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(American Life InsuranceGuide News) – September 2018, 9, American International Group Corporation (NYSE: AIG) Announced the reduction of its Select-a-Term®️Term life insuranceThe rate of the product, which is determined byU.S. General Life Insurance Company(AGL) and American Life Insurance Company (US Life, New York area name) issued flagship regular products. The product feature of Select-a-Term®️ is that consumers have up to 18 coverage options to choose from. Nowadays, with the reduction of premiums, consumers of specific age groups and health ratings may benefit from this.
"September is AmericaLife Insurance CognitionThis is the best time for financial professionals to help clients, discuss their needs and help clients obtain protection,"AIG Life InsuranceCEO Rod Rishel said. "Select-a-Term®️ provides consumers and businesses with competitive prices and opportunities for customizable insurance policies by reducing premiums."
AGL and US Life currently have an insured amount of more than US$50Term life保费市场中处于领先地位。在全美范围内，近80％的Select-a-Term®️保费排名进入了前2位，86％Select-a-Term®️保费排名进入了前3位。在纽约，87％的Select-a-Term®️保费排名进入了前2位，90％的Select-a-Term®️保费排名进入了前3位。
Select-a-Term©️ is a term life insurance product that provides a unique fusion of flexibility and coverage. The coverage period is 10 years, 15 to 30 years or 35 years, and the insurance can be renewed up to 95 years old.
Comment on the American Life Insurance Guide:AIG InsuranceDoes its term life insurance (Term) announce a price cut, does it mean that the oldest Term insurance market has entered the era of price wars?Anyway, as more and more advancedInsurance Products和RiderWith the advent of the emergence of the market, competition in the market has become increasingly fierce. Either price cuts or upgrades for old products have become a reasonable approach.At the same time, the cost threshold is lowered again, which is more conducive to cultivating and educating the public's awareness of insurance, and is conducive to consumers.
