Friday, February 21, 2014

I've never heard of this Insurance company are they a good company?

In life insurance, some companies advertise a lot more than others, but this doesn't mean they are a larger or better company. The companies most people know best are the companies that usually specialize in auto insurance, not life insurance. 

Life Insurance is a heavily regulated industry. Each state has their own insurance commissioner and this person's job is to make sure that every life insurance company that is licensed to sell insurance within the state has the financial backing to pay out the claims on every policy sold.  

We rely on AM Best to select the companies we work with. AM Best is the largest and most trusted consumer information center for the insurance industry. AM Best assigns a letter grade for each insurance company based on financial standings. We only represent insurance companies that are in "A Excellent" financial standing or better.


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