Major Life Insurance Company Comparison Checklist
Instead of ranking carriers by a generic score, compare the items that actually affect your policy: state availability, underwriting class, conversion options, riders, financial strength, customer service, and policy contract language.
Carrier checklist
- Licensed in your state.
- Policy form available for your age and amount.
- Financial strength ratings from recognized rating agencies.
- Clear conversion, rider, and payment terms.
Editor's note
A household-name company can still be the wrong fit if its underwriting class is worse for your health profile. Compare the actual offer, not the brand alone.
Official sources worth checking
- NAIC state insurance department directory.
- IRS Topic 403 for federal tax treatment of interest and life insurance proceeds.
- USA.gov state consumer offices for consumer-help contacts.