There are four top independent rating agencies that rate insurance companies for financial strength.
These leading rating agencies include A.M. Best, Fitch ratings, Moody's, and Standard & Poor's.
You want to look for life insurance companies that have "A" or "AAA" ratings to be sure they have the financial strength to pay their life insurance claims on the policy you purchase.
A financial strength rating for a life insurance company is an indication of the insurer's ability to meet their financial obligations and pay their claims.
Here's how you can compare the top 10 life insurance companies and their financial ratings.