(888) 78dd8-1052

Speak with a Licensed Adviser

Life Insurance Rating Categories

by Scott G on December 4, 2012

Post image for Life Insurance Rating Categories

Life Insurance Rating Categories

While price is one of the most important factors when choosing your company, make sure you look at the financial ratings as well.  The financial-strength ratings measure the insurance companies’ ability to pay out claims.  You want to go with a company that will be able to pay out the claim promised in the policy.

You can see the A.M. Best rating for the companies using this quote engine.  A.M. Best is the leading rating service.

Here are the top 15 rating categories for the leading rating services.

  A.M. Best Fitch Moody’s Standard & Poor’s
1 A++ = Superior AAA = Exceptionally Strong Aaa = Exceptional AAA = Extremely Strong
2 A+ = Superior AA+ = Very Strong Aa1 = Excellent AA+ = Very Strong
3 A = Excellent AA = Very Strong Aa2 = Excellent AA = Very Strong
4 A- = Excellent AA- = Very Strong Aa3 = Excellent AA- = Very Strong
5 B++ = Good A+ = Strong A1 = Good A+ = Strong
6 B+ = Good A = Strong A2 = Good A = Strong
7 B = Fair A- = Strong A3 = Good A- = Strong
8 B- = Fair BBB+ = Adequate Baa1 = Adequate BBB+ = Good
9 C++ = Marginal BBB = Adequate Baa2 = Adequate BBB = Good
10 C+ = Marginal BBB- = Adequate Baa3 = Adequate BBB- = Good
11 C = Weak BB+ = Fairly Weak Ba1 = Questionable BB+ = Marginal
12 C- = Weak BB = Fairly Weak Ba2 = Questionable BB = Marginal
13 D = Poor BB- = Fairly Weak Ba3 = Questionable BB- = Marginal
14 E = Regulatory Supervision B+ = Significantly Weak B1 = Poor B+ = Weak
15 F = In Liquidation B = Significantly Weak B2 = Poor B = Weak

 

 Get an instant quote and see the A.M. Best rating for each company. Click here

 

 

 

 

Comments on this entry are closed.

Previous post:

Next post: