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Presidential Life Ratings and Company Information
Best Insurance Reports: B+
Url of page where rating was collected: Click Here to Visit
Best Rating: A.M. Best rating: B+ (very good)
Type of Insurance Company: Stock
Name of Parent Company:
Company History: Founded 1965 in Rockland County, NY. Founder has served as Chairman for over 30 years.
Principle Sales Methods: Independent agents and brokers.
Life Annuity Business: Presidential Life offers its Graded Benefit Whole Life policy to individuals who may be otherwise uninsurable; it also sells Deferred and Immediate Annuities.
Special Business: Presidential Life sells Special Annuities, such as Terminal Funding and Rated or Substandard Annuities.
Company Financial Status:
Ticker Symbol: PLFE (NASDAQ)
Assets & Premiums: Assets: $4.3 billion
Prtemiums: $250+ million
S&P rating: BB
Lines of Insurance:
States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY