AIG Whole Life & Guaranteed Issue Final Expense

  • SimpliNow Legacy
  • Guaranteed Issue Whole Life

Company Description

For nearly one hundred years, AIG has faced and managed complex risks; and provided the risk expertise and financial strength that empowers clients in more than 80 countries and jurisdictions. Today, AIG organization is evolving to better meet our clients’ needs.

Product Description

SimpliNow Legacy Whole Life provides clients with coverage in as little as 20 minutes! Our simple electronic application (eApp) makes it easy with 100% of all underwriting decisions at the point of sale.

Safeguard your commission by aligning premium payments to Social Security deposits.

  • eApp will automatically select the draft day based on your client's birthdate or you can override to a different date
  • Option to choose credit card or bank draft for the initial payment and then recurring payments based on your client’s Social Security benefit deposit schedule
  • Clients can rely on perfectly timed premium payment dates

AIG’s Guaranteed Issue Whole Life is a simple, affordable, benefit-packed product that will help you serve more clients, faster in the final expense market.

It provides permanent protection with no medical exam for up to $25,000 in coverage, guaranteed, and comes packaged with innovative accelerated death benefit riders at no additional charge.


Top 10 Reasons to Sell AIG's Guaranteed Issue Whole Life Product:

1. Competitive prices vs. other products GIWL has a 2 year graded death benefit, and level pay premium structure with up to a $25,000 face amount that includes two accelerated death benefit riders.


2. Attractive commission- This competitive product offering for your client is also priced with a $24 annual commissionable policy fee for you.


3. Guaranteed Issue...No medical exam; No bad news to share with your clients because they can’t be turned down. GIWL is guaranteed ages 50 – 85.


4. Superior eApp system; Easy to use, device-responsive (cellphone, tablet, laptop, etc.) process that validates all client and payment information in real-time – never any incomplete applications or payments, and the policy number is issued instantly upon submission.


5. Save time from app to submission- Most cases complete in under 15 minutes and require only four simple steps.


6. Bonus riders included; Chronic and Terminal Illness accelerated death benefit riders* built into product at no up-front cost to client.


7. Strength and reliability of AIG; They have been in business for 160+ years, and most notably have collectively paid out over $39 Billion in claims and benefits in the past five years.


8. Tax free benefits; Clients know up front how much their loved-ones are really getting because under current federal law, the death benefit is not subject to federal income tax.


9. Premiums will never go up; Level-pay premiums that are guaranteed never to increase for the life of the policy – a perfect fit for your budget conscious senior clients.


10. Product builds guaranteed cash value; Put your client’s mind at ease, not only does their policy build cash value, but the owner may surrender this policy for its net cash anytime.


Learn more about selling Guaranteed Issue Final Expense Whole Life with AIG. PSM offers an array of the most competitive Life Insurance companies along with suggestions on Final Expense Lead Vendors and the most effective way to sell Senior Life products. No other Senior Marketing Organization offers the level of service and support you will find at PSM.


Policies issued by: American General Life Insurance Company (AGL), Policy Form Numbers 11120, 07120, 05130, 04120 and 12100. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). AGL does not solicit business in the state of New York. Products may not be available in all states and product features may vary by state. Guarantees are backed by the claims-paying ability of the issuing insurance company.



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