We are pleased to share with you some exciting news about the underwriting carrier for Sabal’s Seniors Choice members. No action is necessary on your part – this is just a news update.
A.M. Best has upgraded the financial strength rating (FSR) to A+ (Superior) - from A (Excellent) - and the issuer credit ratings (ICR) to "aa-" from "a" for Munich Re America Corporation Group and its member companies, including American Alternative Insurance Corporation.
This places American Alternative, the carrier of choice among Sabal’s Seniors Choice clients, among an elite group of insurance companies carrying this rating. This fact is particularly notable in light of the downgrades which have taken place across many sectors of the insurance market due to subprime writedowns and losses.
We’re pleased to be able to provide access to Seniors Choice members to a program underwritten by an exceptionally sound insurance carrier and look forward to doing so for years to come. Feel free to contact our offices for any further information or details.
A.M. Best has upgraded the financial strength rating (FSR) to A+ (Superior) - from A (Excellent) - and the issuer credit ratings (ICR) to "aa-" from "a" for Munich Re America Corporation Group and its member companies, including American Alternative Insurance Corporation.
This places American Alternative, the carrier of choice among Sabal’s Seniors Choice clients, among an elite group of insurance companies carrying this rating. This fact is particularly notable in light of the downgrades which have taken place across many sectors of the insurance market due to subprime writedowns and losses.
We’re pleased to be able to provide access to Seniors Choice members to a program underwritten by an exceptionally sound insurance carrier and look forward to doing so for years to come. Feel free to contact our offices for any further information or details.