Understanding Insurance Ratings, and Insurance Rating Companies
Your life insurance is only as good as the company that issues it. So when you buy 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: