When addressing a life insurance company’s ratings of financial strength, American National Insurance Company stands head and shoulders above many competing life insurance companies.
There are a variety of private organizations that rate the financial strength of life insurance companies. Both A.M Best and Standard & Poor’s are 2 of the most popular organizations and below are how they each rated ANICO:
- A.M. Best: “A” rating (Excellent)
- Standard & Poor’s: “A” rating
To explain A.M Best’s rating, ratings are given through careful examination into a company’s profitability, leverage, and liquidity. Giving American National an “A” rating means A.M Best believes they are in financially excellent condition.
This is a stand-up and applaud moment for anyone who is insured with American National. This rating reflects the company’s ability to pay claims as quickly as possible and this should be extremely important to you.
Standard and Poor has given added credibility to Best’s rating by also giving American National a solid “A” rating which speaks volumes about ANICO as a life insurance carrier.