There are hundreds of life insurance companies in the United States (down from thousands of companies in the late 80's). They are ranked by agency ratings, revenue, number of employees, customer satisfaction, and other ways.
As brokers, we all have some that we like better than others. But that is our opinion, and our choices may not be based on your criteria.
You can look at ratings from AM Best, S&P, and other agencies to see which are rated highest. Then read about other details that may mean a lot to you. When it comes down to applying, you will want to go with one that has the best price for you, while still being a good company.
Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
The best life insurance companies are the ones admitted to do business in your state. That is a good reason to avoid doing “mail-order” life business. Your state insurance commissioner works hard to make sure that you are protected and that the companies that have been admitted in your state will keep their promises. Many states provide contingency plans to make sure that you are protected.
.JPG){kind=avatar}
As brokers, we all have some that we like better than others. But that is our opinion, and our choices may not be based on your criteria.
You can look at ratings from AM Best, S&P, and other agencies to see which are rated highest. Then read about other details that may mean a lot to you. When it comes down to applying, you will want to go with one that has the best price for you, while still being a good company.