(888) 78dd8-1052

Speak with a Licensed Adviser

What If My Life Insurance Company Goes Out of Business

Post image for What If My Life Insurance Company Goes Out of Business?

My Life Insurance Company Goes Out of Business? A common and legitimate question a consumer may ask when shopping for life insurance is, “What if the company goes out of business or is unable to pay a claim?” The good news for consumers is that the life insurance industry is heavily regulated and monitored. Thus, large scale life insurance companies’ insolvencies have become rare.  Also, if you chose a highly rated insurer by an independent rating agency such as AM Best or Standard & Poor’s, then the odds of misfortune go down even further.  As a measure of security, each […]