What are life insurance company rankings and why are they important?

Life insurance company rankings are a listing of top life insurance carriers based on certain factors that help to indicate an insurer's financial stability and the quality of the life insurance company.

For instance, life insurance companies may be compared and ranked based on their financial strength rating from AM Best Company, or the total number of life insurance policies they issued in a specific year, or their total market capitalization.

If you're looking for a safe, secure life insurance company you may want to review life insurance company rankings to help you find and choose a large, stable, financial strong insurance carrier you can expect to stay in business and be able to pay a claim on your policy in the future.