Q: Which Company Should We Select For Our Term Life Insurance?
There is very little difference between term life companies other than their pricing and the reputation that they have developed over the years. Dave Ramsey’s advice with regard to which company to consider is basically related to price. Since term life plans are very similar with regard to the benefits received, his advice is to find the best price from a reputable company. You can access the financial ratings on our website by clicking on the Insurance Company’s names which is linked to their AM Best or Standard and Poor ratings. We only represent companies that have an AM Best rating of “A” (Excellent) or better.
Zander Insurance has been Dave Ramsey’s endorsed national term life insurance provider for over 20 years and he has entrusted us to make sure the companies we represent offer his listeners the most competitive pricing and are top quality companies. We take this responsibility very seriously. Just because you are not familiar with a particular company should not restrict you from giving them consideration. Just as an example; Dave and I have our term life policies with Banner, Midland, Protective, Prudential and SBLI, some which you may have heard of and some not, but all are leaders in the business of writing term life and specialize in certain sections of the market. Many of these companies have been in business for over 100 years. It makes little sense to pay more for term life insurance plans especially if it takes away from your debt reduction efforts. You can compare quotes online at Zander Insurance or call Zander Insurance at 800-356-4282 for personal assistance.