F&G Annuities & Life, Inc. is a provider of insurance solutions, serving retail annuity and life customers and institutional clients. It issues a portfolio of annuity and life insurance products, such as deferred annuities, fixed indexed and fixed rate annuities, immediate annuities, and indexed universal life (IUL) insurance, through its retail distribution channels. It also provides funding agreements and pension risk transfer (PRT) solutions through its institutional channels. Its fixed indexed annuities (FIA) allow contract owners the possibility of earning returns linked to the performance of a specified market index, predominantly the S&P 500 Index, while providing principal protection. All FIA products allow policyholders to allocate funds once a year among several different crediting strategies, including one or more index-based strategies and a traditional fixed rate strategy. It distributes its annuity and life insurance products through independent agents and broker dealers.