Top Three Life Insurance Companies
There are over thousands of Life Insurance companies in the world today. More and more new Insurance companies get venture into the Insurance industry while many existing companies who have found themselves consistently being left lagging behind their competitors have decided to move away from this industry.
In reality, most of the top life insurance companies have built very strong groundwork for themselves with extra-ordinary effort in the first few years to get to where they are today. In general, these top Life Insurance companies maintain their quality investment portfolio, strong and healthy liquidity position, excellent in customer experience; possess solid financial earnings with high ROI (Return of investment) over the years.
Here are three highly reputable insurance companies which have successfully sustained their business and position for the last centuries:
1. Northwestern mutual life insurance company
Offer high quality and competitively priced life insurance products such as permanent, term, combination, and variable policies to meet the different needs of their customers.
- This company leads its industry as one of America’s most admired companies for 25 years.
- US top four major rating agencies claim that Northwestern mutual life insurance company is one of the few which has successfully maintained its consistent and exceptional financial strength throughout the centuries despite of economy crisis and disputes.
- Diversification in their offering and policies: They offer strategic employee benefit services for small businesses exclusively through Northwestern Mutual financial network. They also provide “Disability insurance” to protect one’s ability to earn a living due to partial disability or total disability; they also offer “Long term care insurance” for those who need proper care in the event of a long term illness or injury .
2. AIG American International Group, Inc
It is an international insurance and financial service provider, with active operations in approximately 130 countries nationwide today.
- The AIG Companies offer unique personal property coverage for high net worth individuals and private collectors. AIU Private Collections SM provides worldwide coverage for your valuable fine art, collectibles and jewelry.
- Diversification in their offering and policies: The AIG companies offer a wide range of different life insurance plans for the Individual and Corporate. They also take care of the different financial needs of their end customer by providing education fund, medical plan, wealth accumulation & protection, retirement planning and AIA investment funds. They also offer a range of accident and health coverage that can be customized to meet customers’ unique needs. Innovative accident and health insurance products are also available to help protect you and your family during emergencies.
3. Allianz Life Insurance Company of North America
It is greatly known for its innovation, performance, and customer service.
- Today, Allianz Life rapidly transforms itself to become the leader in the North American life insurance industry. Allianz Life offers extensive portfolio of value-added wealth management products, including fixed and variable annuities, universal life insurance, and long term care insurance.
- Diversification in their offering and policies: A variety of attractive products are designed for their different customer groups with varies requirements and expectations ;
- Fixed and variable annuities: Designed to help reaching your financial goals for retirement with the benefits in terms of principal and low interest rate while the latter has enabled the policy holder to divert some of your current investment risk with the availability of optional protection benefits. A variable annuity is a good option which is specially designed for those coming close to retirement age.
- Long term care insurance products: For your assets and wealth protection, they will help to pay the care you need, instead of having to pay for these care from your own savings.
- Innovative Life Insurance products which includes of traditional universal life, single premium options, affordable term coverage, and fixed index universal life.