Sentences with phrase «term financial stability of an insurance company»
This is also a good thing for policyholders as it ensures the long - term financial stability of an insurance company and suggests that they will be able to meet their obligations in the case of a rush of claims.
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It is also important that you review the life insurance company that is offering the coverage in terms of its financial stability, as well as its reputation for paying out its policyholders» claims.
This puts Progressive among the best auto insurance companies in terms of financial stability and claims paying ability.
While there are many companies that offer life insurance coverage, they are not all the same in terms of their financial strength and stability, and their reputation for paying out their policyholder claims.
Since life insurance is a long term investment, you want to ensure that the company has good financial stability and will be around for the duration of time that you have a policy.
The rating given to an insurance company can be based on several factors such as price, terms of policy, repayment, customer service, financial stability and convenience.
These companies look at the financial stability of insurance companies, both in the short and long terms.