How do I find the top-rated insurers - is there a list available somewhere?
It is a good idea to choose your life insurance plan from a highly-rated insurer. That way, you can feel safe knowing your claim will be paid out in case you die.
Life insurance carriers are rated for financial strength by independent rating agencies that review their financial statements and give them a rating based on the insurer's ability to meet their financial obligations.
The higher the financial rating of the insurer, the better able they are to pay their claims.
Some leading rating agencies include A.M. Best Company, Standard & Poor's and Moody's.
It may be a good idea to find an insurer rated "A" (Excellent) or better by AM Best for financial strength.
Each year the III.org (Insurance Information Institute) issues a list of leading life insurance companies for consumers to review and find out which carriers are the largest.
Here's is a list of the best rated life insurance companies and their financial ratings for your review.