The purchase of life insurance coverage can be a major decision as it relates to your overall financial plan. One reason for this is because life insurance proceeds can mean the difference between loved ones being able to move forward financially or face financial hardship in the future.
The proceeds from life insurance coverage are received free of income taxation by the policy's beneficiary (or beneficiaries). This means that the recipient(s) can use 100% of the amount that is received for paying off large debts (such as a home mortgage) and replacing the insured's income that may be needed for continuing to pay everyday living expenses.
When choosing a life insurance plan, it is important that you determine the proper type and amount of coverage. Also, it is also essential to know about the financial strength and stability of the insurance company that you're buying the coverage through. That is because you will want the company to be there if or when a claim is filed. One insurance carrier that meets the financial strength criteria, and that is also known for having an appropriate method of paying out its policy holder's claims, is AIG.
AIG, or American Insurance Group, has been in the insurance industry for nearly 100 years - and it is now considered to be the largest insurance carrier in the world. Throughout its time in business, AIG has grown and expanded exponentially - and today, this company serves roughly 90 million customers, both in the business and the individual marketplace. These customers are located in numerous countries and regions around the globe.
This insurance carrier offers a broad range of wealth accumulation and protection products, which include life insurance, retirement planning solutions, property and casualty coverage, mortgage insurance, and aircraft leasing products.
AIG has received numerous accolades and awards, which include:
Due to its financial strength and stability, as well as to its reliable payout of its policy holder claims, AIG has received high grades from the insurer rating agencies. These include the following:
Also, even though American Insurance Group is not an accredited member of the Better Business Bureau (BBB), the company has been given a grade of A+ by the BBB. (This is on an overall grade scale of A+ through F).
Over the past three years, AIG has closed out a total of 72 customer complaints - of which 27 have been closed out within the previous 12 months. Of the total 72 complaints, 41 were in regard to problems with products and/or services, 17 were in regard to billing and/or collection issues, 8 had to do with delivery issues, 4 were in regard to problems with guarantee and/or warranty, and the other two had to do with advertising and/or sales issues.
There is a broad range of life insurance coverage that is provided by AIG. These include both term and permanent life insurance options, such as:
A term life insurance policy from AIG may be a good option for those who are seeking coverage for "temporary" needs. For instance, this could include paying off a 15 or 30-year mortgage, and ensuring that tuition costs for a child or a grandchild are paid in the future.
When considering a term policy from AIG, there is the Select-a-Term Policy, and the AG ROP Select-A-term. With the Select-A-Term plan, an insured can be covered for ten years, 15 years, or even for up to 35 years. In fact, this plan offers 18 different time periods, or terms, to choose from. Because of this, the plan can be essentially better customized for meeting a client's specific coverage needs.
The Select-A-Term policy is also fully convertible, meaning that this policy can be converted over into a permanent life insurance policy at any time, up until the end of the policy's level premium period, or up to the insured's age 70 - whichever of these events come first.
The conversion option on the Select-A-Term policy does not require that the insured take a medical examination to qualify, nor will he or she have to prove evidence of insurability to move forward with the plan's conversion.
AIG also offers the AG ROP Select-A-Term plan, where an insured can obtain life insurance protection and possibly receive their money back later. In this case, when the insured reaches the end of his or her level premium term - without a claim being incurred - they can have the option of receiving back their premium payments. These funds will be obtained tax-free.
The term life insurance that is offered by AIG can provide clients with affordable and fixed premium rates, as well as guaranteed death benefit throughout the entire level period. This can help with budgeting for insurance needs, as well as providing peace of mind to both the insured, as well as his or her loved ones. Perhaps you're looking for other quotes such as an Allstate life insurance quote. If so, we can help.
Also, to life insurance coverage, American Insurance Group (AIG) offers other protection alternatives, such as:
Also, AIG's private client group provides complete protection for successful individuals and families - and all that is important to them. This area of AIG provides tailored coverage, as well as world-class services that can help in reducing risk, and that can also maximize clients' safety.
AIG offers a range of different financial investments, too, which include the following:
Additional products that are provided through AIG include home loans.
If you are seeking the best premium quotes on AIG term life insurance coverage - or for any life insurance product - then it is typically recommended that you work in conjunction with an independent life insurance agency or brokerage. In doing so, you will be better able to view policy and price information, side-by-side, in an unbiased manner. From there, you will be able to choose the option that will work the best for you.
When you are ready to determine which life insurance product and price will be the best for you, we can help. We are an independent insurance brokerage, and we work with many of the top life insurance providers in the industry. We can help you to compare the top products quickly and conveniently, directly from your computer, and without you having to meet in person with a life insurance agent. If you are ready to begin, then just simply fill out our quote form.
Should you determine that you still have any questions or concerns regarding life insurance coverage, please feel free to reach out to us directly by phone. Our experts can be contacted toll-free by dialing 541-400-9040.
We understand that the purchase of life insurance coverage can be a bit overwhelming. There are so many variables to choose from - and you want to ensure that you are getting the proper coverage for your needs. Perhaps you're wanting to review other companies before you make your final life insurance purchase decision, check out our many reviews to help with your search, such as our AAA term life insurance review and our AARP Term Life Insurance Review. This process can be made a great deal easier when you have an ally on your side. So, contact us today - we're here to help.
If you're looking for a review of AIG Direct, you've come to the right
place, coming up. So AIG Direct is basically the marketing for Matrix
Direct. Matrix Direct is a call center that basically takes in calls
and gives quotes. The only problem is that AIG Direct is owned by
American General, which is a great life insurance company. However,
when you call AIG Direct, they're only going to quote you American
General Life Insurance quotes.
What's the problem with that? They may not have the best quote for
you. While American General is a great company and we work with them
for a lot of our clients, we're also very oftentimes able to beat
their prices in certain situations. So depending on your age,
depending on your health, depending on the type of policy that you're
looking for, there are many times that you can get better prices than
what AIG Direct and American General Life Insurance offers.
Also, if you're dealing with a preexisting condition, you want to make
sure that you're working with the right company. While AIG Direct or
American General will be great for some situations, they may not be
great for other situations. So while American General is a great life
insurance company and we work with American General, going to AIG
Direct is not your best option because you're only going to get one
quote from one company. You're not going to be able to compare the
marketplace.
You're also going to speak with a call center rep, who you're not
going to have a long-term relationship with. At chooseterm.com, you
get to work with me. I'm the founder of the company, and you get to
have a relationship. You get to have an expert that you work with
that's been in the industry and can help you find the best rates.
That's going to be there to answer your calls, work with you, and get
you the best rates, and also be there after the sale. When you have
questions, when you want to know what's the status of the policy, when
you have a question a year down the road, you're getting someone that
has experience that's been in the industry and not working with a call
center.
If you're looking for a life insurance quote and you're looking to get
a review of AIG Direct, well I will tell you, you can get a quote with
AIG Direct, but then you can also get a quote with all the other
companies. Come to us, chooseterm.com, or click the link below, or
give us a call and we'll be able to get you a comparison of AIG
Direct, American General's quote, along with 30 other companies to
make sure that we're giving you the best possible rates specifically
for you. Thank you.