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Paul Said:

Should I ditch my Genworth term life insurance policies?

We Answered:

Be careful when considering this change.

First, never cancel an existing life insurance policy until you have applied for, and been approved for, and paid for your new life insurance policy, to replace your existing policies.

Make sure the new life insurance policies are "In Force", before canceling any existing term life insurance policies.

Hopefully you may be able to find more affordable rates for your term life insurance policies.

A study conducted in 2007 by the Insurance Information Institute reported that rates for term life insurance have decreased by 50% over the last dozen years.

However, your health may have changed, as well as being older now, so you may pay more for a new term life insurance policy.

The good thing is, you can compare free term life insurance quotes online and see how much the price would differ without having to meet with an agent.

Although the rating has declined, your life insurance policies should be protected by the Life Insurance Guaranty Fund in your state. In some states, the guaranty fund provides between $100,000 to $500,00 ($300,000 in most cases) of protection per life insurance policy.

I hope that helps. Best of luck to you.

Travis Said:

ratings on home insurance?

We Answered:

Here in Texas, Liberty Mutual has the HIGHEST number of upheld (validated) complaints with the Texas Insurance department, of any insurance company.

Sure I've heard of them. They're a major player. They've got dirt cheap rates. Fat lot of good that does, when they unfairly deny your claim.

You can check complaint rates at YOUR state insurance department website.

Leslie Said:

What are the 2009 ratings from Moody on Penn Mutual Life '?

We Answered:

According to VitalSigns as of April 15, 2009 the financial ratings of Penn Mutual Life Insurance are:

AM Best A+
A&P AA-
Moody's Aa3
The Street (formerly Weiss) B+
Comdex 95

Of course, the problem with getting the 2009 financial ratings is that they aren't out yet - it's still 2009. Overall, Penn Mutual seems like a very respectable life insurance company. In my experience, they also have a few good underwriting niches too.

Albert Said:

Life Insurance Questions!Please help?

We Answered:

lifeinsurance.awardspace.info - try this one. I have their insurance and, as remember, they can provide such a service.

Jimmie Said:

What is the ratings of insurance companies operating in India?

We Answered:

Insurance companies in India doesn't seem to have been rated. Only ICICI Pru had a rating assigned from Fitch. (http://www.thehindubusinessline.com/2006… To quote:

FITCH Ratings has assigned ICICI Prudential Life Insurance a National Insurer Financial Strength ("IFS") rating of `AAA(ind)' with Stable Outlook.

This was in Jan 2006.

Sara Said:

car ratings for cost of insurance?

We Answered:

Go to Allstate.com and you will find a table that tells you categories and ratings for different vehicles.