Meaning of the word "insurance company rating" in English
What does "insurance company rating" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
insurance company rating
US /ɪnˈʃʊr.əns ˈkʌm.pə.ni ˈreɪ.tɪŋ/
UK /ɪnˈʃʊr.əns ˈkʌm.pə.ni ˈreɪ.tɪŋ/
Noun
1.
An assessment of the financial strength and stability of an insurance company, typically provided by independent rating agencies.
Example:
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Before choosing a policy, always check the insurance company rating to ensure financial stability.
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A high insurance company rating indicates a strong ability to meet policyholder obligations.
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