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Has anyone worked with Manhatten Life for med supps? They have really low rates in Iowa but I've heard that they only have a B rating with AM Best and that some E & O carriers will not insure for them. Any feedback is appreciated.
Thanks...
Has anyone worked with Manhatten Life for med supps? They have really low rates in Iowa but I've heard that they only have a B rating with AM Best and that some E & O carriers will not insure for them. Any feedback is appreciated.
Thanks...
The only claims an E&O policy would not cover because of the company rating are those that arise out of the company going bankrupt. All other claims are covered just as if the company had an A++ rating.
How are insurance customers covered if a company goes BK? (more thinking of annuities or WL)
I'm in Illinois. State of Illinois about to be downgraded to junk bond status. hmmmMost states have a guaranty fund.
I'm in Illinois. State of Illinois about to be downgraded to junk bond status. hmmm
https://www.bloomberg.com/news/arti...-to-one-step-above-junk-by-s-p-over-stalemate
How are insurance customers covered if a company goes BK? (more thinking of annuities or WL)