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Best: State Farm. In the most recent J.D. Power ranking of life insurance companies, issued in Oct. 2021, State Farm ranked #1 among individual life insurance providers, with a score of 822.
The company has more than 3,000 employees and 2,000 financial representatives. [5] A.M. Best rated Country Financial Property Casualty Group as A+ (Superior) in June 2019. [6] A.M. Best rated Country Financial Life Insurance Company and Country Mutual Insurance Company, as A+ (Superior) in July 2021. [6]
A.M. Best Company rated Assurity Life Insurance Company as A− (excellent) and the company received an A+ rating from the Better Business Bureau. [8] As of 2021 [update] , Assurity had more than $2.66 billion in assets under management.
Erie Insurance Group has also earned A.M. Best's rating of A+ (Superior). Erie Family Life Insurance Company has earned A.M. Best's rating of A (Excellent). A.M. Best is a respected provider of financial ratings for insurance organizations. [21] In February 2020, Forbes recognized Erie Insurance as one of the best employers for diversity. [22]
If you want to explore similar companies, you can also take a look at Top 5 Life Insurance Companies In The World. Life Insurance Industry: An Analysis The life insurance industry is a vital part ...
Insurance company ratings take into account a number of factors. Besides the finances, the general health and ethics of the company are also considered before rating the insurer. Some other ...
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