Wednesday, July 19, 2017

Best Life Insurance Company Ratings?


What are company ratings for life insurers?

Life insurance ratings are referred to as "financial strength ratings" which are an indication of the insurer's ability to pay their claims and meet their financial obligations.

There are several independent rating agencies that review the financial statements of insurers and issue financial ratings.

Some of the leading rating agencies are A.M. Best Company, Moody's and Standard & Poor's, among others.

The higher an insurer's rating, the more secure the insurance carrier. The highest rating offered by AM Best is "A++" Superior.

Learn more about the best life insurance companies ratings.

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