Tuesday, July 8, 2014

What Are The Top Rated Term Life Insurance Companies?

Are you looking for the top term life insurance company for your term life coverage?

If so, there are hundreds of term life insurance companies in the U.S.A. that offer term life plans for 10, 15, 20 or 30 years of coverage.

Among the most popular term life carriers are names you may already know, including Prudential, Met Life, State Farm, and New York Life.

But which are the top term life companies? Well, there is a list issued each year by the III.org (Insurance Information Institute) which shows the top term life insurance companies based on the total number of individual term life insurance policies issued for the previous year.

However, there are several ways to rate a life insurance company, for instance you may want to look at their financial stability based on the financial strength rating of the insurer as issued by AM Best Company, an independent rating agency.

Also, you can look at the insurer's total assets or customer satisfaction.

However you compare term life companies make sure to request and compare multiple term life insurance rate quotes from a network of insurers to help you find the most affordable carrier. Online life insurance quotes will not only show you the lowest term life rates, but also the financial strength ratings of the insurers quoted.

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