So far, we’ve learned that their financial position is strong (enough) and that they have the best rating available from the BBB…but how do the products weigh up? In total, Sentinel Security has six different insurance products ranging from health insurance to our focus of life insurance. As an accredited business too, Sentinel Security Life couldn't be performing any better with the BBB and their file has been open since 1979 which is another reason to celebrate. Boasting an ‘A+’ rating, Sentinel Security Life is in the top percentile when it comes to the BBB and this means they scored above 97 during the rating process.Īs well as meaning you shouldn't have an issue with customer service and complaints, this also means you can trust the company with their advertising campaigns and how they behave within the industry. Although it isn't the grade we look for (most of the time), there are times where adjustments should made to allow for certain circumstances.īetter Business Bureau (BBB) - With no Moody’s, Comdex, or Standards and Poor’s, our attention turns to the Better Business Bureau and their incredibly useful rating regarding customer service and business practices within the industry.

If it’s long-term financial security you’re after, we’re talking about a company with over $600 million in admitted assets as well as 70 years of experience in the market. For us, the fact they have ‘++’ means they couldn't be any closer to achieving the magical A- grade. Ultimately, B++ is just one step away from the ‘A’ bracket and we accept it as a buffer zone. Fortunately, the rating for Sentinel Security right now is ‘B++’ and you might be wondering why we’re saying ‘fortunately’ when it doesn’t fall into the ‘A’ range. Best rated the company recently? For many, they like to rely on this little letter to learn just how financially stable a company is now as well as the likelihood of this changing in the near future. Best - With these financial details in mind, how has A.M. Currently, Total Statutory Assets amount to $617 million and this, when coupled with the total liabilities of $577 million, creates a large surplus.Ī.M. Since we need them to stay in business for many years, we prefer to assess the assets in more detail and these have actually increased by a whopping 60% in the last five years. However, income means very little with life insurance companies. In terms of finances, 2016 saw the company earn a net operating income of $2.7 million. With their final expense life insurance product still at the top of their services 70 years later, it’s fair to say they’ve reached this goal and they continue to excel in the market. Originally, the company started with the goal of helping families fund all burial and funeral costs after somebody passed away. In 2018, Sentinel Security Life Insurance Company (sometimes shortened to SSL) will be celebrating their 70th birthday in the insurance market in America and this rich history is a testament to their effort and contribution to the industry.

Sentinel security life annuity forms