AIG American General Life Insurance Company has introduced a variable universal life policy that offers a variety of benefits not available with the company’s existing VUL products.
Another version of the new AIG Income Advantage Select policy will be issued by U.S. Life Insurance Company, New York.
Both AIG American General and U.S. Life are subsidiaries of American International Group Inc., New York.
Product features include death benefit guarantees and a choice of 47 managed investment options.