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Why are A.M. Best Ratings important?

April 26, 2017a.m best ratings

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Why are A.M. Best Ratings important?

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When it comes time to paying death benefits, it will be important that the insurance company you have chosen is financially stable and able to meet its obligations. There are several industry associations that rate the financial strength of insurance companies. The A.M. Best rating is one of the more widely accepted measurements of an insurance company’s financial strength. By clicking the “Details” link for a particular plan, you will be able to see not only the A.M. Best rating, but also other measurements of the insurance company’s financial strength.