A unit of American Insurance Group Inc. is giving purchasers of AIG’s Polaris variable annuities an option they can use to choose from a menu of 77 different investment portfolios.
AIG Life & Retirement is making the long investment menu available through a new Polaris Income Plus Daily Flex feature.
(Related: Lincoln Financial, AIG Launch Fee-Based Annuities: Top Portfolio Products)
The new feature is aimed at consumers who are getting help from financial professionals, AIG says.