Whitepaper Troubleshooting SSIS Failures and Performance using BI xPress
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Inside Credit Ratings
Ever wondered how to use credit ratings in making your annuity purchase decision? Abaris has created this module to help you understand who the rating agencies are and what their ratings mean for you.
When you pay an insurance company for an annuity, you’re essentially purchasing their promise to give you a lifetime income. The idea of the insurance company failing to follow through on their promise is a scary one to think about, so it’s important to take precautionary steps to protect yourself before making your purchase.
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With all the products in the market and the market imperfections, how can you make sure you’re making the best choice for you? Well at Abaris, we only sell products backed by insurance companies in the top quartile of credit ratings (based on the Comdex Index). The cut-off quality that the Abaris platform uses is above and beyond that of what rating agencies consider the minimum for investment grade credit. As we said before, nothing is perfect and nothing is for sure, but holding this high standard of credit quality makes it a lot less likely that you’ll run into trouble with your insurance company.
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