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A.M. Best Term Life Insurance Company Ratings

Choosing a life insurance plan is a long-term commitment and an essential part of planning for your family’s future, that’s why it’s essential to choose a high quality plan from a top rated insurance company. As a leading online life insurance marketplace, IntelliQuote aims to provides quotes from only the highest rated insurers in the industry. We only provide quotes from reliable and quality insurers to ensure that each person who uses our service can find the best policy for their needs.

A. M. Best Life Insurance Rating

A. M. Best is the leading rating service for the life insurance industry and provides consumers with ratings information on businesses offering life insurance and annuities in the United States. These ratings give a clear indication on the financial health of the insurer so consumers can decide whether they are a smart choice for their life insurance needs.

A. M. Best assigns values A++ through S to term life insurance companies. A. M. Best's Rating represents an opinion based on a comprehensive quantitative and qualitative evaluation of a company's financial strength, operating performance and market profile.

Select any of the following ratings for a detailed explanation:

A. M. Best's Secure Ratings A. M. Best's Vulnerable Ratings
A++, A+ Superior B, B- Fair
A, A- Excellent C++, C+ Marginal
B++, B+ Very Good C, C- Weak
  D Poor
  E Under Regulatory
Supervision
  F In Liquidation
  S Rating Suspended

Rating Modifiers and Affiliation Codes

Rating Modifiers are assigned to A. M. Best's Ratings and Financial Performance Ratings to identify companies whose rating opinions are Under Review (u) and may be subject to near-term change; or Qualified (q) which may be assigned to HMOs based on quantitative analysis. Affiliation Codes are based on a Group (g), Pooling (p) or Reinsurance (r) affiliation with other insurers.

Rating Modifiers Affiliation Codes
u - Under Review g - Group
q - Qualified p - Pooled
  r - Reinsured

Definitions of A. M. Best Insurance Ratings

A++ and A+ (Superior)
Assigned to companies which have, on balance, superior financial strength, operating performance and market profile when compared to the standards established by the A. M. Best Company. These companies have a very strong ability to meet their ongoing obligations to policyholders.
A and A-
Assigned to companies which have, on balance, excellent financial strength, operating performance and market profile when compared to the standards established by the A. M. Best Company. These companies have a strong ability to meet their ongoing obligations to policyholders.
B++ and B+ (Very Good)
Assigned to companies which have, on balance, very good financial strength, operating performance and market profile when compared to the standards established by the A. M. Best Company. These companies have a good ability to meet their ongoing obligations to policyholders.
B and B- (Fair)
Assigned to companies which have, on balance, fair financial strength, operating performance and market profile when compared to the standards established by the A. M. Best Company. These companies have an ability to meet their current obligations to policyholders, but their financial strength is vulnerable to adverse changes in underwriting and economic conditions.
C++ and C+ (Marginal)
Assigned to companies which have, on balance, marginal financial strength, operating performance and market profile when compared to the standards established by the A. M. Best Company. These companies have an ability to meet their current obligations to policyholders, but their financial strength is vulnerable to adverse changes in underwriting and economic conditions.
C and C- (Weak)
Assigned to companies which have, on balance, weak financial strength, operating performance and market profile when compared to the standards established by the A. M. Best Company. These companies have an ability to meet their current obligations to policyholders, but their financial strength is very vulnerable to adverse changes in underwriting and economic conditions.
D (Poor)
Assigned to companies which have, on balance, poor financial strength, operating performance and market profile when compared to the standards established by the A. M. Best Company. These companies may not have an ability to meet their current obligations to policyholders and their financial strength is extremely vulnerable to adverse changes in underwriting and economic conditions.
E (Under Regulatory Supervision)
Assigned to companies which have been placed by an insurance regulatory authority under a significant form of supervision, control or restraint, such as conservatorship or rehabilitation, but does not include liquidation.
F (In Liquidation)
Assigned to companies which have been placed under an order of liquidation by a court of law or whose owners have voluntarily agreed to liquidate the company.
S (Rating Suspended)
Assigned to rated companies that have experienced sudden and significant events affecting their financial position or operating performance those rating implications cannot be evaluated due to a lack of timely or adequate information.
 

Why are A.M. Best Insurance Ratings Important?

Put simply, it’s a good way to identify the best life insurance companies. Life insurance can last for many years, especially if you choose to take out coverage when you are young. The financial health of your insurer is important for the long-term security of your life insurance policy. The worst-case scenario is that your insurer files for bankruptcy while your policy is still active, this can have a devastating effect on both your policy and your financial planning. Although choosing a company that is in a strong financial situation now doesn’t guarantee that they will be in the same position 20 years from now. However, it does provide a good indication of their ability to operate successfully long-term.

A.M. Ratings also allow you to directly compare insurers based on an independent opinion of their operating strength. Having all life insurers companies rated on the same scale lets you make a clear comparison between insurers so you can narrow down your options and choose a strong business to include in the planning of your family’s future.

Using A.M. Best Insurance Ratings To find The Right Plan

IntelliQuote understands that you’re an individual with unique coverage needs, that’s why we’ve developed an online quote service that provides you with personalized quotes from multiple insurers. In fact, we believe that when searching for life insurance, comparing many quotes is one of the most important things you can do. Our quotes provide information on the policy terms, coverage costs, and the insurance company so you can compare not just the prices but the rating of the insurer. We recommend choosing coverage from a highly rated insurer to ensure that you get coverage for as long as you need it.

Unsure Of Your Coverage Needs? Talk To An Expert

We understand that life insurance can seem complicated. Even with all the tools we provide the assistance an experienced licensed life insurance agent can provide may still be needed as you determine the proper coverage for you. Our team of agents are here to help guide you through your options and offer advice on choosing the best coverage for your needs. Take the first step to finding life insurance today by calling our team or using our online quote form to learn more!