Jackson National Life

Jackson National Life acquired Life Insurance Company of Georgia in 2005 and America Life Insurance Company in 2012, which increased its overall policy count to over 1 million. Jackson National offers annuities to supplement retirement and increase income as a key component of financial planning. The Better Business Bureau has dropped the Jackson National Life Insurance rating from an A+ down to a C+ due to a few poorly handled complaints.

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Written by Jeffrey Johnson
Insurance Lawyer Jeffrey Johnson

UPDATED: Dec 29, 2020

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Company Details
Address: 1 Corporate Way
City: Lansing
State: MI
ZIP Code: 48951
Phone Number: 517-381-5500
AM Best Rating: A+
URL where was collected the AM Best Rating: http://www3.ambest.com/
Lines of Insurance: life
States Licensed To Sell Insurance In: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Type of Insurance Company: Mutual
Parent Company: Indirect subsidiary of Prudential plc
Top executive Contact: Michael A. Wells
Title of Top executive: President/CEO
Assets & Premiums:

Mid-June, 2014: Assets: $206.8 billion

Insurance subsidiaries:
  1. Jackson National Life Insurance Co. of New York
  2. Brooke Life Insurance Company
Company Rating 1.35 (60 reviews)

Company Overview:

Company History: Jackson National Life was founded in 1961. By 1975 the company had introduced its first flexible premium annuity and by 1998 the company had begun to distribute its products to all 50 states.

In 2005 Jackson acquired Life Insurance Company of Georgia which doubled its policy count and in 2012 the company acquired Reassure America Life Insurance Company which increased its policy count by over 1 million.

In 2013 Jackson was the #1 seller of annuities nationwide and the 8th largest life insurance company nationwide (ranked by total statutory assets).

Principle Sales Methods: Independent agents and brokers.

Life Annuity Business: Jackson National sells a variety of annuity choices. The company offers variable annuities, fixed index annuities, and fixed annuities. The company also offers retirement planning.

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