Security Mutual’s Financial
Condition and Operating Performance Rating: A- (Excellent)
 A.M. Best assigns their “A-” (Excellent)
rating to companies, which have, on balance, excellent financial strength,
operating performance and market profile when compared to the standards
they have established. A.M. Best feels these companies have an excellent
ability to meet their ongoing obligations to policyholders. The “A-” rating
is fourth highest on A.M. Best’s 15-step rating
scale.
Security Mutual has been awarded a Best’s Security
Icon in recognition of its secure rating. This special emblem helps
consumers recognize industry leaders at a glance and represents A.M.
Best’s opinion of an insurer’s ability to meet their
ongoing obligations to policyholders.
Click
here to view Security Mutual's Financial Strength Rating.
* A.M. Best rating is current as of the
date of publication. Ratings reflect
a rating agency's opinion of a company's financial strength and ability
to
meet its obligations to its policyholders. A rating is not a
recommendation of a company or any specific policy form. A.M. Best's
"A-" (Excellent) rating is the fourth highest on a 15-step
rating scale.
Ratings are subject to change.
What the Ratings
Mean
A number of independent rating services evaluate life
insurance companies and render an opinion as to a specific company's
ability to fulfill its obligations to policyowners. Rating agencies
such as A.M. Best annually
assess subscribing companies' financial strength and claims-paying
abilities.
The ratings assigned are based on both quantitative
as well as qualitative data. Key quantitative data includes, but
is not limited to, capital adequacy, asset quality, profitability,
liquidity and operating efficiency. Key qualitative factors include
business strategy, strength of company products, distribution systems,
competency of management and projections of future performance. After
completing their analysis, the rating agency assigns a rating to
the company reporting their opinion of the financial security characteristics
of the organization. Click here for the
placement of the company's rating in the hierarchy of rating categories.
When you are selecting a life insurance policy, these
ratings can help you to compare the relative strengths of each insurance
company under consideration. Bear in mind however, ratings do not
tell the whole story about a company, reveal which companies provide
the best returns, tell how good a company's products are, guarantee
an insurer's financial strength or security, or offer comment on
the quality and level of service provided.
Hierarchy
of Rating Categories
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=SECURITY MUTUAL'S RATINGS |
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