Jul
30
2007
What’s the best way to choose a term life insurance company?
Author: Byron UdellThere are many things to consider when choosing a term life insurance company. Price is one aspect, however you should also consider the financial strength, performance and integrity of a term life insurance company. 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 & Poor’s
- Moody’s
- Fitch
- Weiss
