When it comes to whole life, I believe the first priority should be the stability of the company. Who knows when I will die...so I want a company that is built to last. I like the mutual model for this type of insurance because I believe the priorities are in order. It puzzles me that policyholders approved the switch to a stock (public) company for Pru & MetLife. I read somewhere that like 90% of policyholders approved the switch. The only purpose of issuing stock is to take on greater risk. Why would someone want greater risk on the insurance side? I can understand wanting a stock (public) company for Auto and Homeowners, where changing policies is easy...but for Life, LTC and Disability (and even Health) it doesn't make sense to me. Does anyone here have any reasons why someone would want a stock (public) life insurance company?