Whether you’re looking for a quick no-exam policy or a permanent policy, AIG is an option worth considering. The company has a diverse range of policies, and its strong financial stability rating offers peace of mind that your family will be well-covered in the event of your death.
However, AIG update 2025 online quotes aren’t as quick as some competitors’, and its “Get a Quote” tool asks for your contact information before displaying a rate. The tool’s disclaimer also states that you’ll be contacted by an AIG in-house agent, which may not be ideal for some shoppers.
On the positive side, AIG has a good reputation for customer service and provides competitive pricing on their term life insurance products. It’s also one of the few providers to offer a guaranteed-issue whole life policy, which makes it easy for some applicants to get coverage with no medical exam.
AIG Life Insurance Pros and Cons: A Balanced Breakdown
In addition, AIG’s Select-A-Term policy allows new insureds to choose from 18 different initial term lengths up to 35 years and includes a return-of-premium rider that refunds all premium payments at the end of a policy’s term. Other options include a children’s rider and waiver-of-premium rider, which allow you to skip premium payments if you’re disabled or suffer from a terminal illness.
AIG’s permanent policies, such as whole life and universal life, provide lifetime coverage and come with a fixed premium. These policies can also build up cash value, and some offer the opportunity to participate in AIG’s profits through annual dividends.