Best Companies for Life Insurance

Are you looking for the best companies for life insurance?

If so, it’s good to understand which factors are important in determining the best life insurance companies. What actually makes a company the best for life insurance?

Basically, you want a safe, secure company the offers you low rates and life insurance protection that the company can pay if there is a claim.

• The financial strength rating issued by AM Best

• The customer service provided – Is it 24/7 via phone and email?

• The rates charged for life insurance – Are they competitive?

• Any complaints filed against insurers in your state – Check with the Department of insurance in your state.

• The amount of invested capital and types of investments – Reviewed by AM Best when determining their financial rating for the insurance company.

Each year, the Insurance Information Institute (www.iii.org) issues a report identifying the Top Life Insurance Companies in the U.S. The report shows you the Top 20 life insurance groups by premium written for the prior year.

Among the leading life insurance companies by premiums written for 2007 are:

Metlife, Prudential Financial, TIAA-CREF, Massachusetts Mutual Life Insurance Company, Northwesterm Mutual, AFLAC, Genworth Financial, Principal Financial, and Lincoln National.

When researching the best life insurance companies, make sure you check there current financial strength rating from AM Best Company. Since the financial markets and investments have changed the financial condition of some insurance companies, make sure to take time to review their financial status.

How do you compare plans and prices for life insurance from the best companies?

1. You could choose to locate a licensed life insurance agent in your area.

2. Or, you may choose to request free, no obligation life insurance quotes online from top-rated insurance companies, with no obligation. Request your free life insurance quotes.

• Quick and Easy Rate Comparisons – Get instant quotes online.

• Convenience – Compare Quotes 24/7 from the convenience of your home of office.

• No Sales Pressure – You don’t have to meet with an agent to compare quotes.

• Customer Service – You can get your questions answered by email or phone.

• Save Money – By comparing life insurance quotes from several carriers you may save up to 50% or more because rates vary by company.

When you request life insurance quotes online you receive the annual premium, insurance company name, type of policy, payment options, and the financial rating of the insurance carrier.

If you have questions about your life insurance quotes you may be able to get assistance online, over the phone, or by email.

You may even be able to compare quotes for term life insurance no exam required. There’s no physical, no blood test, just a few health questions. Coverage is available from an "A+" rated insurance company, 2nd highest of 16 ratings.

Before comparing quotes from the best companies for life insurance, make sure you know the following:

• What type of life insurance do you need?

• How much life insurance do you need?

• How many years do you need life insurance?

• How much can you afford to pay for life insurance?

• State Farm
  
• American International Group (AIG) (1)
  
• Direct General Group
  
• Citigroup
  
• Allstate Insurance
  
• Liberty National
  
• American Family Insurance Group
  
• Zurich Insurance Group
  
• Old Mutual
  
• Genworth Financial Group

Source: Insurance Information Institute (www.iii.org)

(1) In 2008 AIG ceded 79.9 percent of its ownership to the federal government in exchange for an $85 billion loan.

Please Choose from one of the options listed below:

Get your free term life insurance quotes - You will be asked to fill out one form which takes about a minute, then you will receive up to 12 lowest quotes for term life insurance instantly, from more than 77 top-rated life insurance companies.

Life and Health Insurance Foundation for Education - Learn about life and health insurance.

AM Best Company - Check the financial strength ratings of life insurance companies.