Bristol, VA: Settlers Life Insurance Company is pleased to announce that the A.M. Best Company has re-affirmed its “A-” (Excellent) financial strength rating with a “stable” outlook effective February 16, 2018.
Settlers Life has maintained an “A- (Excellent)” rating from A.M. Best since 2007. Settlers Life believes that this excellent ranking reflects the company’s focus on reliably serving and honoring its long term financial commitments to its policyholders, and being a good steward of the trust placed in the Company. “We are proud to have maintained this Excellent rating from A.M. Best for eleven years in a row,” Amy Smith, Director of Marketing stated. “It validates our efforts in making Settlers Life the best company it can be, and strengthens our title of America’s Final Expense Company®. It allows current and potential policyholders, as well as our agent partners, to know they are placing their business with a reputable and dependable company.”
Settlers Life Insurance Company specializes in simplified issue, final expense, whole life insurance coverage for insureds aged fifteen-days to eighty-five years. A member of the NGL Insurance Group since 1999, Settlers Life’s primary administrative office is located in Bristol, Virginia. Since 2007, Settlers Life has maintained an A.M. Best financial strength rating of "A minus" (Excellent), the fourth highest of 16 such ratings. A.M. Best states that an "A minus" rating "is assigned to companies which have, in our opinion, an excellent ability to meet their ongoing insurance obligations." A.M. Best is the oldest and most widely recognized rating agency dedicated to the insurance industry.