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HTML Why are Life Insurance company ratings important? Why are Life Insurance company ratings important? Author: No Last NameLife insurance companies are given for financial strength ratings as are most financial institutions and many financial instruments such as bonds. What do these ratings measure? A life insurance company's relative ability to meet their financial obligations. What should you use these ratings for? When comparing insurance companies probably financial strength should be the first thing to look at. Typically insurance company ratings use a letter grade. Each rating service is a little bit different. Moody's ratings start at Aaa, then go to Aa1, Aa2, Aa3 and then to A1, A2 etc. Standard and Poor's ratings are AAA, then AA+, AA, AA- then A+ etc. That last one can sometimes be misleading. Years ago an insurance company came out with a big ad that said A+! but when you read the fine print it was an A+ from Standard and Poor's and in actuality is the 5th rating from the top. A.M. Best rates insurance companies starting with A++ to A+ and then letter grades like school grades from then on (A, A-, B+, B etc.) There are also Weiss Ratings which are also letter grades and Fitch ratings which are similar to the Standard and Poor's set up. For more information on life insurance companies, ratings and life insurance quotes, it's best to contact a trusted life insurance agent. --- Author, Richard Reich, writes articles on life insurance, whole life insurance, and term life insurance for Life Insure.com, Life Insurance Direct, provider of life insurance quotes and information. For more information, visit www.LifeInsure.com. Article Source: http://www.articlealley.com/http://nolastname.articlealley.com/why-are-life-insurance-company-ratings-important-100563.html Text Why are Life Insurance company ratings important? Author: No Last Name Life insurance companies are given for financial strength ratings as are most financial institutions and many financial instruments such as bonds. What do these ratings measure? A life insurance company's relative ability to meet their financial obligations. What should you use these ratings for? When comparing insurance companies probably financial strength should be the first thing to look at. Typically insurance company ratings use a letter grade. Each rating service is a little bit different. Moody's ratings start at Aaa, then go to Aa1, Aa2, Aa3 and then to A1, A2 etc. Standard and Poor's ratings are AAA, then AA+, AA, AA- then A+ etc. That last one can sometimes be misleading. Years ago an insurance company came out with a big ad that said A+! but when you read the fine print it was an A+ from Standard and Poor's and in actuality is the 5th rating from the top. A.M. Best rates insurance companies starting with A++ to A+ and then letter grades like school grades from then on (A, A-, B+, B etc.) There are also Weiss Ratings which are also letter grades and Fitch ratings which are similar to the Standard and Poor's set up. For more information on life insurance companies, ratings and life insurance quotes, it's best to contact a trusted life insurance agent. --- Author, Richard Reich, writes articles on life insurance, whole life insurance, and term life insurance for Life Insure.com, Life Insurance Direct, provider of life insurance quotes and information. For more information, visit www.LifeInsure.com. Article Source: http://www.articlealley.com/http://nolastname.articlealley.com/why-are-life-insurance-company-ratings-important-100563.html About the Author: Article Title: Article Keywords: return to article Author by No Last Name ads similar articles When evaluating companies, it helps to think of what categories they fall into.Here's are some key groups. "Cyclical" companies are defined by how their business reacts to economic change. People spend money more conservatively in recessions. They put off major purchases, like cars and refrigerators. Thus, manufacturers of l......Swing Trading ExposedFirstly, we need to address the important question of what is Swing Trading . 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When we enter a trade we will either be right, or wrong, and even if we broke-even we'd stil...... Tags Moneyfinancial institutionslife insurance companiesterm life insurancewhole life insurancelife insurance quoteslife insurance companyrates insurancelife insurance agent socialize ads
Text Why are Life Insurance company ratings important? Author: No Last Name Life insurance companies are given for financial strength ratings as are most financial institutions and many financial instruments such as bonds. What do these ratings measure? A life insurance company's relative ability to meet their financial obligations. What should you use these ratings for? When comparing insurance companies probably financial strength should be the first thing to look at. Typically insurance company ratings use a letter grade. Each rating service is a little bit different. Moody's ratings start at Aaa, then go to Aa1, Aa2, Aa3 and then to A1, A2 etc. Standard and Poor's ratings are AAA, then AA+, AA, AA- then A+ etc. That last one can sometimes be misleading. Years ago an insurance company came out with a big ad that said A+! but when you read the fine print it was an A+ from Standard and Poor's and in actuality is the 5th rating from the top. A.M. Best rates insurance companies starting with A++ to A+ and then letter grades like school grades from then on (A, A-, B+, B etc.) There are also Weiss Ratings which are also letter grades and Fitch ratings which are similar to the Standard and Poor's set up. For more information on life insurance companies, ratings and life insurance quotes, it's best to contact a trusted life insurance agent. --- Author, Richard Reich, writes articles on life insurance, whole life insurance, and term life insurance for Life Insure.com, Life Insurance Direct, provider of life insurance quotes and information. For more information, visit www.LifeInsure.com. Article Source: http://www.articlealley.com/http://nolastname.articlealley.com/why-are-life-insurance-company-ratings-important-100563.html About the Author:
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