Every month we troll the online watchdog ratings services for indications of impending rating changes regarding insurance carriers’ upgrades or downgrades. Ever since the debacle of Executive Life in the early 90s, rating services are attempting to stay on top of the financial stability and claims-paying ability of carriers. The actual letter or number rating system is not standardized, so an A+ with one rating service may be three levels lower in another rating service. Learning the rating levels and their definitions is at the heart of understanding how to use them. Steve and Ken introduce you to the world of ratings due diligence with unique commentary that may be of added value to your presentations.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Steve is the number one online author and videographer of insurance content. During his 30-year career in the financial services industry,... More
Steve Savant recently shared that #1 consumer request of advisers is help with debt reduction. But most advisers don’t offer debt reduction services. Debt reduction frees up cash flow for monthly savings in annuities & life insurance.