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AIG Sub Unveils VUL Product

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American General Life Insurance Company has introduced the Platinum Investors VIP life insurance policy.

American General Life, Houston, a unit of American International Group Inc., New York, will be distributing the flexible-premium variable universal life policy through an affiliate, American General Equity Services Corp.

The policy comes with an optional guaranteed minimum withdrawal benefit rider and a menu of 44 variable investment options.

American General Life is responsible for backing the product guarantees.