Understanding Term and Life Insurance Ratings, and Term and Life Insurance Rating Companies
Your life insurance or term life insurance is only as good as the company that issues it. So when you buy life or term life insurance, it's wise to
make certain that the issuing company is financially sound. The A.M. Best Company, Standard & Poor's, and Moody's Investors Services are well-regarded rating companies that provide objective measures of
insurance companies' creditworthiness. Here is a sample of their ratings and what they mean.
- A.M. Best Company
- Standard & Poor's
- Moody's Investors Services
The A.M. Best Company: A.M. Best is perhaps the best known of all
the insurance rating companies. It publishes over 50 different information products about insurance companies and the insurance industry. Here is an overview of what the A.M. Best rating system means.
The following ratings are considered "secure" ratings by A. M. BEST: