American General Life Insurance Company has introduced 5 more term periods for purchasers of a life insurance policy that gives customers an unusually long list of term choices.
American General Life, Houston, a unit of American International Group Inc., New York, says it now will offer term options of 31, 32, 33, 34 and 35 years through the AIG Select-a-Term policy.
Previously, the company was selling the policy with term options of 10 years, 12 years and any number of whole years from 15 years to 30 years.