A Plus Companies That Write Final Expense

[shooter]

Just a thought.
It seems that most companies that are big in Final Expense do not have an A plus rating.
I know two off hand that do.
Lafayette Life and Monumental.

It seems more of the A plus companies are in Term, WL,UL,IUL
product sales.

Is it more diffcult to make a profit in Final Expense sales?

Just curious.

I know people that would not touch a company with a rating less that than A plus for a UL sale but will trun around and sale
a company with a B rating or A minus for final expense.

Thoughts,
Shooter

 

[Newby]

A company has to be more diversified to get above an A rating. Companies that focus solely on FE won't rate that high.

The fact that they issue life policies without parameds is risky in itself. That's why they limit to lower face amounts. Of that's the ONLY business they write, it would be hard to get above an A- rating.

 

[rousemark]

The companies that are quoted by FEXquotes which have an A+ rating are Lafayette Life, Mutual of Omaha and Monumental. While each of these companies does have a final expense product that is not necessarily their primary product focus.