Guaranty Income Life review

Annuity Atlas has published 12 editorial reviews of Guaranty Income Life products. Average peer-group rating 3.9 / 5, top-rated product earns 4.0 / 5. Browse the full lineup below.

Our rating

3.9

Avg ★ / 5

Products reviewed12

A.M. BestA-

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Reviews published

Average rating

★ 3.9 / 5

A.M. Best

A-

Categories covered

MYGA · FIA

12 Guaranty Income Life annuities reviewed

Sorted by star rating. Click any product for the full peer-group review.

Product	Type	Surrender	Rating	Income rider	Bonus
Rate Lock 4-Year Savers who want a short, guaranteed-rate commitment with no annual fees and a clean four-year lockup	MYGA	4yr	A-	—	—	Review →
Rate Lock 5-Year Savers who want a clean five-year locked rate with a low minimum, RMD flexibility, and no rider complexity	MYGA	5yr	A-	—	—	Review →
Rate Lock 6-Year Savers who want a clean locked rate for six years without index complexity or rider fees, particularly those with larger premium amounts who qualify for the tiered rate improvement	MYGA	6yr	A-	—	—	Review →
Rate Lock 8-Year Conservative buyers who want a locked eight-year rate with no market exposure, no rider complexity, and a standard free-withdrawal provision	MYGA	8yr	A-	—	—	Review →
Rate Lock 7-Year Conservative savers who want a locked guaranteed rate for seven years with no fees or rider complexity, and can commit to the full term	MYGA	7yr	A-	—	—	Review →
WealthChoice 10-Year Buyers who want a long-horizon accumulation FIA with no upfront bonus and the option to add lifetime income later without paying for it unless they need it	FIA	10yr	★ 3.9	—	—	Review →
WealthChoice 5-Year Buyers who want a short-commitment FIA with a clean fee structure, a competitive fixed account option, and locked participation rates on specialty indices for the full 5-year term	FIA	5yr	★ 3.9	—	—	Review →
WealthChoice 7-Year Retirement savers who want principal protection and a range of index crediting choices, with the flexibility to add a lifetime income layer if needed later	FIA	7yr	★ 3.9	—	—	Review →
Rate Lock 3-Year Savers who want a short, locked-rate commitment with no index complexity and a clean exit in three years	MYGA	3yr	A-	—	—	Review →
Rate Lock 9-Year Retirement savers who want a locked guaranteed rate for nine years and have no near-term need for the principal	MYGA	9yr	A-	—	—	Review →
Rate Lock 10-Year Buyers who want a fully locked rate for a decade, full death benefit protection, and RMD-friendly terms without any income rider complexity	MYGA	10yr	A-	—	—	Review →
WealthChoice Bonus 10-Year Buyers who want a 10% upfront account-value credit, are comfortable with a 10-year commitment, and do not need an income rider built into the contract	FIA	10yr	★ 3.7	—	10%	Review →

Income rider fees

Disclosed charges for optional riders on Guaranty Income Life products, live from Annuity Rate Watch. Product-level detail is on each review.

Rider	Product	Fee
WealthChoice GLBR: Increasing Income	WealthChoice 10-Year	0.95% annually
WealthChoice GLBR: Level Income	WealthChoice 10-Year	0.95% annually

Frequently asked questions

Is Guaranty Income Life a good annuity company?

Guaranty Income Life earns an average rating of 3.9/5 across the 12 products we've reviewed, and A.M. Best rates the carrier A- for financial strength.

What are the fees for Guaranty Income Life annuities?

Fee structures vary by product. Optional income riders on Guaranty Income Life products carry disclosed charges — for example WealthChoice GLBR: Increasing Income (WealthChoice 10-Year): 0.95% annually ; WealthChoice GLBR: Level Income (WealthChoice 10-Year): 0.95% annually . See each product review for the full fee detail.

What is the surrender period for Guaranty Income Life annuities?

Surrender periods on Guaranty Income Life's current lineup run 3–10 years, depending on the product. Most products allow an annual free-withdrawal amount before charges apply — the product table above shows each product's surrender length, and each review covers the exact schedule.

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