What financial criteria are used in selecting a safe term life insurance company?
There are a number of ways in which to evaluate the financial strength, performance, and integrity of a term life insurance company. At AccuQuote, we maintain a database of financial information on hundreds of companies that sell affordable term life insurance. We only monitor the term life insurance rates from insurance companies with a proven track record of financial strength, integrity, performance, and claims-paying ability. And, before providing you with a term life insurance quote, we require that the life insurance company have a rating of A, A+, or A++ by A. M. Best, the country’s most recognized insurance company rating organization. Third Party Services Measure Claims Paying Abilities Other third party services, which measure life insurance companies’ financial strength, claims paying ability, and other financial categories include: • Standard and Poor’s • Moody’s • Fitch • Weiss All of these services assign “letter grades” to the various term life insurance companies. These
There are a number of ways in which to evaluate the financial strength, performance, and integrity of a term life insurance company. At AccuQuote, we maintain a database of financial information on hundreds of companies that sell affordable term life insurance. We only monitor the term life insurance rates from insurance companies with a proven track record of financial strength, integrity, performance, and claims-paying ability. And, before providing you with a term life insurance quote, we require that the life insurance company have a rating of A-, A, A+, or A++ by A. M. Best, the country’s most recognized insurance company rating organization. Third Party Services Measure Claims Paying Abilities Other third party services, which measure life insurance companies’ financial strength, claims paying ability, and other financial categories include: • Standard and Poor’s • Moody’s • Fitch • Weiss All of these services assign “letter grades” to the various term life insurance companies. T
