It appears that the Life Insurance sector will continue to have some issues to contend with in 2010. Fitch Ratings has just released a report titled: 2010 Rating Outlook Negative for U.S. Life Insurance Sector. Fitch Ratings continued to have a negative rating outlook for the U.S. Life insurance market. Factors contributing to this outlook include: operating fundamentals that remain under pressure, the fragile nature of the economic recovery, further expected deterioration in the commercial real estate market, and lower coverage metrics. Still, Fitch Ratings expects that the heightened level of rating downgrades experienced in 2009 will moderate materially in 2010. Please click here to go the Fitch Website for the full report.

It’s always important when obtaining a new policy or reviewing a current policy to check ratings with all rating services and review any other applicable financials for the life insurance company. For more information to meet your situation, please visit my website at www.tonysteuer.com

Tony Steuer, CLU - Life Insurance Consultant

Author: Questions & Answers on Life Insurance