The Delaware life insurance company has received some very positive ratings for its stellar financial stability. Standard & Poor’s gave it an AA+, which means that it is regarded as very stable.
A.M. Best also gave the Delaware life insurance company an A+, which means that it is considered very good. Remember that as with any other annuity, the terms and interest rates on these offered by the Delaware life insurance company are subject to fluctuate at any given time.
As a life insurer, you should not only look into the policies and the rates that they offer but also how safe they are. Since they are a non-depository insurance company, their risk of loss and losses are minimal. The best way to assess the safety of a company would be to take a look at their credit rating as this would help you judge their stability and reliability.
For instance, if the Delaware life insurance company was to suffer a bankruptcy, your money would be safe with them. This is because their capital will still be intact. However, this does not necessarily mean that they will no longer have policies to sell you. In the case of a bankruptcy filing, you will still get what you have paid for.
In terms of insurance and your personal protection, you can find a lot of advantages to dealing with the Delaware life insurance company. These advantages can work to your benefit as a whole or individually depending on your needs. First of all, since they are non-depository companies, you do not have to rely on the FDIC for your insurance payments. You may also choose to go to these companies directly if they give you the choice.
Also, since they are not a depository institution, these companies do not have to worry about the annuity contracts they hold and the tax obligations they have. This allows you to get better rates on your life insurance contracts. The rates can be based on what is actually offered by the company and not the rates that the FDIC charges.
Finally, you will find that you can get more affordable rates on the Delaware life insurance company if you go through the brokers. These brokers work on your behalf to get you the best rates available for your specific needs and circumstances. You can then take advantage of the lower premiums that are offered.
These are just some of the reasons why you should consider dealing with the Delaware life insurance company. When all is said and done, you should not be hesitant to give these a look.
If you need a new life insurance policy, you may want to look at the Delaware life insurance company as your first option. This is the case if you have had a good health history in the past. If you have a history of making your premium payments regularly, then this may be a good choice for you to consider.
The other reason why this may be a good choice for you is because the annuity contracts you are getting from this company are usually backed up by the FDIC. You can be assured that your annuity will be protected if something does happen to you.
As long as you are making your monthly payments on time and meeting your premiums, then there is no reason why you should not see a good investment on your life insurance policy. It is the best way to go when you are looking to make sure you get the best rate possible.
Remember, you have nothing to lose and everything to gain if you get a policy with the Delaware life insurance company. The key is to weigh your options and the advantages and disadvantages of each one to determine which is best for you.