North American is a Financially Strong Company
This company currently has over $13 Billion in total assets, which indicates it is financially strong. We showed that North American holds an A+ rating with both A.M Best and Standard and Poor’s (S&P). That means you shouldn’t be overly concerned about them going bankrupt and not being around in the future.
It is also worth mentioning that North American currently is not in any debt, which is impressive to say the least since many other companies are.
All of this is important information though, because you want your insurance provider to be in good standing and on firm financial ground. If you do not take this into consideration, you risk going with a company that could go under or get into financial hardship while you still have a policy with them, which could mean they can’t pay your death benefit in the end.
Ranked No. 83 on Forbes’ 2017 List of America’s Largest Private Companies. The list includes 225 privately-held companies with revenues of more than $2 billion.