Advice

Should You Use the Comdex?

The Comdex is a percentile ranking of life insurance companies derived from the financial strength ratings issued by A.M. Best, Fitch, Moody's, and Standard & Poor's. It has received favorable mention in a few trade and consumer publications recently (for example, Marlene Y. Satter, "Saving Grace," Investment Advisor, June 2009). I use it myself to get a quick idea of whether I am looking at a top-tier or a second-tier insurance company.

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