Financial ratings are an indication of a life insurance company's ability to pay a death claim
if and when your beneficiary files for it. The
A.M. Best Company has long provided financial ratings for just this purpose.
Generally, any of their
A or higher rated companies have excellent financial strength. But, in case you want to see the
cream of the crop, we provide you with the following companies who have
achieved the highest (A++) financial rating from A.M. Best, as of May 2007.
These companies are presented in order of their competitiveness on rates, with the number
one company having the lowest overall rates. We used a face value of $1,000,000 as the
benchmark, and we then analyzed rates for the following configurations: ages 25, 35, 45, 55;
10 and 20 year term; non-tobacco user; Preferred Plus and Standard health; male and female sex.
We assigned scores to the lowest ten rates in each category and then added them up...
low score wins. (Source: Compulife Software, Inc. database, May 2007)