Ibexis Annuity Review (2026)

Where Ibexis fits in the MYGA market

Ibexis Life & Annuity Insurance Company is a comparatively young carrier headquartered in Scottsdale, Arizona, and regulated by the Arizona Department of Insurance. It built its reputation quickly on a single idea: a straightforward, rate-competitive MYGA, sold through independent agents rather than any direct-to-consumer channel. Its AM Best A- (Excellent) rating places it in the tier most conservative buyers treat as a minimum bar, and its clean, single-product focus keeps the balance sheet simple, mostly fixed annuity reserves with predictable, contract-driven cash flows.

How financially strong is Ibexis?

AM Best rates Ibexis A- (Excellent), the only major agency currently rating the company. That single rating still meets the threshold many advisors and regulators treat as the floor for a conservative annuity purchase, but it means there is no second agency's view to weigh it against, something a buyer comparing multi-agency carriers like Guardian or Jackson would have. As always, confirm the current rating on AM Best's own site before funding a contract. State guaranty associations add a backstop up to state-set limits on top of the carrier's own strength.

What does Ibexis actually sell?

The MYGA Plus series is essentially the entire Ibexis product shelf. It is a single-premium annuity that locks a fixed rate for a chosen term, most commonly offered in 3, 5 and 7-year versions, with no income rider or other add-on complicating the contract. Ibexis credits MYGA Plus interest on a simple basis, meaning it is figured on your original deposit each year rather than compounding on interest already earned, so always compare total dollars at the end of the term rather than just the headline rate. You get full access to your funds once the contract matures. Rates differ by deposit size, with larger premiums, generally $100,000 and up, typically earning a higher rate band than smaller deposits, and California has its own separate version of each term. Because MYGA rates move often, check the live rate box on this page rather than relying on a fixed number here.

Ibexis has kept pace with other well-known rate leaders in the A-rated MYGA segment, including Oceanview, Symetra and F&G, so buyers focused purely on yield within that tier should always run it through a side-by-side comparison.

Who should consider Ibexis?

Ibexis fits buyers who want a strong guaranteed rate without giving up A-rated financial strength, essentially a CD alternative with a better yield and tax-deferred growth built in. It also suits anyone comfortable working with a newer, more specialized carrier rather than a decades-old household name, since the tradeoff for that competitive rate is a shorter public track record. It will not fit a buyer who wants an income rider, an index-linked product, or a single carrier that can grow with them into other annuity types later, since Ibexis currently offers none of those.

How to buy an Ibexis annuity

Ibexis sells only through licensed, independent insurance agents, never directly to consumers. A licensed strategist can walk you through the current MYGA Plus terms and rates for your state, compare them against other A-rated MYGA carriers such as Oceanview and F&G, and handle the paperwork, including any 1035 exchange or IRA rollover, once you pick a term.

Other annuity companies to consider

If you are comparing Ibexis on rate within the A-rated tier, these carriers are worth pricing too:

• Oceanview: another rate-focused MYGA specialist frequently trading the top spot with Ibexis
• Symetra: a longer-established carrier competing in the same MYGA rate tier
• F&G: broad MYGA and index annuity lineup, also a frequent rate leader
• Knighthead: another newer, simple-interest MYGA carrier worth comparing on total dollars earned