Up to 10% penalty-free withdrawals. The Content should not be relied on and is not a substitute for the skill, judgment and experience of the user, its management, employees, advisors and/or clients when making investment and other business decisions. Jackson National Perspective II Lifeguard Freedom Flex, Independent Review of the Athene MaxRate 7 Multi-Year Guarantee Annuity, contact us through our secure online form here, Independent Review of the Athene Amplify 2.0 Annuity, Independent Review of the Athene AI Powered US Equity Index, Independent Review of the Athene Nasdaq FC Index, Independent Review of the Athene Agility 7-Year Fixed Indexed Annuity [Updated December 2020], Independent Review of the Athene Agility 10 Annuity Pros and Cons Explained | Updated April 2020, Independent Review of the Athene Balanced Choice Level 10 Annuity, Guaranteed growth (at least for the first seven years), You want the opportunity to earn an even higher rate of return in order to keep better pace with future inflation, You want to access more than just 10% of the contracts value each year during the surrender period, You do not plan to use the lifetime income feature. Mit Ihrer Anmeldung erklren Sie sich damit einverstanden, Inhalte von uns zu erhalten. Rates are based on current interest rates and are subject to change at any time. This is totally unacceptable and as a result I am going to report Athene to my State Insurance commission. And you'll rest easy knowing your money is there if you need it whatever life sends your way. Wed 22 Apr, 2020 - 3:10 PM ET Fitch Ratings - Chicago - 22 Apr 2020: Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Athene Annuity & Life Assurance Company, Athene Annuity and Life Company, Athene Annuity & Life Assurance Company of New York, and Athene Life Re Ltd. (collectively referred to as Athene) at 'A' (Strong). Customers of Athene Annuity Insurance may be eligible for several discounts, including safe driver, multi-policy, good student, home safety, and bundling discounts. Athene is a . Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional should you have specific questions as they relate to your individual circumstances. Athene Holding Ltd. published this content on 18 May 2021 and is solely responsible for the information contained therein. A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option. This annuity offers 15.00% as an upfront bonus. For complete details on index account options, including current cap and participation rates, please contact AnnuityAdvantage at 1.800.239.0356. At Athene, were always reaching higher so you retire better. This material is a general description intended for general public use. Athene USA Your first name and first initial of your last name will display online. You can also allocate your premium between various strategy and index account options. State variations may exist, refer to product disclosure for details. Fitch Affirms Athene's Ratings; Outlook Revised to Stable When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. For MA: Confinement penalty waiver not available. Copyright 2023 Surperformance. Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore be read in conjunction with such criteria. Reset . Copyright 2021 by Standard & Poor's Financial Services LLC. This time around they said "It actually takes 8-10 business days." By signing up you agree to receive content from us. Venerable's overall projected annual cash flow is estimated to increase by approximately 15%. Athene Ascent Pro 10. You can purchase an annuity from Athene Annuity Insurance by contacting an insurance agent who is licensed to sell annuities in your state. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. Contact Information. All rights reserved. During the time in which the annuity is subject to surrender penalties, there are policy . Browse our extensive annuity reviews database to find which annuity is right for you. Athene Annuity Insurance Review & Ratings (2023) Worst customer service and processing of a surrender of an annuity. She told me "O we are waiting for a verbal approval" I said are you kidding me? All insurance rates, products, and services are presented without warranty and guarantee. Reasons for BBB Rating. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! . If you are not dealing with an agent who can act on your behalf, find one. When evaluating rates, please verify directly with your insurance company or agent. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. No product companies have endorsed the reviews on this site, nor is AnnuityGator.com compensated for reviews. The table below lists Athene Annuity Ratings including Standard & Poor's, Fitch, Weiss, and AM Best. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. On top of the phone customer service reps being very rude and disrespectful while trying to get to a manager that can answer the specific questions. When typing in this field, a list of search results will appear and be automatically updated as you type. (as of 04/22/2022). 7700 Mills Civic Pkwy West Des Moines, IA 50266-3862, 1080 Jordan Creek Pkwy West Des Moines, IA 50266-6004. Athene Annuity Insurance is available in most states, and customers can access their policies and make payments online for added convenience. Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. AnnuityGator. Athene Holding Ltd and Athene Life Re Ltd Enters into Credit Agreement with Syndicate Banks, Athene Holding Ltd. BBB Business Profiles are subject to change at any time. S&P, A.M. Best, Fitch, and Moody's credit ratings reflect their assessment of the relative ability of an insurer to meet its ongoing insurance policy and contract obligations. Venerable owns and manages legacy variable annuity business acquired from other entities. S&P has established policies and procedures to maintain the confidentiality of certain non-public information received in connection with each analytical process. Here we are day 11 we have been advice another 1-3 for processing and it has been escalated. The business is principally comprised of guaranteed minimum income benefit (GMIB) rider annuitizations and annuitized fixed annuity contracts, all previously reinsured with Athene. 1 MarketScreener is worth more than 1000 Influencers! 7700 Mills Civic Parkway After losing the two closest people to me on this earth, I have simply been trying to see to it that the beneficiaries of their accounts get their distributions. WEST CHESTER, Pa., May 30, 2023 /PRNewswire/ -- Venerable Holdings, Inc. (Venerable), today announced an agreement for its wholly-owned . Athene Holding Ltd. completed the acquisition of unknown stake in Aqua Finance, Inc. from funds managed by Blackstone Tactical Opportunities Advisors L.L.C. A 10% IRS penalty may apply to withdrawals prior to age 59 . No one calls and reaches out to let anyone know about the extra days or hold, I had to call in and when i called on March 21 i was told it would be here by March 24 and still no funds. Rating History AM Best has provided ratings & analysis on this company since 1928. Athene is by far the worst company I have ever dealt with. Athene claims the 2023 tax forms were sent out by January 30 however I never received mine and it is now March 2023. All content is for educational purposes only. THIS BY FAR IS THE WORST EXPERIENCE FROM ANY COMPANY I EVER EXPERIENCED. When your full premium deposit is allocated to the fixed interest account, the current first year yield (including bonus if applicable) is 19.72% (see Rate Details below). This annuity offers 20.00% as an upfront bonus. Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below. BBB directs its services to businesses and consumers in North America. We've been on long term assignment overseas. We got "sold" a bill of good in my opinion years ago that I never fully understood. Performance Elite 10 Reviewed | Annuity Resources Thank you. It is our money and we want! In This Guide: Athene Annuity Ratings 2023 Athene is a financially strong company and is rated A by A.M. Best, Fitch, and Standard & Poors. Please select the region that you would like to explore today. On May 18, 2021, S&P Global Ratings raised its financial strength and issuer credit ratings on Athene Holding Ltd.'s operating insurance entities (collectively, Athene) to 'A+' from 'A'. Thank you for taking the time to leave a review! The Content shall not be used for any unlawful or unauthorized purposes. Information presented on this website is not intended as tax or legal advice. The company is rated A by A.M. Best, A+ by Fitch, A+ by Standard & Poors, and A1 with Moody's. Now that I know them, I have called everyday from Friday till today, Wednesday and all I get everyday is "it will take 1-2 business days to get the money" At this point, after close to 30 days, I am completely at a loss what to do because everyday I call they say we have expedited your request and it will take 1-2 business days to get the money. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. In the window that pops up, make sure Location is set to Allow or Ask. Not all annuities are available in all states. I regret ever been associated with Athene. Well guide you through the process. For the BBB EU Privacy Shield independent dispute resolution program, please click here. Allianz Annuity Review - Forbes Advisor Get the forms you need from our online library. S&P may receive compensation for its ratings and certain analyses, normally from issuers or underwriters of securities or from obligors. All transactions are subject to meeting a reinsurers underwriting requirements. Athene Annuity & Life Assurance Company Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. S&P's opinions, analyses and rating acknowledgment decisions (described below) are not recommendations to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security. No content (including ratings, credit-related analyses and data, valuations, model, software or other application or output therefrom) or any part thereof (Content) may be modified, reverse engineered, reproduced or distributed in any form by any means, or stored in a database or retrieval system, without the prior written permission of Standard & Poor's Financial Services LLC or its affiliates (collectively, S&P). Once youve selected the type of insurance you want, you will be taken to a page with more information about that specific type of insurance. Athene's financial ratings are strong. We could also lower the rating if Apollo's asset-management business weakens. It is unlikely that we will raise Athene's rating over the next two years, given its concentration in spread-based businesses. I really hope this company fails!!!!! Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional should you have specific questions as they relate to your individual circumstances. The interest rate you earn will vary depending on the amount of premium you deposit(see Rate Details below). The Athene MaxRate 5 has a full penalty free withdrawal window after 5 years. 1 A.M. Best as of 5/2023 A Outlook: Positive S&P as of 12/2022 A+ Outlook: Stable Fitch as of 5/2023 A+ Outlook: Stable Moody's as of 7/2022 A1 Outlook: Stable Sales Toolkits (as of 04/22/2022). Athene Holding Ltd. Upgraded To 'A-', Outlook Is Positive; Operating Entities Upgraded To 'A+', Outlook Is Stable. Athene is very unprofessional and will lie to about how funds are processed when funds will be disbursed. For NH: Two-year index strategies not available. Enter into A Credit Agreement with A Syndicate of Banks, Athene Holding Ltd. The companys focus on financial stability and strength has helped it earn an A rating from A.M. Best, indicating excellent financial stability and strength. Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR. S&P does not act as a fiduciary or an investment advisor except where registered as such. S&P Parties disclaim any duty whatsoever arising out of the assignment, withdrawal or suspension of an acknowledgment as well as any liability for any damage alleged to have been suffered on account thereof. See product brochure, disclosure and riders for additional details, limitations and availability. 7/1 Arm Mortgage Rates Lender Reviews Quicken Loans Mortgage Review Rocket Mortgage Review Chase Mortgage Review Better.com Mortgage Review Wells Fargo Mortgage Review AmeriSave Mortgage Review More Mortgage Lender Reviews Taxes Calculators Income Tax Calculator Athene Annuity Insurance is a provider of annuities, which are financial products that provide a guaranteed stream of income in retirement. Athene Annuity Review | SmartAsset.com Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, Reverence Capital Partners, and Athene Holding Ltd., Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. The cost of the insurance went up and unknown to us our payment did not cover the cost of the policy and it lapst / cancelled. During the time in which the annuity is subject to surrender penalties, there are policy provisions that allow partial access on a penalty free basis. An annuity works by the owner of the annuity making payments to the insurance company in exchange for a guaranteed stream of income in the future. If you're still having trouble, please consult your browser's help page, or choose a city and state/province from the type ahead dropdown choices. All reviews written by annuity experts, offering honest advice. Athene has diverse geographies and sales channels, but its concentration in spread-based business lines leaves it less diversified than some peers that also sell longevity, mortality, morbidity, and/or fee-based products, and will likely limit its credit profile going forward. THEN, I am told this is not the correct number and given another number to call, but, guess what? While some customers have reported positive experiences with the company, others have expressed frustration with the claims process and customer service. BBB Business Profiles may not be reproduced for sales or promotional purposes. Its products include individual annuities and group annuities. Required fields are marked *. CALL US: (888) 440-2468. . The Athene Performance Elite 15 is a deferred fixed indexed annuity issued by Athene Annuity & Life Company. Athene USA has 2 locations, listed below. Now, I have not had to call the 800 number. Zero is better. Additional information about our ratings fees is available at www.standardandpoors.com/usratingsfees. Information presented on this website is not intended as tax or legal advice. For MD and MO: No Market Value Adjustment (MVA). Customer Reviews are not used in the calculation of BBB Rating. You can selectively provide your consent below to allow such third party embeds. For AK, NV, OK, SC and TX: Max Issue Age is reduced to 50. This is a terrible company not worth existing on this earth. While we think Athene's nontraditional investment portfolio is risker than some peers', its capital buffers can absorb potential volatility. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We have paid well over the original "loan" and Athene will not acknowledge the payments and applies our checks to whatever purpose they choose. Make sure you click Allow or Grant Permission if your browser asks for your location. In the window that pops up, make sure Location is set to Allow or Ask. State variations, age restrictions and holding periods may apply. This is the standard notching we apply for Bermuda-based insurance holding companies, reflecting the structural subordination between the holding company and its operating subsidiaries. 888-266-8489. Copyright 2014-2023|USInsuranceAgents.com|113 Cherry Street, #37960 Seattle, Washington 98104-2205|Privacy Policy|Terms & Conditions|CCPA. This is horrendous treatment and disrespect of the customer. from 8 AM - 9 PM ET. All names, marks, and materials used for the reviews on this site are property of their respective owners, and not those of AnnuityGator.com. When your full premium deposit is allocated to the fixed interest account, the current first year yield (including bonus if applicable) is 19.43% (see Rate Details below). Not all reinsurance products or structures offered are available in all jurisdictions. How can I purchase an annuity from Athene Annuity Insurance? BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Enter the 6 digit code sent to the phone number ending in undefined. Opening Thoughts on the Athene MYG 5 Fixed Annuity Athene USA is a relatively new name for an acquisition of a long-established life insurance carriers that have a century-old track record in the industry. Cision Distribution 888-776-0942 Not available in: CA, CT, ID, MN, MT, NJ, NY, OH, OR, PA, UT and WA Athene Annuity & Life Company - View Details. At the end of 8 business days I didn't see the money so I called again. Athene Annuity Insurance offers a range of insurance products and services, including: The cost of coverage from Athene Annuity Insurance will depend on various factors such as the type of coverage, the location of the insured, and the policyholders driving record or credit score. On . Insurance products may not be available in all states. INVESTMENT AND INSURANCE PRODUCTS ARE: Is Athene Annuity And Life Company A Good Annuity Company? You can also call Athene Annuity Insurance directly at their toll-free number, which is listed on their website, and speak to a customer service representative who can provide you with more information about the companys coverage area. She became a licensed agent and wrote P&C business focusing on personal lines insurance for 10 years. Customer Reviews are not used in the calculation of BBB Rating.
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