Direct answer
You should check the company’s financial strength ratings from independent agencies like A.M. Best or Standard & Poor’s, as these ratings indicate the insurer’s ability to pay future claims.
Independent credit rating agency reports and state insurance department insolvency filings. For additional information about state-level financial oversight, see the National Association of Insurance Commissioners‘s consumer information portal.
What this means for you
You should check the company’s financial strength ratings from independent agencies like A.M. Best or Standard & Poor’s, as these ratings indicate the insurer’s ability to pay future claims.
ARMFOX HEALTHCARE
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