Annuity Atlas
Reviews

Expert review · 2026

National Western Life review

Annuity Atlas covers 11 National Western Life annuity products with live rates and contract specs. 9 carry full editorial reviews.

Carrier strength

A
A.M. Best
Products11
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Products covered
11
A.M. Best
A
Categories covered
FIA · MYGA
01

11 National Western Life annuities

Click any product for rates, specs, and the full peer-group review.

ProductTypeSurrenderRatingIncome riderBonus
Core Dynamic
Accumulation-focused buyers who want a mid-length surrender period, no income-rider complexity, and built-in medical-stay withdrawal relief, and who are willing to get a fresh rate quote before committing
FIA7yrA——Review →
Impact 10
Buyers who are certain they can leave the money untouched for the full 10 years and want a bonus-boosted, principal-protected accumulation contract with an optional income rider they can add at issue
FIA10yrA—7%Review →
Impact 7
Buyers who genuinely intend to leave the money untouched for a full decade, want uncapped index-linked crediting, and understand that the headline 5% bonus is a stay-the-course reward, not free cash at signing
FIA7yrA—5%Review →
Impact 7S
A buyer in one of the sixteen states where it is sold who wants an A-rated carrier, no market value adjustment, and is prepared to hold three years past the surrender period to vest the bonus
FIA7yrA—5%Review →
NWL IMPACTFIA8yrAYes
1.00% annually (limited to interest) (2.00% max) fee
—Details →
NWL Ultra Future® - State VariationFIA9yrAYes
1.00% annually (limited to interest) (1.00% max) fee
—Details →
Pro Dynamic
Long-horizon savers who want a plain, no-rider fixed indexed annuity and are willing to call the carrier or their agent for a current rate sheet before signing
FIA10yrA——Review →
Protector One
Conservative savers who want a floor-rate guarantee and are comfortable carrying renewal-rate uncertainty for nine of the ten surrender years
MYGA10yrA——Review →
Ultra Classic
Buyers with a genuinely long time horizon who want indexed growth potential, are comfortable with National Western Life's A- rating, and don't need a premium bonus to justify a long commitment
FIA13yrA——Review →
Ultra Future
A younger, patient buyer who wants the largest upfront premium bonus available, will genuinely not touch the money for fifteen years, and values a full-account-value death benefit that carries the bonus intact
FIA15yrA—4.75% / 7.75% / 9%Review →
Ultra Value
Accumulation-focused buyers using long-term money who want principal protection, a small day-one boost to account value, and uncapped participation crediting — and who can leave the money alone for most of nine years
FIA9yrA—2%Review →
02

Income rider fees

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

RiderProductFee
Income Outlook NHNWL IMPACT1.00% annually (limited to interest) (2.00% max)
Income OutlookImpact 101.00% annually (limited to interest) (1.00% max)
Income Outlook Plus 5Impact 101.50% annually (1.50% max)
Income Outlook Plus 5 NHImpact 101.50% annually (2.00% max)
03

Frequently asked questions

Is National Western Life a good annuity company?
We have reviewed 9 National Western Life products, and A.M. Best rates the carrier A for financial strength.
What are the fees for National Western Life annuities?
Fee structures vary by product. Optional income riders on National Western Life products carry disclosed charges — for example Income Outlook NH (NWL IMPACT): 1.00% annually (limited to interest) (2.00% max); Income Outlook (Impact 10): 1.00% annually (limited to interest) (1.00% max); Income Outlook Plus 5 (Impact 10): 1.50% annually (1.50% max). See each product review for the full fee detail.
What is the surrender period for National Western Life annuities?
Surrender periods on National Western Life's current lineup run 7–15 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.

Sources & standards

How we know what's on this page

Rates, terms & availability
Annuity Rate Watch, which aggregates carriers' filed rate sheets. Refreshed every night.
Financial strength
A.M. Best. We publish the carrier's letter rating rather than a score of our own.
Contract detail
The carrier's own brochure — minimum guaranteed surrender value, death benefit, RMD treatment, annuitization options, waiver riders and free-withdrawal terms. Where the brochure and the rate feed disagree, the brochure wins: it is the filed document. Where neither carries a fact, the page omits it. We do not fill gaps with estimates.
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