How do I choose the best life insurance company?
I am looking for an life insurance company where I can compare rates, review my options, and save on a life insurance policy.
When comparing life insurance plans it's important to find a life insurance carrier rated at least "A" Excellent (or better) for financial strength.
Independent rating services like AM best Company issue ratings of financial strength for life insurance companies. The higher the rating, the better able the insurer to pay their claims, and meet their financial obligations.
In addition, you will want to compare rates on term life insurance among several leading life insurance carriers, since rates vary by insurer.
Term life offers the lowest priced life insurance coverage, which means you get a lot more life insurance for your money. Term life insurance lasts for up to 30 years, or until you reach a certain age, like 65 or 70, in most policies.
Each year the Insurance Information Institute (III.org) issues a list of the top 10 life insurance companies in America to help you find what insurance carriers are the largest providers of life insurance.