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AMERICAN GENERAL LIFE INSURANCE COMPANY

American General Life Insurance - AIG
Members of American International Group, Inc.
2727 Allen Parkway, Suite 290
Houston, TX 77019


 
 ABOUT AMERICAN GENERAL LIFE INSURANCE COMPANY

American International Group, Inc. (AIG) is the world’s leading international insurance and financial services organization, with operations in approximately 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG’s global businesses also include financial services, retirement services and asset management. AIG’s financial services businesses include aircraft leasing, financial products, trading and market making. AIG’s growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG’s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

 


 
 FINANCIAL RATINGS
A.M. BEST A++ Superior by A.M. Best Company, highest of 13 ratings for financial strength (as of 11/06/2003)
S&P AAA Extremely Strong by Standard & Poor's, highest of 22 ratings for financial strength
Fitch AA+  
The above ratings represent the current independent opinions of the respective rating agencies as to the insurance company’s ability to pay, or likelihood of timely payment of, policyholder and contractholder obligations. The ratings do not represent a guaranty or warranty of an insurer’s financial strength, security, or ability to meet its obligations. Ratings may be changed, suspended or withdrawn as a result of changes in circumstances.


 
 POLICY DESCRIPTION

The LTG Ultra-30 provides a level death benefit term to age 95. Current premiums are guaranteed level for the first 30 policy years. LTG Ultra Policy form #: LTG-2000AG   LTG UltraC Policy form #: LTG-C01AG



 
 CONVERSION FEATURE

The conversion period is that period prior to the earlier of the level premium paying period or the attainment of age 75.



 
 AVAILABLE OPTIONS
Spousal Discount Not Available
Childrens Insurance Coverage expires on the child's 25th birthday or at the insured's age 65, whichever is earlier. American General Life will issue 1-10 units of coverage for children up to age 19. Each $1,000 of coverage costs $5.50 per year when the insured is ages 18-50 and $8 per year when the insured is ages 51-55. The cost is either $5.50 or $8 for each $1,000 of coverage regardless of the number of children covered.
Accelerated Death Benefit Availability Varies By State
Waiver of Option Issue ages 20-55.
Accidental Death Option Not Available
 

 

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