Gainbridge Life Insurance Company - Overview and Rating

Overview:

Name:
Gainbridge Life Insurance Company
Rating:
A-
Founded:
2018
Available States:
AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Overview:
Gainbridge Life Insurance Company ("Gainbridge") is a Delaware-domiciled insurance company with its principal office in Zionsville, Indiana. Founded in 2018, Gainbridge is an insurtech subsidiary of Group 1001 that empowers consumers to take control of their financial future with solutions that are accessible to everyone, no matter their budget or financial knowledge. Its platform provides access to financial products that are simple, intuitive, and backed by smart technology with no complexity or hidden fees. Group 1001 has more than 1,400 employees and combined assets under management of over $65 billion, serving more than 950,000 customers. It comprises the following brands: Delaware Life, Gainbridge, Clear Spring Health, Clear Spring Property and Casualty Group, Clear Spring Life and Annuity Company, and RVI Group, among others.
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Fixed Annuity Products & Current Rates as of Nov 21, 2024

ProductTermWithdrawalMinimum premiumRate
SteadyPace
6 Yes $1,000 5.50%
SteadyPace
5 Yes $1,000 5.50%
SteadyPace
8 Yes $1,000 5.50%
SteadyPace
7 Yes $1,000 5.50%
SteadyPace
9 Yes $1,000 5.50%
SteadyPace
10 Yes $1,000 5.50%
SteadyPace
4 Yes $1,000 5.45%
SteadyPace
3 Yes $1,000 5.40%

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