Clear Spring Life and Annuity

Company Overview & Rating

Buy Your Annuity

Insurer Details

AttributeDetails
Legal NameClear Spring Life and Annuity
Short NameClear Spring
Founded1985
States Licensed to SellAL, 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, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
AM Best Rating (Financial Strength)A-
AM Best Rating Date2/2022

Quick Summary

Clear Spring Life and Annuity Company was founded in Zionsville, IN in 1985. Clear Spring empowers individuals with tailored financial solutions. Backed by the strength of Group 1001 and as a subsidiary of CSLIC Holdings, LLC, Clear Spring specializes in accessible annuities like fixed annuities and fixed indexed annuities, as well as single premium immediate annuities, helping everyday people confidently build their financial future.

Fixed Annuity Products & Current Rates as of May 14, 2025

Premium BandTermWithdrawalRate
$10,000 - $100,000 3 Yes 4.70%
4 4.90%
5 5.15%
6
7 5.10%
8
9
10 5.05%
$100,000+ 3 5.00%
4 5.20%
5 5.45%
6
7 5.40%
8
9
10 5.35%

Ready to buy and apply for an annuity? Have questions? Click “Contact Us.”

Contact Us

Want to shop in our marketplace and research specific products?

Click “Find Your Annuity” to go to our marketplace with various filters like state, amount, term length, preference for free withdrawals, and insurer rating. Remember an annuity must be available in your home state for you to buy it.

Find Your Annuity