Term VS Whole Life Insurance
  Which is best for you?

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Insurance Company Ratings

When you decide you want to buy permanent insurance or even if you think you might want to convert your term to permanent later, you will want to make sure the insurance company you choose is financially strong. There are several rating agencies but the one that is most commonly quoted is AM Best:

AM Best Ratings Of Life Insurance Companies


Weiss Research came on the scene in the late 80's and was much more harsh with their rating system, so these ratings are much more stringent than AM Best.


Weiss Research Insurance Company Ratings:

 

Weiss Insurance Ratings: Data as of 03/05/2009

Company Name

State

Weiss
Safety
Rating

TEACHERS INS & ANNUITY ASSN OF AMERICA  NY   A+ 
STATE FARM LIFE INSURANCE CO  IL   A+ 
COUNTRY LIFE INSURANCE CO  IL   A+ 
AMERICAN FAMILY LIFE INSURANCE CO  WI   A+ 
STATE FARM LIFE & ACCIDENT ASR CO  IL   A+ 
NORTHWESTERN MUTUAL LIFE INSURANCE CO  WI   A 
NEW YORK LIFE INSURANCE CO  NY   A 
MASS MUTUAL LIFE INSURANCE CO  MA   A 
PACIFIC LIFE INSURANCE CO  NE   A 
NEW YORK LIFE INSURANCE & ANNUITY CORP  DE   A 
GUARDIAN LIFE INSURANCE CO OF AMERICA  NY   A 
FIDELITY INVESTMENTS LIFE INSURANCE CO  UT   A 
USAA LIFE INSURANCE CO  TX   A 
SOUTHERN FARM BUREAU LIFE INS CO  MS   A 
JOHN HANCOCK LIFE INS CO OF NY  NY   A 
AMERICAN FIDELITY ASR CO  OK   A 
SENTRY LIFE INSURANCE CO  WI   A 
FORT DEARBORN LIFE INSURANCE CO  IL   A 
AUTO-OWNERS LIFE INSURANCE CO  MI   A 
UNITED FARM FAMILY LIFE INSURANCE CO IN  A

 
Side Note               

When looking at Term vs Whole Life Insurance, it's not a question of which is better but which is right for your situation.