Clear Spring Life

Clear Spring Life and Annuity Company is a U.S.-based insurer that focuses on annuity products for retirement planning. Founded in 1985 and headquartered in Zionsville, Indiana, the company is a subsidiary of Group 1001, a financial services group. Clear Spring Life offers a range of annuities, including Fixed Indexed Annuities (FIAs), which provide potential growth linked to market indices with downside protection; Multi-Year Guaranteed Annuities (MYGAs), which offer fixed interest rates for terms between 3 and 10 years, delivering predictable returns; and Single Premium Immediate Annuities (SPIAs), designed to provide immediate, guaranteed income for retirees. These products are distributed through independent marketing organizations, reflecting the company’s goal of making annuity-based retirement solutions accessible and easy to understand