It was reported today that analysts at Moody’s Investors Service stated that most United States based life insurance companies have a stable rating outlook. At the end of 2004, 73% of the 174 insurance companies rated by Moody’s had a stable financial strength rating. There were 17% with a negative outlook and 4% being reviewed for potential rating downgrades. The report also noted that the average financial rating for stock company life insurance companies is A1, two levels below the Aa2 rating average for mutual insurers. Moody’s rating categories start at Aaa and move to Aa1, Aa2, Aa3, A1, A2, A3, Baa and down. This report came from the NU Online News Service. To learn more about insurance company financial strength ratings click here.

The National Underwriter, a leading insurance news organization reported today that American International Group Inc. had a 51% increase in net income for the second quarter. Reuters made the suggestion that AIG’s positive results were a stimulus to help pricing of all U.S. stocks. AIG based in New York, is reporting approximately $4 billion in net income for the last quarter with $27 billion in revenue. This is up from $2.7 billion of net income on $23 billion in revenue for the same quarter in 2004. Peter Streit, at Williams Capital Group in New York, desecribed the second-quarter results as “outstanding.” For term life insurance quotes and other life insurance quotes go to www.lifeinsure.com

There is level term life insurance and and decreasing term insurance. Simply stated level means that the insurance amount stays the same and the decreasing goes down over a period of time. We hardly ever see decreasing term any more. Why in the world would someone buy decreasing term life insurance? The most common use has been for mortgage life insurance where the amount of insurance tracked the decreasing amount of the mortgage balance. Our advice is to just get a regular term life insurance policy instead of decreasing term. There’s just no reason when you can get low cost term life insurance that stays level. You can get term life insurance quotes, online and anonymously, at lifeinsure.com.