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Fidelity & Guaranty Life

Fidelity & Guaranty Life review: F&G doesn't reserve even 1 star - Please Please DO NOT fall for it

T
Author of the review
7:20 pm EST
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This review was chosen algorithmically as the most valued customer feedback.

I want to share my experience with you all.
started out with more than $324K, for 3 years I get a bit over $2K for interest. (you do the math)
I decided to transfer to my other 401K plan, they deduct surrender charge $20K + 10K for Market value adjustment + $4K when I enrolled in this F & Guaranty life. total lost approximately $34K.
Please DO NOT fall for the presentations from an agent.
I just wonder how they sleep at night.
there are thousands of thousands reviews with 1 star, I wish I could have read it before I get snookered.

Recommendation: I lost $34,000 with surrender charge, Market value adjustment.

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  1. Fidelity & Guaranty Life Contacts

  2. Fidelity & Guaranty Life phone numbers
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    801 Grand Ave STE 2600, Des Moines, Iowa, 50309-8092, United States
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    Jan 13, 2026
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Fidelity & Guaranty Life Category
Fidelity & Guaranty Life is ranked 100 among 401 companies in the Insurance Services category