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AIG American General Life Insurance Review Pros And Cons


AIG, also known as the American International Group has been providing a vivid range of insurance products for a long time. The company does not only offer term life, but accidental, universal as well as whole policies to pick from. It is the tenth-largest insurance company in the whole United States and can be trusted easily. One of the most amazing insurance policies offered by AIG is the American General Life Insurance, which allows you to enjoy your life to the fullest without any worries about your loved ones after you.

Woman selling insurance

To help you understand this policy in a better way, below mentioned are some details for you to surf through quickly.

What Are The Pros Of AIG General Life Insurance?

A High Amount Of Coverage: Most of the insurance companies out there would cap your life insurance at a maximum of $1 million or even lesser. However, AIG allows you a greater amount of insurance. Subject to underwriting approvals, currently, AIG has been offering coverages of up to $10 million to take care of your family and your loved ones in case of an unfavourable incident.

No Medical Exam Requirements: Most companies make it mandatory for you to undergo a medical examination to avail of their insurance policies. However, based on your age and the policy selected, you may not be required to undergo a medical examination to take up a General Life Insurance from AIG. If you read this AIG Life Insurance Review further, you will get to know a lot more pros and cons.

Multiple Insurance Riders Option: AIG also allows you to add multiple riders to your insurance policy, enhancing your coverage as well as benefits over the long term.

Life insurance policy

What Are The Cons Of AIG General Life Insurance?

No Fixed Quotes Available: If you are planning to get yourself an insurance policy, you would not be able to get an exact quote through online means. You would have to get in touch with one of their executives who shall provide you with the quote only after going through all your requirements.

Bad Ranking: Based on various online platforms, AIG has not been able to provide its consumers with a satisfactory service. However, we would suggest not to go ahead based only on the online reviews. Try to get in touch with a consumer who shall be able to provide you with their first-hand experience with the insurance policy ownership. Read this AIG Life Insurance review to know the premium amount that you may need to pay.

What is the Premium that you would need to pay?

If you are planning to get yourself insured for $500,000 and you are a 30-year-old male, the premium that you may need to pay would be approximately $19.50, for a 20-year life insurance policy from AIG. However, for the same amount and same tenure, the premium may go as high as $32 for a 40-year-old male and $56 for a 50-year-old male. If you too have been planning to get yourself and AIG American General Life Insurance, the above-mentioned information would certainly turn out to be fruitful for you. However, do not forget to get into the minute details of each and every policy that you plan to buy to secure your loved ones for life.



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