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Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
August 13, 2008 at 10:44 AM
A unit of American International Group Inc. is extending its line of Elite Global universal life products.
AIG American General, Houston, has introduced AIG Elite Global Plus and AIG Elite Global Survivor. Compared to AIG Elite Global index universal life, an earlier version of Elite, the new policies offer increased allocation options, greater case design flexibility, monthly index options, a no-lapse guarantee of 30 years or to age 90, and look-back illustrated rates, the company says.
Each version provides death benefit protection along with the opportunity to accumulate cash value through index interest crediting, partly based on the performance of 3 external financial indices. Index interest is credited automatically and the two best-performing indices are overweighted, the company says.
Allocation options include a 5-year or 1-year index account or a declared-interest account, with a guarantee the policy’s cash surrender value will never be less than premium accumulated at 3% interest, AIG American General says.
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