AM Best Affirms Funeral Directors Life’s Financial Strength Rating of A- (Excellent)

Abilene, TX – Funeral Directors Life Insurance Company (FDLIC) and its subsidiary, Kentucky Funeral Directors Life (KFDLIC), recently had its Best’s Financial Strength Rating (FSR) of A- (Excellent) affirmed with a “stable” outlook by AM Best, a full-service credit rating agency for the insurance industry. This rating affirmation on Oct. 8, 2020 marks the 14th consecutive year that FDLIC has received this rating.

“We are incredibly proud to have our FSR rated A- (Excellent) by AM Best for another year in a row, particularly in a year of disruption caused by COVID-19,” said Kris Seale, President and CEO of Funeral Directors Life. “Our customers and policyholders are essential, and we are committed to providing them with the best, most-respected service, every day.”

AM Best analyzes an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. Best’s credit ratings are based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance, enterprise risk management, and business profile.

“Funeral Directors Life’s capital and surplus position has increased steadily in recent years,” reported AM Best. “FDLIC’s asset/liability management (ALM) program is strong, allowing the company to benefit from a good combination between predictable liability cash flows and investing in longer-term assets. FDLIC has no financial or reinsurance leverage, contributing to a very strong balance sheet.”

“Beyond preneed, Funeral Directors Life also provides customers with other value-added services such as mortgage lending and marketing services,” AM Best added. “The company benefits from good market share in the industry and extensive expertise in the funeral home business.”

“Excellence at every level of our company is important,” continued Seale. “While we take a conservative approach to investing assets, we take a progressive and innovative approach to creating valuable services that help our clients grow and succeed in a rapidly changing marketplace. We’re honored that AM Best recognizes our commitment to doing what is best for our clients, policyholders, and for our industry as a whole.”

About Funeral Directors Life

Funeral Directors Life, which has a Best’s Financial Strength Rating of A- (Excellent), is a legal reserve life insurance company which specializes in the sale of insurance-funded preneed funerals. Funeral Directors Life is a wholly-owned subsidiary of Directors Investment Group (DIG). For more information about Funeral Directors Life, please visit

About AM Best

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. AM Best rating services assesses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide. Their credit ratings are independent, indicative and interactive, and summarize their opinion on an insurance company’s ability to pay claims, debts and other financial obligations in a timely manner. AM Best’s commentary, research and analysis provide additional insight.

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