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.
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