The financial strength of a life insurance carrier can play a big part in selling a life settlement insurance policy. Most insurance companies are reviewed by major rating companies who offer a rating based on the carriers financial strength and ability to pay claims, among other factors. Those ratings can vary anywhere between A++ (superior) to being in liquidation.
Life settlement companies and their investors have strict guidelines as to which insurance carriers they will purchase life settlement insurance policies from. Generally speaking, if a company falls below an A- rating, companies
funding life settlements will decline any policies potentially for sale from that carrier.
Because life settlement companies are responsible to their investors, and a carrier with a poor financial rating indicates added risk that the investor may not wish to take on, they usually do not buy potential life settlement insurance policies issued by carriers ratings with inferior ratings..
For more information about whether or not your policy could qualify, use LIVEpdq!