Speak with an experienced advisor! AM Best has come out with a list of the longest time frames that various life insurer carriers have been rated A or better. These Longest A Rated Life Insurers list was created from their article. Keep in mind that A rated or better refers to the following AM Best Financial Strength Ratings: A, A+, and A++. This excludes A- and lower.
Which Insurers Have Had an A Rating or Fifty Years or More?
The following is a list of life insurance companies that AM Best has, according to their own article, rated A or better for fifty years in a row.
American General Life Insurance Company
Since 1968
The American General Life Insurance Company has had an A rating or better since 1968. Its current AM Best Financial Strength Rating is an A.
American United Life Insurance Company
Since 1950
The American United Life Insurance Company has had an A rating or better since 1950. Its current AM Best Financial Strength Rating is an A+..
Banner Life Insurance Company
Since 1963
The Banner Life Insurance Company has had an A rating or better since 1963. Its current AM Best Financial Strength Rating is an A+..
The Great-West Life Assurance Company
Since 1945
The Great-West Life Assurance Company has had an A rating or better since 1945. Its current AM Best Financial Strength Rating is an A+.
Guardian LIfe Insurance Company of America
Since 1947
The Guardian Life Insurance Company has had an A rating or better since 1947. Its current AM Best Financial Strength Rating is an A++.
Kansas City Life Insurance Company
Since 1952
The Kansas City Life Insurance Company has had an A rating or better since 1952. Its current AM Best Financial Strength Rating is an A.
Liberty National Life Insurance Company
Since 1958
The Liberty National Life Insurance Company has had an A rating or better since 1958. Its current AM Best Financial Strength Rating is an A+.
NATIONWIDE LIFE INSURANCE COMPANY
Since 1954
The Nationwide Life Insurance Company has had an A rating or better since 1954. Its current AM Best Financial Strength Rating is an A+.
The Ohio NAtional Life Insurance Company
Since 1964
The Ohio National Life Insurance Company has had an A rating or better since 1964. Its current AM Best Financial Strength Rating is an A+.
Pacific life insurance company
Since 1959
The Pacific Life Insurance Company has had an A rating or better since 1959. Its current AM Best Financial Strength Rating is an A+.
Reliastar Life insurance company
Since 1945
The Reliastar Life Insurance Company has had an A rating or better since 1945. Its current AM Best Financial Strength Rating is an A u.
State farm life insurance company
Since 1954
The State farm Life Insurance Company has had an A rating or better since 1954. Its current AM Best Financial Strength Rating is an A++.
Sun Life Assurance Company of Canada
Since 1946
The Sun Life Assurance Company of Canada has had an A rating or better since 1946. Its current AM Best Financial Strength Rating is an A+.
Teachers Insurance and annuity Association of America
Since 1964
The Teachers Insurance and Annuity Association of America has had an A rating or better since 1964. Its current AM Best Financial Strength Rating is an A++. This company also goes by its abbreviation TIAA, formerly TIAA CREF.
Transamerica premier Life insurance company
Since 1965
The Transamerica Premier Life Insurance Company has had an A rating or better since 1965. Its current AM Best Financial Strength Rating is an A+.
United farm family life insurance company
Since 1961
The United Farm Family Life Insurance Company has had an A rating or better since 1961. Its current AM Best Financial Strength Rating is an A.
United states life insurance company in the city of new york
Since 1959
The United States Life Insurance Company in the City of New York has had an A rating or better since 1959. Its current AM Best Financial Strength Rating is an A.
Which Insurers Have Had an A Rating or Seventy Five Years or More?
The following is a list of life insurance companies that AM Best has, according to their own article, rated A or better for seventy five years in a row.
American National insurance company
Since 1941
The American National Insurance Company has had an A rating or better since 1941. Its current AM Best Financial Strength Rating is an A.
The canada life assurance company
Since 1939
The Canada Life Assurance Company has had an A rating or better since 1939. Its current AM Best Financial Strength Rating is an A+.
Columbus life insurance company
Since 1938
The Columbus Life Insurance Company has had an A rating or better since 1938. Its current AM Best Financial Strength Rating is an A+.
Country life insurance company
Since 1933
The Country Life Insurance Company has had an A rating or better since 1933. Its current AM Best Financial Strength Rating is an A+.
The lincoln national life insurance company
Since 1940
The Lincoln National Life Insurance Company has had an A rating or better since 1940. Its current AM Best Financial Strength Rating is an A+.
The manufacturers life insurance company
Since 1939
The Manufacturers Life Insurance Company has had an A rating or better since 1939. Its current AM Best Financial Strength Rating is an A+.
The MASSACHUSETTS life insurance company
Since 1939
The Massachusetts Life Insurance Company has had an A rating or better since 1939. Its current AM Best Financial Strength Rating is an A+.
MASSACHUSETTS mutual life insurance company
Since 1933
The Massachusetts Mutual Life Insurance Company has had an A rating or better since 1933. Its current AM Best Financial Strength Rating is an A++. This company also goes by the name Mass Mutual.
Metropolitan life insurance company
Since 1928
The Metropolitan Life Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A+. This company is often known as Met Life.
Minnesota life insurance company
Since 1940
The Minnesota Life Insurance Company has had an A rating or better since 1940. Its current AM Best Financial Strength Rating is an A+.
New york life insurance company
Since 1928
The New York Life Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A++.
The northwestern Mutual life INSURANCE company
Since 1928
The Northwestern Mutual Life Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A++.
The penn mutual life insurance company
Since 1928
The Penn Mutual Life Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A+.
Principal life insurance company
Since 1928
The Principal Life Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A+.
Protective life insurance company
Since 1940
The Protective Life Insurance Company has had an A rating or better since 1940. Its current AM Best Financial Strength Rating is an A+.
The prudential insurance company of america
Since 1928
The Prudential Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A+.
Standard Insurance company
Since 1928
The Standard Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A.
The western and southern life insurance company
Since 1928
The Western and Southern Life Insurance Company has had an A rating or better since 1928. Its current AM Best Financial Strength Rating is an A+.
General Notes on Longest A Rated Life Insurers:
*Not all Carriers Sell Products in the United States.
**Not all Insurers offer Life Insurance Products in Each US State or Jurdiction.
***Ratings from May 16th, 2018 - AM Best.
****All rating information taken from Best's Review - Volume 119, Issue 7, July 2018.
Questions on Longest A Rated Life Insurers:
Should You Only Buy Life Insurance from A rated Life Insurers?
In general it is best to only consider A rated life insurance companies. On occasion A- rated insurers can be considered. However this is pretty rare. For any type of life insurance most people should be able to find a quality product with one of these A or higher companies. For those that are considering permanent life insurance the need to stay with the higher rated carriers is even greater.
Why Should I Care if my future life insurance company has had an A rating for sixty years?
For those that are considering purchasing a participating whole life insurance policy the amount of years that the carrier has been well rated is indicative of its history. Not that past performance is any proper measurement of future dividends or longevity, but it is a detail and an important one.
When is it justified to ignore a Life Insurer's Financial Strength Rating?
It is never a good idea to ignore a financial strength rating from any insurance company, life, health or otherwise. Financial Strength Ratings are one of the only tools that consumers have to check financial health of insurers.
I have heard that whole life insurance is a waste of money?
Whole life insurance is often derided as being a poor use of money and for the majority of American consumers it is certainly not the best product, often a simple term life insurance policy combined with savings will be the best consideration. That being said it is truly only a real waste of money if it is purchased and cancelled (without being used) within generally the first ten to fifteen years.
Thank you for reading Longest A Rated Life Insurers.
