Overview
| AM Best Rating | A (Excellent) |
| Full Name | American General Life Insurance (subsidiary of AIG) |
| Founded | 1919 (AIG); 1960 (Am. General) |
| HQ | Houston, Texas |
| Best For | Seniors ages 50–80, guaranteed issue, complex health |
Pros & Cons
- ✅ Strong guaranteed issue and graded benefit options for ages 50–80
- ✅ Accepts higher A1C than most carriers for Type 2 diabetics
- ✅ Good rates for seniors age 60–75
- ✅ Select-a-Term allows any term from 10–35 years
- ✅ Available in all 50 states
- ❌ AM Best "A" — not A+ like top competitors
- ❌ Not the cheapest option for healthy young applicants
- ❌ Customer service can be slow
- ❌ Complex product line requires broker guidance
2026 AIG Rate Samples
| Age | $250K, 20yr (M) | $500K, 20yr (M) | GI Whole Life ($15K) |
|---|---|---|---|
| 35 | $18/mo | $28/mo | N/A |
| 45 | $39/mo | $64/mo | N/A |
| 60 | $108/mo | $178/mo | $58/mo |
| 70 | N/A (10yr) | $298/mo (10yr) | $89/mo |
| 75 | N/A | N/A | $128/mo |
AIG Guaranteed Issue Life Insurance
AIG's guaranteed issue whole life insurance accepts anyone ages 50–80 with no health questions. Key features:
- Coverage: $5,000–$25,000
- No medical exam, no health questions
- 2-year graded benefit (premiums + 10% if death in first 2 years)
- After 2 years: full death benefit pays
- Rates locked in for life
Best for: seniors with serious health conditions who can't qualify for traditional coverage.
Our Verdict
Best for seniors and applicants with complex health history. For healthy 25–45 year olds, Protective or Transamerica usually offer lower rates. But for ages 55–80, diabetics with higher A1C, or anyone who needs guaranteed acceptance, AIG is a strong option.