Life Insurance Company Ratings

Posted by on Aug 6, 2009 in Learning Center | 0 comments

When running a quote, the financial strength rating will be presented next to the premium amount. Understanding financial strength ratings of the company is a critical component to the decision making process for the policy that you eventually select.

LifeQuoteNow strongly recommends that when you are looking for a life insurance company that the financial stability and credit rating be taken into consideration when it comes time to select a policy.

While researching a life insurance company rating, we can assist you in determining which direction to move when other factors such as price seems too close to make a call.

In addition to a price that fits your budget, we suggest taking a close look at what a credit rating means and feel comfortable with the companies ability to pay future claims.

Rank A.M.Best Standard & Poor’s Moody’s
1 A++
Secure / Superior
AAA
Extremely Strong
Aaa
Exceptional
2 A+
Secure / Superior
AA+
Very Strong
Aa1, Aa2, Aa3
Excellent
3 A
Secure / Excellent
AA
Very Strong
A1, A2, A3
Good
4 A-
Secure / Excellent
AA-
Very Strong
Baa1, Baa2, Baa3
Adequate
5 B++
Secure / Very Good
A+
Strong
Ba1, Ba2, Ba3
Questionable
6 B+
Secure / Good
A
Strong
B1, B2, B3
Poor
7 B
Vulnerable / Fair
A-
Strong
Caa
Very Poor
8 B-
Vulnerable / Fair
BBB+
Good
Ca
Extremely Poor
9 C++
Vulnerable / Marginal
BBB
Good
C
Lowest
10 C+
Marginal/Vulnerable
BBB-
Marginal
NR
Not Rated

The following credit rating companies offer independent information and reports:

For more information or a customized quote, contact a life specialist at 1.800.396.5993 or email us at customercare@lifequotenow.com

Did you like this? Share it:

Leave a Reply

Your email address will not be published. Required fields are marked *