How Do Rating Agencies Rate Insurance Companies?

How Do Rating Agencies Rate Insurance Companies?

There are four rating agencies that evaluate and rate life insurance companies, which are A.M. Best, Standard & Poor’s, Fitch and Moody. Each of these agencies has their own method of rating an insurance company. There are internal areas of consideration; financial leverage, management stability, etc., and external factors; competition, diversification, etc. As a rule of thumb, only companies who have received a top rating should be considered.

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What Are the Qualities of the Ideal Life Insurance Company

What Are the Qualities of the Ideal Life Insurance Company

It’s a big decision with some long-term repercussions to your financial health – purchasing a life insurance policy. Making the correct life insurance company choice requires proper preparation and careful information gathering. While you might think the process will leave you feeling overwhelmed and nervous, it doesn’t have to be that way. In this article, we’ll cover the qualities of the ideal life insurance company. Unlike other forms of insurance such as auto insurance, life…

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