NASSAU SALES NEWSRecent News
AM Best Upgrades Nassau’s Issuer Credit Ratings
After another great year in 2024, AM Best upgraded Nassau’s Long-Term Issuer Credit Ratings (ICR) to bbb+ (from bbb). Our B++ Financial Strength Rating (FSR) and stable outlook were affirmed. This upgrade is the latest good news as we continue building Nassau. It is Nassau’s fourth positive action from AM Best since 2019 and follows
2025 Guaranteed Minimum Interest Rate and Total Guaranteed Value Updates
Effective January 1, 2025, Nassau will be updating Guaranteed Minimum Interest Rates (GMIR), Guaranteed Minimum Fixed Account Interest Rates (GMFAIR), and Total Guaranteed Value (TGV) Interest Rates for select annuities and states. Please note: rates and product availability may vary by state. For more details, visit the rates page of each product on Salesnet. These
2025 Dividend Scale
We are changing the policy dividend scale for all “closed block” participating policies purchased before the June 2001 demutualization of Phoenix Life Insurance Company (now Nassau Life Insurance Company), effective January 1, 2025. Our decision reflects consideration of several factors, including historical performance and future expectations. The 2025 scale will incorporate a dividend interest rate