brokers or visit the company’s website for the latest offers.

Claims

It aims to provide a smooth and hassle-free claim process for its customers and beneficiaries.

The company also offers various options and resources to help customers file and track their claims.

Some of the details of the claim process of Athene Annuity & Life Assurance Company are:

  • Claim Process: Customers or beneficiaries can file a claim online, by phone, by mail, or by fax. They need to provide some basic information, such as the policy number, the insured person’s name and date of death, and the beneficiary’s name and contact details. They also need to submit some required documents, such as a death certificate, a claim form, and a W-9 form.

Coverage Details

It offers a range of coverage options and features to meet different needs and goals.

The company also allows customers to customize their policies and contracts with various add-ons or riders.

Some of the coverage details of Athene Annuity & Life Assurance Company are:

  • Policy Exclusions: Policy exclusions are situations or events that are not covered by an annuity or life insurance policy. Some of the common policy exclusions that the Company has are:
    • Suicide within two years of policy issuance or reinstatement
    • Misstatement of age or gender
    • Fraud or material misrepresentation
    • War or military service
    • Illegal or hazardous activities

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