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ILTCP > Consumer Information > Insurance Companies Insurance Companies

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Companies with Indiana Partnership Long Term Care Insurance Policies (5/2012)

INSURANCE COMPANY TELEPHONE NUMBER *POLICY TYPES AM BEST MOODY'S STANDARD & POOR'S
Bankers Life and Casualty Co. 888-282-8252 TQ Comprehensive
TQ Facility-only
B Baa3 BB-
Genworth Life Insurance Co. 800-456-7766

TQ Comprehensive (Individual/Group)
TQ Facility-only

A A1 A
John Hancock Life Insurance Co. (U.S.A.)  800-377-7311 TQ Comprehensive A++ Aa1 AA+
Massachusetts Mutual Insurance Co. 800-272-2216 TQ Comprehensive
TQ Facility-only
A++ Aa1 AAA
State Farm Mutual Automobile Insurance Co. 866-855-1212 TQ Comprehensive A++ Not Rated AA

TransAmerica Life Insurance Co.

 800-227-3740

 TQ Comprehensive

 A+

 A1

 AA-

TQ = meets standards for federal tax breaks
Comprehensive = includes coverage for nursing facility care & home and community care

Your best resource for specific policy information is your certified Partnership agent.  You can call the insurance companies, to be referred to a Partnership agent.

(To report any problems you experience with the listed telephone numbers, please call the Indiana Long Term Care Insurance Program at 866-234-4582.)

Rating Scales and Definitions

A.M. Best

A++ Superior
A+
A     Excellent
A-
B++ Very Good
B+
B      Fair
B-
C++ Marginal
C+
C-
D
E     Under State supervision
F     In liquidation
S     Rating suspended

 

Rating Modifiers:

g     Group
p     Pooled
v     Reinsurance
u     Under review

Moody's Investment Service

Aaa    Exceptional
Aa      Excellent
A        Good
Baa    Adequate
Ba      Questionable
B        Poor
Caa    Very Poor
Ca      Extremely Poor
C        Lowest

 

 

 


Modifiers:
 

1 = High end generic category
2 = Middle of generic category
3 = Low end generic category

Standard & Poor's

Secure Range:
AAA   Superior
AA      Excellent
A         Good
BBB   Adequate
Vulnerable Range:
BB      May be adequate
B         Vulnerable
CCC    Extremely vulnerable

 

 


 


Modifiers:

Plus (+) or Minus (-): Relative standing within major rating category

Since company ratings can change, you are encouraged to check your local library or the internet for the most current ratings.