Genworth, parent company of American Continental and Continental Life, is now owned by one of the largest insurance companies in the country, Aetna. Recently, on the offshoot of the recent purchase by Aetna of Genworth, A.M. Best upgraded Genworth’s Medicare Supplement companies (American Continental and Continental Life) to an ‘A’ rating. They were previously an ‘A-’.
A.M. Best is the independent rating service that rates the financial strength of insurance companies. Ratings are based on financial strength and stability and in no way reflect any input from consumers or reflect claim payment information, etc. However, since Medicare Supplement plans are completely standardized by the Federal Government, claims from all companies are paid through the Medicare “crossover” system. So there is no variation from one company to the other, as far as how fast or when they pay claims.
Genworth’s Medicare Supplement companies were a great choice for Medicare Supplement insurance before the recent upgrade; however, after the upgrade, they are an even more attractive choice.
American Continental and Continental Life are competitively priced in many states, including Arizona, Iowa, South Carolina, North Carolina, Pennsylvania, Wyoming, Montana and many more.
To get Medicare supplement information or to get a Medicare Supplement comparison, please visit us online or call us at 877.506.3378.
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