When it comes to protecting our loved ones and securing their financial future, life insurance plays a vital role. However, selecting the right life insurance policy from a reputable provider can be a daunting task. One essential factor to consider is the financial stability and reliability of the insurance company. AM Moody, a renowned credit rating agency, provides valuable insights into the financial health and performance of insurance companies. This article explores why it is crucial to purchase life insurance policies exclusively from companies that receive an A rating from AM Moody. If a company doesn’t tell you what their rating is proudly, it’s because they’re below an “A” rating.
Superior Financial Strength: AM Moody’s ratings are an indication of an insurance company’s financial strength and ability to meet its obligations to policyholders. An A rating signifies that the company has a strong financial position, ensuring that it can honor claims and fulfill its contractual commitments. Choosing an insurance company with an A rating from AM Moody provides peace of mind, knowing that the insurer has a solid foundation and can weather economic downturns or unexpected events.
Reliability and Stability: Life insurance policies are long-term commitments that may span several decades. It is essential to select a reliable and stable company that will be around when the time comes to pay out the policy benefits. An A-rated company indicates that it has a history of financial stability and consistent performance. By purchasing life insurance from such companies, you mitigate the risk of choosing a financially unstable insurer that may face difficulties in the future.
Commitment to Policyholders: AM Moody’s A rating also reflects the company’s commitment to its policyholders. Insurers that receive high ratings often prioritize customer satisfaction and go the extra mile to provide exceptional service. These companies have a track record of promptly processing claims, maintaining transparent communication, and offering reliable customer support. By opting for an A-rated insurer, you increase the likelihood of a hassle-free claims process and a seamless experience throughout the policy term.
Industry Reputation: AM Moody is an industry-leading credit rating agency with a long-standing reputation for providing accurate and reliable ratings. Their assessments are based on thorough evaluations of an insurance company’s financial statements, market position, risk management practices, and overall performance. Opting for an insurance company that has been positively evaluated by such a reputable agency demonstrates prudence in your decision-making process.
Potential Policy Enhancements: Insurance companies with a higher rating often have more resources to invest in research and development, leading to innovative policy offerings. These companies are better positioned to adapt to changing market needs and provide additional benefits or policy enhancements. By choosing a life insurance provider with an A rating from AM Moody, you increase the likelihood of accessing a broader range of coverage options that can cater to your specific needs.
Selecting the right life insurance policy is a crucial decision that should not be taken lightly. Opting for insurance companies that have received an A rating from AM Moody offers numerous benefits. These companies demonstrate financial stability, reliability, and a strong commitment to policyholders. Additionally, their reputation in the industry adds credibility to their offerings, while potential policy enhancements ensure that you can access the most comprehensive coverage available. By prioritizing life insurance companies with an A rating from AM Moody, you can make an informed decision that safeguards the future of your loved ones.
Form America LLC is an independent insurance agent, licensed by the State of Florida to represent whoever we want. We will ONLY represent A rated companies. “Captive” agents work for the companies themselves, so they have to sell sometimes inferior products if that’s what their company has. Form America doesn’t. We only work with the best companies, that are “A” rated by AM Moody, and only the companies that have the best values. Value isn’t always only about price. We want to work with you on insurance from reputable companies. We walk away from anyone that offers us more money to sell below “A” rated products.
Form America has the “Buy Happe” guarantee named after our founder. In short, the Buy Happe Guarantee℠ is a set of operating principles for annuities and insurance offerings that make us different from the industries we all dislike, including the insurance and annuity industries. The guarantee includes :
FREE LOOK : A window after your purchase on everything we do, giving you the ability to cancel a policy after delivery and get 100% of your money back. We guarantee it.
FEE TRANSPARENCY : We’re the opposite of the insurance and annuity business. We’ll show you what WE make. We can’t negotiate fees (as we also make agreements with our providers) but you’get honesty, transparency, and a look at how we make our money. We’re different than anyone else you’ll talk with in an industry known for the opposite.
FULL DISCLOSURE COMPARISON : Let us look at your existing life insurance. We’ll give you a detailed breakdown of what you pay and what you get from your existing life insurance, and a head-to-head comparison on how we can lower your premiums, or increase your benefits, or both. You’ll be able to see in a simple one page comparison what we can do to better secure your future.
We’re different, and we’re in business to help you. We’re the opposite of most “wealth advisors.” We don’t sell you products because it’s good for US. We are an independent agent, licensed by the State of Florida but we’re not trying to retire by using your retirement funds for our benefit. We’ve assembled some of the best low cost offerings to come alongside you and REDUCE your fees, not increase them.
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Proud to be an INDEPENDENT agent, working to bring you the best insurance and annuity companies in the world including our hand selected companies.
Florida Licensed Agent # W954746