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AIG Life Insurance

AIG (American General Life) Lowers Premium Rates On Term Insurance in 2016 Review

AIG (American General Life) Lowers Premium Rates On Term Insurance- Good Option for 2016 In an effort to remain more competitive in 2016, AIG-American General Life lowered the rates on their term life insurance.  AIG had raised their rates in 2012, but to regain market share, lowered them in the first quarter of 2013. How Competitive Is AIG? With the rate reduction, their premiums now rank among the best in the industry for certain segments, especially on coverage amounts of $500,000 and up, and on the 20 and 30-year term. Example: 44-year-old male, premier (preferred plus) health class, $500,0000 is […]

AIG Direct Review

by Scott G on November 12, 2012

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AIG Life Insurance Review American International Group, Inc. (AIG) the multinational insurance company that was famously bailed out by the Federal Reserve in 2008, announced Sunday of further rebranding and use of the AIG name for its core insurance units. The ill-fated decision made by AIG to expand into the credit default swap market caused the company to collapse.  AIG then received a total of $182 billion in bailout funds, making it the largest federal bailout in U.S. history. However, the company is quickly shedding its stigma from the 2008 financial crisis and has returned to profitability.  Fast forward 5 […]