by John Darer® CLU ChFC MSSC RSP CLTC
What is an A.M.Best credit rating? What does it mean when your structured settlement consultant or insurance agent says, it's rated "A+" ?
The answer, directly from the disclaimer on the A.M.Best website is:
"A.M Best's credit ratings are independent and objective opinions, not statements of fact. A.M. Best is not an investment advisor, does not offer investment advice of any kind, nor does the company or its Ratings Analysts offer any form of structuring or financial advice. A.M. Best's credit opinions are not recommendations to buy, sell or hold securities, or to make any other investment decisions.
A.M. Best receives compensation for interactive rating services provided to organizations it rates. A.M. Best may also receive compensation from rated entities for non-rating related services or products offered by A.M. Best. A.M. Best does not offer consulting or advisory services"
Be guided accordingly.
Note: Emphasis is ours