Even though states evaluate the financial strength of annuity carriers, and FDIC evaluates the wherewithal of banks, neither releases ratings on financial soundness. However, independent rating services do evaluate both banks and carriers and issue ratings.
How Strong Is The Insurance Carrier?
These private rating agencies evaluate the ability of insurers to meet their obligations.
How Strong is the Bank?
These private services provide a letter or number grade designed to rate institutional financial strength.
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