AIG Contracting & Appointment
American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG is one of the world’s largest life insurance organizations and serves more than 18 million customers across America.
Policies are issued by American General Life Insurance Company (AGL) except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life). Issuing companies AGL and US Life are members of AIG. In New York, filing in progress.
These are AIG's current policies and state availability for 2019.
AIG Guaranteed Issue Whole Life
AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD MI MN MO MS MT NC ND NE NH NJ NM NV OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY
Issue ages 50 to 85 (age last birthday). Face amount: $5,000 to $25,000; no medical exam, labs, or health questions and client can't be turned down for health reasons. Premiums are level and are guaranteed not to increase during the policy’s life.
Two-year Graded Death Benefit limitation: if death occurs within the first two policy years for any reason other than an accident, all premiums shall be paid to the beneficiary, plus 10% interest on earned premiums. If death is due to accidental causes, the full death benefit will be paid. After the two-year Graded Death Benefit period, if the insured dies for any reason, the full face amount of the policy shall be paid to the beneficiary.
Innovative Chronic Illness and Terminal Illness Accelerated Death Benefits are included at no additional charge. Exclusions and limitations can vary by state.