Hello. This is Liran Hirschkorn, from ChooseTerm.com. A common question that
people ask me is, ‘Which is the best life insurance company to work with?’
People are concerned, obviously, when they buy a life insurance policy that
the insurance company that is insuring and protecting their family, they
want to make sure that they are going to be around in 10, 15, 20, 30 years
or more. It is important to ask the question of, ‘Which is the best company
to work with?’ The answer is there are some things to look for to find
which companies you want to work with.
At ChooseTerm.com, we only work with highly rated companies. What do I mean
by that? There are independent companies that have nothing to do with the
insurance companies, for example AM Best and S&P that rate the financial
strength of insurance companies. What I encourage you to do if you have
been recommended a specific company, go on the company’s website and look
at their About Us page. Typically, they will have an area where they list
what their AM Best rating is. What you want to look at is anything at least
above an A-, all the way up to an A or an A++. These are superior and
excellent ratings, and that is what you should be looking for. You should
also read a little bit about the history of the company; how long they have
been around and how much life insurance they have in force.
At ChooseTerm.com, we work with 30 different companies or more that
specialize in life insurance and are very highly rated companies. In terms
of which one of those companies is going to be best suited for you really
depends on a number of factors: Your health situation, age, and the type of
policy that you are looking for. We are going to help you find a really
highly rated company at the best possible rate. If you are looking for a
policy, for example that does not require medical, there are some specific
companies that we work with, that do not require medicals that are highly
rated, and will help you choose the best one at the best price. If you are
looking for a company, for example if you have diabetes, there are some
companies that are going to be more favorable to you. If you smoke cigars,
if you are a marijuana smoker, or if you are a scuba diver, there is going
to be certain companies that are going to be more favorable to you, based
on your specific condition or situation.
There is not one company that is the best life insurance company out there.
The benefit of working with ChooseTerm.com is that we are an independent
broker. We do not have any allegiance to one life insurance company. As
opposed to working with a captive agent that typically only works with one
company, at ChooseTerm.com, we work with over 30 different companies to
help you find the best company for you, specifically. If you have been
recommended a company and you are not happy with that company, and you have
already done a medical, typically, if your medical has been done within the
last 90 days, you can get a lab slip from the company that did the medical.
You can request that from your agent or the medical examiner that did your
medical, and you can submit that to another insurance company without
having to do the medical again, and we can help you do that.
If you are looking for insurance, if you are trying to figure out which is
the best company for you, visit our website, ChooseTerm.com. My name
is Liran Hirschkorn. Thank you.
Author: Liran Hirschkorn