Is Sears Life Insurance A Good Company?

Sears Life Insurance was a subsidiary of Sears, Roebuck and Company, a department store chain that was founded in the late 1800s. Sears Life Insurance was primarily a provider of term life insurance policies, which provide coverage for a specific period of time, typically 10, 20, or 30 years. In 2005, Sears, Roebuck and Company was acquired by Kmart Holdings Corporation to form Sears Holdings Corporation. As part of this acquisition, Sears Life Insurance was sold to MetLife, a leading insurance provider with a long history of financial stability and customer satisfaction. As a result of this acquisition, Sears Life Insurance is no longer in operation as a standalone company. However, policyholders who had life insurance policies with Sears Life Insurance at the time of the acquisition were transferred to MetLife, which assumed responsibility for these policies. MetLife is a well-established insurance provider with a strong reputation for financial stability and customer service. The company offers a wide range of life insurance products, including term life insurance, permanent life insurance, and group life insurance. In addition to its life insurance offerings, MetLife also provides other insurance products such as auto insurance, home insurance, and disability insurance. When choosing a life insurance provider, it's important to consider several factors beyond just the reputation of the company. Some important factors to consider when selecting a life insurance policy include:

• Your financial goals and needs
• The coverage amount and duration of the policy
• The premium cost and payment frequency
• The company's financial strength and credit rating
• The policy's exclusions, limitations, and riders
• The company's customer service and claims handling reputation
• The availability of additional benefits or discounts

Comparing quotes and policy options from multiple providers can help you find the best coverage at the most affordable price. It's important to carefully review each policy's terms and conditions before making a decision to ensure that you are getting the coverage that best meets your needs.