5 Annuity Companies To Avoid

Page 5 of 5

1. Colorado Bankers Life Insurance Company

AM Best Rating: E

Comdex Score: N/A

Colorado Bankers Life Insurance Company, based in Durham, North Carolina, has the lowest A.M. Best rating on our list. It was founded in 1974.

The company’s rating fell so drastically after a court decision in 2019 put it in rehabilitation. It provides individually underwritten supplemental coverages and annuities for employer-sponsored, government, and individual marketplaces.

See also 11 Best Insurance Brokerage Stocks To Buy Now and 20 Biggest Reinsurance Companies in the World.

Page 5 of 5