Everything you want to know about American General is here. American General was part of AIG Life and Retirement, which has recently rebranded as Corebridge Financial in 2022. Corebridge and Corebridge Financial are
marketing names used by American General and U.S. Life. The life insurance policies are still being issued by American General Life Insurance Company, and The United States Life Insurance Company in New York. They have been providing life insurance protection since 1850. American General is one of the many life insurance companies we offer at RiskQuoter. Ratings as of 07/16/2021 and subject to change. AIG companies have been there to pay claims with $52 billion in revenue and nearly $596 billion in assets as of December 2021. They have paid more than $47 billion in claims over the past five
years alone. AIG-American General has a good track record of being there when families need them. As a comparison, New York Life Insurance Company has $700 billion in assets under management. American General makes it easy to apply for a term or universal life insurance using their AG Quick
Ticket. It’s an e-application process where you provide us with some basic information. We submit everything to the home office, and underwriting will call you to complete a phone interview. American General will schedule a paramedical exam if it is required. Upon approval, your policy will be e-delivered for review and acceptance. American General term life insurance policies often rank in the top 3 for best-priced policies to meet your needs. AIG recently introduced Agile Underwriting (AU+) for permanent life insurance products. With Agile Underwriting, insureds aged 50 and younger can receive up to $1,000,000 coverage with no paramedical exam required. How Does American General Underwriting Work?American General has a set of underwriting guidelines that are used to determine what rate class they will offer you. Underwriting Rate Classes Available:
Underwriting Credit ProgramsCrediting programs offer the possibility of receiving a better underwriting rate class than you might typically receive. The benefit to you, of course, is a better price for your life insurance. Underwriting credit programs include:
Flex Credits Program – This was recently introduced to replace the Health Credits and Preferred Offsets programs. With the Flex Credits Program, you may receive one Preferred Class upgrade or one Substandard Class improvement if you meet 4 of the following factors.
Special conditions may apply. Certain Flex Credits vary by age, and credits may not be available for tests performed on younger individuals. All credits have additional requirements and time frame criteria before the insured can use them to improve a rating. Lab Smart Scoring looks at lab results from a mortality standpoint vs. looking at the results to see if they are within the normal range. The result is that a Smart Score is developed based on all of your lab results, and the Smart Score may help you improve your underwriting offer. Important to note is that these credits are automatically applied to your underwriting decision. American General High-Risk ExpertiseAmerican General is one of the few companies that base their substandard high-risk life insurance rates on a “special non-tobacco” rate. This is a huge advantage as most companies use a more expensive “standard” rate for pricing. High-Risk Life Insurance Expertise in these areas:
With any high-risk life insurance case, we shop out to multiple companies to ensure you receive the best quotes possible. Types of Policies AvailableYou have several life insurance choices available with American General. Term life insurance, universal life insurance, index universal life insurance, accidental death insurance, and whole life insurance are available. AG Select-A-Term Term life insurance offered by American General includes their most popular policy, the “AG Select-A-Term” product line. The Select-A-Term offers many features that other companies do not, including:
Consumer Approved Brochure – AG Select-A-Term Life Insurance Guaranteed Acceptance Whole Life InsuranceAIG – American General Life Insurance Company offers a Guaranteed Acceptance Whole Life Insurance (GIWL) policy. This type of whole life insurance policy has no medical underwriting.
The application process is online and takes about 15 minutes. This policy is an excellent life insurance policy for high-risk health issues when looking for a small policy. Guaranteed Issue Consumer Brochure Depending on your health, we would also compare this to small whole-life policies offered by Foresters or Great Western Insurance Company. Secure Lifetime GUL 3Guaranteed universal life insurance is available with the Secure Lifetime GUL3. The death benefit can be guaranteed regardless of the policy’s cash values, assuming you have paid the required premiums.
Consumer Approved Brochure – Secure Lifetime GUL 3 Max Accumulator+ II Index Universal LifeIndex universal life insurance protection allows the tax-deferred accumulation of cash values. Cash values may be used for supplemental retirement planning, college funding, or cash emergencies in future years.
Consumer Brochure for Max Accumulator+ II The Max Accumulator+ II index universal life policies have full illustrations for each product. The illustrations are essential as they offer insight into how your premiums provide guaranteed and non-guaranteed features important to each type of policy. Value+ Protector II Index Universal Life InsuranceValue+ Protector II index universal life insurance protection offers value-priced life insurance with volatility control and cash value access. Highlights include:
Consumer Brochure for Value+ Protector II You have many choices with AIG, and we’ll help you determine what type of life insurance and how much life insurance you need. Request your free, no pressure, no obligation quote today. Does American General Provide Good Customer Service?American General has good customer service and is available via phone or their online portal. You may reach American General at 800-888-2452 with questions about your policy. You may also access policy information online. American General login – Client Access (a new window will open) Address: 2727-A Allen Parkway – Houston, Texas 77019 ConclusionAmerican General Life Insurance Company is an excellent carrier for your life insurance. Please submit your quote request today. We’ll provide you with quotes from American General and competitors so you may see which company is best for you. Thank you. Other Companies Reviewed Policies are issued by American General Life Insurance Company (AGL) except in New York, where they are issued by The United States Life Insurance Company in the City of New York (US Life). Issuing companies AGL and US Life are responsible for the financial obligations of insurance products and are members of American International Group, Inc. (AIG). Products may not be available in all states, and product features, including rates, may vary by state. Guarantees are backed by the claims-paying ability of the issuing insurance company. Michael J. HorbalOwner of RiskQuoter Too many people overpay for life insurance because they end up with the wrong life insurance company, agent, or both. That’s why I started RiskQuoter – To help you get the best life insurance rates available. As an independent insurance agent, I’m licensed in all 50 states and the District of Columbia and offer 40+ life insurance companies to ensure you get your best rate! By Michael Horbal – updated on – 10/08/2022 Is AIG the same as American General life insurance?American General is a subsidiary of American International Group (AIG).
How do I contact the American general?American General Life Insurance Company. American General Life Insurance Company.. Parent Company: AIG Life Group.. Houston, TX.. (800) 521-2773.. Claims:. Claims:. Services: Go to Website (Services). Who bought out American General life insurance?American International Group Inc. reached an agreement to acquire American General Corp. , officially trumping an earlier bid by Britain's Prudential PLC and tilting the operations of AIG, a property-casualty powerhouse, more toward the life-insurance and retirement-savings business.
Is American General life insurance a good company?It is one of the most highly-rated life insurance providers in the nation. Garnering above-average ratings from all four financial strength agencies, AIG offers affordable rates as well as flexible premium and benefit packages.
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