American General Life insurance Company provides term life insurance, universal life, and index universal life insurance.
American General began operations in 1960, and was acquired by American International Group (AIG) in 2001.
American General Overview
- Company Overview
- Ratings Information
- Underwriting Review
- Product Information
- Consumer Approved Materials
- Client Login and Contact Information
American General Overview
As part of AIG’s Life Insurance Division,
American General is part of a group of companies providing life insurance protection since 1850.
Serving more than 12 million customers, and having paid out $39 billion in claims and benefits over the past 5 years.
American General Ratings Information
Independent Rating Services include:
Ratings as of 03/09/2018 and subject to change.
Our review of the best life insurance companies routinely includes AIG.
American General Life Insurance Underwriting
If you are looking for competitively priced term life insurance or universal life insurance,
American General offers competitively priced products to meet your life insurance needs.
Underwriting Rate Classes Available:
- Preferred Plus
- Preferred Non-Tobacco
- Standard Plus Non-Tobacco
- Special Non-Tobacco
- Preferred Tobacco
- Standard Tobacco
- Special Tobacco
American General Life Insurance High-Risk Expertise
American General is one of the few companies out there that base their substandard high-risk life insurance rates off of their “special non-tobacco” rate
This is a huge advantage as most companies use a more expensive “standard” rate for pricing.
High-Risk Life Insurance Expertise in these areas:
- Build
- Asthma
- Heart Disease
- Sleep Apnea
- Diabetes
- Anxiety, depression and mood disorders
- Ulcerative colitis
- Seizure Disorders
- Thyroid Cancer
- Melanoma In-Situ
- Truvada Medication
With any high-risk life insurance case, we shop out to multiple companies for feedback to ensure that you receive the best quotes possible.
American General Life Insurance Underwriting Credit Programs
Crediting programs offer the possibility of receiving a better underwriting rate class than you might normally receive. The benefit to you, of course, is a better price for your life insurance.
Underwriting credit programs include:
- Flex Credits Program – Introduced in 05/2019
- Lab Smart Scoring
Healthy Credits– replaced by Flex Credits ProgramPreferred Offsets– replaced by Flex Credits Program
Flex Credits Program – Was recently introduced to replace the Health Credits and Preferred Offsets programs. With the Flex Credits Program, you may receive a one Preferred Class upgrade or one Substandard Class improvement if you meet any 4 of the following factors.
- Normal Cardiac Workup
- Normal CT Scan
- A1c < 5.5
- LDL <100, Ratio of 5.0 or less
- BMI – 23-25
- BP 120/80 or better
- Normal Mammogram
- Good Exercise Capacity Test
- Normal Cardiac Catheter
- Normal Colonoscopy
- NT Pro-BNP<100
- Normal CBC
- Normal Carotid Ultrasound
- Normal Liver Functions
- Normal Prostate Exam
- Favorable Lab Risk Score
Special conditions may apply. Certain Flex Credits vary by age and credits may not be available for tests performed on younger individuals. All credits have additional requirements and time frame criteria required before they can be used to improve a rating.
Lab Smart Scoring looks at lab results from a mortality standpoint vs looking at the results to see if they are within the normal range. The result is that a Smart Score is developed based on all of your lab results, and the Smart Score may help you improve your underwriting offer.
Important to note is that these credits are automatically applied to your underwriting decision.
Life Insurance Products
You have a number of life insurance choices available with American General, including term life insurance, universal life insurance, index universal life insurance, accidental death insurance, and whole life insurance.
AG Select-A-Term
Term life insurance offered by American General includes their most popular policy, the “AG Select-A-Term” product line. The Select-A-Term offers a lot of features that other companies do not, including:
- Minimum Face Amount – $50,000
- Issue Ages – 20-80 years old (varies by term length)
- Choice of Term Lengths
- 10-year term
- 15-year term
- 20-year term life insurance
- 25-year term
- 30-year term life insurance
- 35-year term
- In addition, AIG offers term in one-year increments – ex 16,17,18, 19 – 30 years.
- Great Conversion Options – Including conversion credits
- Accidental Death Benefit
- Child Rider
- Terminal Illness Rider
- Waiver of Premium Rider
- High-Risk Underwriting through Table “H”
One of AIG’s biggest competitors is Banner Life who just introduced term insurance for 40-years, so it wouldn’t be surprising to see AIG offer this term length in the near future.
Consumer Approved Brochure – AG Select-A-Term Life Insurance
Guaranteed Acceptance Whole Life Insurance
AIG – American General Life Insurance Company offers a Guaranteed Acceptance Whole Life Insurance (GIWL) policy.
With this type of whole life insurance policy, there is no medical underwriting.
- Face Amounts from $5,000 – $25,000
- Issue Ages 50 – 80
- There are no health questions
- No medical exam required
- You can not be turned down for health reasons
- One Page Application
- Graded death benefit:
- Years 1 & 2 = 110% of premiums paid.
- Year 3+ is full face amount less any outstanding policy loans.
- Accidental Death – Full Face Amount
- In the Event of Suicide – Full Premiums Refunded
- Premiums are level and are guaranteed not to increase during the policy’s life.
- Replacements of existing insurance are not allowed.
- Chronic Illness Acceleration Benefit – Not available in all states
- Terminal Illness Benefit – Not available in all states
Guaranteed Issue Whole Life Insurance Quotes
Monthly Life Insurance Rates for Females Age 50-59
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 50 | $18.92 | $35.83 | $52.74 | $73.93 | $91.91 |
| 51 | $19.34 | $36.68 | $54.02 | $79.33 | $98.66 |
| 52 | $20.00 | $37.99 | $55.98 | $83.93 | $104.42 |
| 53 | $20.97 | $39.93 | $58.90 | $88.14 | $109.67 |
| 54 | $21.84 | $41.67 | $61.51 | $91.94 | $114.42 |
| 55 | $22.62 | $43.23 | $63.85 | $95.34 | $118.68 |
| 56 | $23.49 | $44.98 | $66.47 | $99.15 | $123.43 |
| 57 | $24.17 | $46.34 | $68.50 | $102.15 | $127.19 |
| 58 | $24.86 | $47.72 | $70.58 | $105.15 | $130.94 |
| 59 | $25.50 | $49.00 | $72.50 | $107.95 | $134.44 |
Monthly Life Insurance Rates for Males Age 50-59
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 50 | $26.96 | $51.92 | $76.89 | $101.85 | $126.81 |
| 51 | $27.36 | $52.73 | $78.09 | $103.45 | $128.81 |
| 52 | $27.82 | $53.63 | $79.45 | $108.75 | $135.44 |
| 53 | $28.22 | $54.44 | $80.66 | $114.96 | $143.20 |
| 54 | $28.68 | $55.36 | $82.04 | $120.36 | $149.95 |
| 55 | $29.45 | $56.90 | $84.35 | $125.17 | $155.96 |
| 56 | $30.27 | $58.55 | $86.82 | $128.77 | $160.46 |
| 57 | $31.00 | $60.01 | $89.01 | $131.97 | $164.46 |
| 58 | $31.65 | $61.31 | $90.96 | $134.77 | $167.97 |
| 59 | $32.10 | $62.21 | $92.31 | $136.78 | $170.47 |
Monthly Life Insurance Rates for Females Age 60 – 69
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 60 | $26.01 | $50.02 | $74.03 | $110.15 | $137.19 |
| 61 | $27.52 | $53.04 | $78.56 | $116.76 | $145.45 |
| 62 | $28.90 | $55.80 | $82.70 | $122.76 | $152.96 |
| 63 | $30.09 | $58.19 | $86.28 | $127.97 | $159.46 |
| 64 | $31.00 | $60.01 | $89.01 | $131.97 | $164.46 |
| 65 | $31.78 | $61.57 | $91.35 | $135.37 | $168.72 |
| 66 | $33.40 | $64.79 | $96.19 | $142.38 | $177.48 |
| 67 | $34.73 | $67.45 | $100.18 | $148.19 | $184.73 |
| 68 | $35.96 | $69.91 | $103.87 | $153.59 | $191.49 |
| 69 | $37.16 | $72.32 | $107.47 | $158.79 | $197.99 |
Monthly Life Insurance Rates for Males Age 60-69
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 60 | $32.58 | $63.17 | $93.75 | $138.18 | $172.22 |
| 61 | $34.77 | $67.54 | $100.31 | $148.39 | $184.98 |
| 62 | $36.97 | $71.94 | $106.91 | $157.99 | $196.99 |
| 63 | $39.08 | $76.16 | $113.24 | $167.20 | $208.50 |
| 64 | $41.10 | $80.21 | $119.31 | $176.01 | $219.51 |
| 65 | $43.05 | $84.15 | $125.23 | $184.61 | $230.27 |
| 66 | $44.81 | $87.63 | $130.44 | $192.22 | $239.78 |
| 67 | $46.33 | $90.66 | $134.98 | $198.83 | $248.03 |
| 68 | $47.75 | $93.49 | $139.24 | $205.03 | $255.79 |
| 69 | $48.99 | $95.98 | $142.96 | $210.43 | $262.54 |
Monthly Life Insurance Rates for Females Age 70-79
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 70 | $38.26 | $74.72 | $110.78 | $163.60 | $204.00 |
| 71 | $41.93 | $81.85 | $121.77 | $179.61 | $224.01 |
| 72 | $45.42 | $88.83 | $132.24 | $194.82 | $243.33 |
| 73 | $48.76 | $95.52 | $142.28 | $209.43 | $261.29 |
| 74 | $51.83 | $101.66 | $151.50 | $222.84 | $278.06 |
| 75 | $54.59 | $107.17 | $159.75 | $234.85 | $293.07 |
| 76 | $62.38 | $122.76 | $183.13 | $268.88 | $335.60 |
| 77 | $69.73 | $137.45 | $205.18 | $300.91 | $375.63 |
| 78 | $76.60 | $151.20 | $225.81 | $330.93 | $413.16 |
| 79 | $83.02 | $164.05 | $245.07 | $358.95 | $448.19 |
Monthly Life Insurance Rates for Males Age 70-79
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 70 | $50.09 | $98.18 | $146.27 | $215.24 | $268.55 |
| 71 | $54.59 | $107.17 | $159.75 | $234.85 | $293.07 |
| 72 | $58.99 | $115.98 | $172.96 | $254.07 | $317.09 |
| 73 | $63.12 | $124.24 | $185.36 | $272.08 | $339.60 |
| 74 | $66.97 | $131.95 | $196.92 | $288.90 | $360.62 |
| 75 | $70.28 | $138.55 | $206.83 | $303.31 | $378.64 |
| 76 | $81.97 | $161.93 | $241.89 | $354.35 | $442.44 |
| 77 | $93.20 | $184.41 | $275.61 | $403.39 | $503.74 |
| 78 | $103.98 | $205.96 | $307.95 | $450.43 | $562.53 |
| 79 | $114.31 | $226.62 | $338.93 | $495.46 | $618.83 |
Monthly Life Insurance Rates for Females Age 80-85
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 80 | $88.71 | $175.42 | $262.13 | $383.77 | $479.22 |
| 81 | $90.69 | $179.39 | $268.08 | $392.76 | $490.45 |
| 82 | $92.83 | $183.66 | $274.49 | $402.46 | $502.57 |
| 83 | $95.83 | $189.65 | $283.48 | $415.92 | $519.39 |
| 84 | $98.17 | $194.33 | $290.49 | $426.51 | $532.63 |
| 85 | $100.53 | $199.06 | $297.59 | $437.18 | $545.98 |
Monthly Life Insurance Rates for Males Age 80-85
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
| 80 | $124.22 | $246.44 | $368.66 | $538.70 | $672.87 |
| 81 | $127.59 | $253.19 | $378.78 | $553.79 | $691.74 |
| 82 | $131.19 | $260.38 | $389.57 | $569.87 | $711.84 |
| 83 | $145.08 | $288.16 | $431.23 | $631.29 | $788.61 |
| 84 | $151.97 | $301.93 | $451.90 | $661.90 | $826.87 |
| 85 | $158.91 | $315.82 | $472.73 | $692.70 | $865.38 |
The application process is a simple online process that may completed in about 15 minutes. This is a great life insurance policy for high risk health issues when looking for a small policy.
Secure Lifetime GUL 3
Guaranteed universal life insurance is available with the Secure Lifetime GUL3. The death benefit is guaranteed regardless of the policy’s cash values, assuming that you have paid the required premiums.
- Minimum Face Amount – $100,000
- Issue Ages – 18-80
- Policy Loans against the cash value
- Cash value withdrawals may be available after 5th year.
- Accidental Death Rider
- Child Insurance Benefit Rider
- Enhanced Surrender Value Rider
- Accelerated Access Solution Rider
- Lifestyle Income Solution Rider
- Spouse/Other Insured Term Rider
- Terminal Illness Rider
- Waiver of Monthly Deduction Rider
Consumer Approved Brochure – AG-Secure-Lifetime-GUL3
Elite UL
Universal life insurance protection that allows the tax-deferred accumulation of cash values that may be used in future years towards supplemental retirement planning, college funding or cash emergencies.
- Minimum Face Amount – $100,000
- Issue Ages – 18-90
- Choice of Level or Increasing death benefit
- Policy Loans against the cash value
- Cash value withdrawals after year 1 may be available
- Accidental Death Benefit Rider
- Children’s Insurance Benefit Rider
- Spouse/Other Insured Rider
- Terminal Illness Rider
- Waiver of Monthly Deduction Rider
- Waiver of Monthly Guaranteed Premium Rider
- Maturity Extension Rider
- Overloan Protection Rider
Important to note about universal life insurance policies such as the AG Secure Lifetime GUL3 or the AG Elite Universal Life policies, is that full illustrations are available for each product.
The illustrations are important and required as the illustrations provide some insight as to how your premiums provide guaranteed and non-guaranteed features important to each type of policy.
You have a lot of choices with AIG, and we’ll help you determine what type of life insurance and how much life insurance you need.
Request your free, no pressure, no-obligation quote today.
American General Client Access
American General online access provides you with existing life insurance policy information.
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Company Information:
American General Life Insurance Company
2727-A Allen Parkway
Houston, Texas 77019
NAIC #60488
Policies 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 responsible for the financial obligations of insurance products and are members of American International Group, Inc. (AIG). Products may not be available in all states and product features including rates may vary by state. Guarantees are backed by the claims-paying ability of the issuing insurance company.
Michael J Horbal
I’m the owner of RiskQuoter. We specialize in life insurance underwriting, helping you get the best rates whether you have perfect health or a history of medical problems.
Last Updated – January 30, 2021