Over 150.000 insurance professionals and consumers come to the Insurance Forum every month. Click here to register for FREE

Go Back   Insurance Forum > Insurance Agents and Brokers Forum > Life Insurance Forum

Reply to AIG "AGLA" Universal Life? Any good?     
Old 08-06-2008, 06:54 PM   #1
New Member
 
Join Date: Aug 2008
Posts:1
State: natu100 is an Insurance Agent from Undisclosed Location
AIG "AGLA" Universal Life? Any good? AIG "AGLA" Universal Life? Any good?
Can someone tell me if AIG life insurance is any good? I was aproach by a financial advisor telling me i need AIG or AGLA Accumulater Universal Life insurance. He say it good because of the ABR or living benefit? Can someone tell me more about this insurance.
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?

Old 08-07-2008, 11:18 AM   #2
Super Genius
 
Join Date: Oct 2007
Posts:104
State: fjman is an Insurance Agent from Undisclosed Location
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
I think you will find most life products have an ABR rider. I'm not a big fan of AIG simply because the company is performing lousy. I'm not really familiar with their products overall though.
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Old 08-07-2008, 05:13 PM   #3
Expert
 
Join Date: Jul 2007
Posts:49
State: thewold is an Insurance Agent from Undisclosed Location
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
I really like the AIG universal policies. I know most life policies have an ABR like terminal illness, but the AIG policies also have a critical illness rider with like 9 triggers and a chronic illness rider with the loss of 2 ADL. The first one I sold was to a good buddy of mine who was having a kid. We set it up to run like a term, for like 25 years gauranteed and like 50 at current rates. He is 29 and he got 235,000 for under 50 dollars. Didn't even have to do a paramed for a standard rating under 250K, just a mouth swab. Pretty quick turnaround.
The price was just about right in line with everyone else and he got the 3 ABR's to boot. He works a pretty high risk job as a diver, has a bad back, so if he ever gets seriously hurt and loses 2 ADL's, he could accelerate a portion of his death benefit to cover bills. In no way does it replace a good DI policy, but with his back and occupation, right now he can't afford a good policy so he has the life to atleast give him something.
Now the payout on the acceleration is probably no where near as high as the reduction in benefit, but when you need cash in a crisis and don't have any savings, the policy will really come in handy.
I like it. I know AIG might be losing money right now, but they have a big mess to clean up. They are a huge company and like a lot of the financials out there, they made some bad investment decisions along with a few other bad decisions. They will be fine though and in no way do I think they are in trouble.
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Old 08-11-2008, 04:35 PM   #4
Guru
Brokers Alliance on AIG "AGLA" Universal Life? Any good? - Insurance Forum
 
Join Date: Jul 2008
Posts:858
State: Brokers Alliance is an Insurance Agent from Arizona
Brokers Alliance is a Forum Sponsor
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
Personally, I like the AGLA FlexPro and FlexPro Plus products. Excellent UL products. I know some heavy-hitters and that is all they sell, B2B. I don't do that kind of selling, but they do and they are successful.
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?

Register Now for FREE!
To sign up for your FREE INSTANT account, please complete the form.

Username:
    Password:   Confirm Password:     E-Mail:   Confirm E-Mail:     
   
Question of the day:   What is the fifth letter of the word Insurance? I agree to forum rules 


Old 08-18-2008, 02:45 PM   #5
New Member
 
Join Date: Aug 2008
Posts:8
State: termchoice is an Insurance Agent from Undisclosed Location
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
spam
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Old 08-18-2008, 02:54 PM   #6
Expert
 
Join Date: Feb 2008
Posts:39
State: rawannam is an Insurance Agent from Undisclosed Location
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
Originally Posted by termchoice View Post
If you are and independent producer and want the highest paid commissions for AIG and Genworth with no production requirements please contact me at termchoice@aol.com
I guess you haven't had a chance to read the spam rules...
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Old 09-03-2008, 06:56 PM   #7
Super Genius
BiggitySwat on AIG "AGLA" Universal Life? Any good? - Insurance Forum
 
Join Date: Jul 2008
Posts:118
State: BiggitySwat is an Insurance Agent from Undisclosed Location
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
Originally Posted by BrokersAllianceAnnuities View Post
Personally, I like the AGLA FlexPro and FlexPro Plus products. Excellent UL products. I know some heavy-hitters and that is all they sell, B2B. I don't do that kind of selling, but they do and they are successful.
I am not too familiar with AIG products, but do know that I don't have much of a fondness for their P&C side

However, I really want to be armed with the very best UL/EIUL products, and I know AIG has a few "hitters." How would you compare the AIG UL products to the Aviva/Indylife and ING ULs, as far as :

1) Low fees
2) High interest rates for cash accumulation
3) Guarantees (NLG)
4) Riders that can help a client in need (like AB)
5) Flexibility
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Old 12-04-2008, 08:26 PM   #8
New Member
 
Join Date: Dec 2008
Posts:5
State: balcie4 is an Insurance Agent from Undisclosed Location
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
Everyone keeps mentioning AIG in reference to the Quality of Life Insurance line of products. This is not a line sold by AIG it is a line sold by American General Life and Accident (Nashville), AIG is merely a holding company collecting dividens from AGLA. The product was developed by the CEO of AGLA Jim Mallon. Most companies do offer ABR on Terminal Illness, but AGLA is the only company offering ABR's on Critical Illness, Chronic Illness, and Terminal Illness. As mentioned this is a good blanket of protection to have incase you did not want to dip into savings or had no savings in the event of a serious medical condition.
------------------------------------

Last edited by balcie4; 12-04-2008 at 08:36 PM. Reason: spelling
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Old 12-04-2008, 08:42 PM   #9
Guru
Mark on AIG "AGLA" Universal Life? Any good? - Insurance Forum
 
Join Date: May 2008
Posts:7,906
State: Mark is an Insurance Agent from Georgia
Send a message via AIM to Mark
Mark is a member of 5000 posts Super VIP club
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
Bottom Line. No matter what the truth is or how good the product is. No client is buying AIG right now. Damage is done. Everyone watched the news. It does not matter how good the product really is. I've talked to a lot of AIG agents. All of their policies are falling off the books. Clients are running from the AIG agents.

------------------------------------
Mark Rosenthal aka markingriffin
IMO/Ins Agent/Agent Trainer/Free Advice
rosenthalfiles@aol.com www.rosenthalfiles.com
Click Here to Join my Free Email Newsletter
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Old 06-25-2011, 07:39 PM   #10
New Member
 
Join Date: May 2011
Posts:1
State: yoya is an Insurance Agent from Ohio
AIG "AGLA" Universal Life? Any good? Re: AIG "AGLA" Universal Life? Any good?
Most people don't make the connection and can't understand how it's not an issue
------------------------------------
  Reply With Quote to AIG "AGLA" Universal Life? Any good?
Reply to AIG "AGLA" Universal Life? Any good? 

  Insurance Agent Forum > Insurance Forum > Insurance Agents and Brokers Forum > Life Insurance Forum


Tags
universal life




Similar Threads with AIG "AGLA" Universal Life? Any good?
Thread Thread Starter Forum Replies Last Post
Life Companies that do "bill direct" GP32765 Life Insurance Forum 21 08-31-2011 10:12 PM
AIG - "Quality of Life Insurance" AGLA Flexpro express Life Insurance Forum 17 12-05-2008 10:50 AM
Has anyone heard of "Nation's best benefits" from Standard Life out of Galveston? Todd King Individual Health Insurance Forum 2 09-10-2008 12:48 PM
Good "Blue Collar" carrier 1manshow Disability Insurance Forum 3 04-30-2008 10:01 PM



All times are GMT -5. The time now is 06:57 AM.

Forum enabled with vBulletin®
Copyright ©2000 - 2014, vBulletin Solutions, Inc.


Join the Forum - It's FREE

Share This Page



Weekly Poll

What is your main strategy for growing your insurance business ?