What do the Standard and Poor's (S&P) Ratings mean?
The ratings are S&P's current opinion of an obligor's overall financial capacity (its creditworthiness) to pay its financial obligations. AAA is the highest rating given and represents an "Extremely Strong" capacity to meet financial commitments. Other ratings, in descending order, are: AA+, AA ("Very Strong"), AA-, A+, A ("Strong"), A-, BBB+, BBB ("Adequate") and so on down to CC.
What does the Standard and Poor's (S&P) Outlook mean?
The outlook is S&P's assessment of the potential direction of a long-term credit rating over the immediate term (typically six months to two years). In determining a rating outlook, consideration is given to any changes in the economic and/or fundamental business conditions. "Positive" means that a rating may be raised. "Negative" means that a rating may be lowered. "Stable" means that a rating is not likely to change.
Major Life Insurance Companies
All of the life insurance companies listed below are available for online quoting on this website. If a quote does not appear from a particular company this may be because the cover you have requested does not meet their minimum premium or sum insured, or cover may not be available for your occupation or the options you have chosen.
Credit ratings are shown to give an indication of the Financial Strength of a company. If you need to make a claim in the future, you want your life insurance company to be there.
| List of companies | ||
|---|---|---|
| Insurance Companies | S&P Rating | S&P Outlook |
| AMP Life | AA- | Stable |
| AIA Australia | A+ | Negative |
| Asteron | A+ | Stable |
| Aviva | A | Positive |
| AXA Australia | AA | Negative |
| CommInsure | AA | Stable |
| ING Life | A+ | Stable |
| Macquarie Life | A | Negative |
| Metlife | A+ | Negative |
| MLC | AA | Stable |
| Tower Life Australia | A | Stable |
| Zurich Life | A+ | Negative |
Standard & Poors Ratings are as at 19th October 2009.
No responsibility is taken for the accuracy of this information. Insurance companies available may change without notice.
Not all insurance companies listed may cover your situation.
Go to Instant Quotes to view online quotes from these insurers.