For individuals who appreciate the safety and security features of life insurance but are looking for potentially better policy values, index interest universal life insurance could make an important contribution to their families’ financial security.
AIG Elite Global IUL® and AIG Elite Global IUL LTSM
If you are considering an index universal life insurance policy that provides death benefits, fixed interest, index interest and flexibility, then AIG Elite Global IUL and AIG Elite Global IUL LT insurance may be the right choice for you. The policies provide you an opportunity to accumulate cash value based in part on the performance of the S&P 500 Index1, the Dow Jones EURO STOXX 50® Index2 (Western Europe) and the Hang Seng Index3 (Hong Kong).4
Policy Benefits
- Death benefit protection
- Competitive values and charges
- Diversity of three external global indices
- index interest credited based on a five-year term with automatic overweighting to the two best-performing indices
- Flexible allocation choices including excess interest and/or index interest options
- Annual effective minimum guaranteed interest rate of 2.5 percent5
- Strength and experience of American General Life Companies Life Insurance Company (American General) in index interest universal life insurance market
- Issue ages range from 0 - 75
Talk to your Financial Services Professional
At American General, we strongly encourage you to talk to a financial services professional to decide whether AIG Elite Global IUL or AIG Elite Global IUL LT is right for you. Here are some questions you may want to discuss with your adviser:
- What are the advantages of an index interest universal life policy that offers the diversity of three global indices?
- How does automatic overweighting work to my advantage?
- What are the risks associated with this product?
- Why is it important to have the flexibility to allocate all or a portion of my premium to AIG Elite Global IUL’s fixed account option?
- How is American General rated by independent ratings agencies for financial strength?
You may also want to download the AIG Elite Global IUL and AIG Elite Global IUL LT
Consumer Guide
, which includes information on selecting the right life insurance policy, the benefits of index interest universal life insurance and key features of AIG Elite Global IUL and AIG Elite Global IUL LT.
Information for Financial Services Professionals
To request a producer guide and for information on selling AIG Elite Global IUL and AIG Elite Global IUL LT, please call 1-800-528-2011 ext. 2917.
1 “Standard & Poor‘s®,” “S&P®,” “S&P 500®,” “Standard & Poor’s 500” and “500” are trademarks of The McGraw-Hill Companies, Inc., and have been licensed for use by American General Life Insurance Company. AIG Elite Global IUL is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of purchasing this product.
2 The Dow Jones EURO STOXX 50® is the intellectual property of (including registered trademarks) Stoxx Limited, Zurich, Switzerland, and/or Dow Jones & Company, Inc., a Delaware corporation, New York, USA (“the Licensors”), which is used under license. Financial instruments based on the Index are in no way sponsored, endorsed, sold or promoted by the Licensors and neither of the Licensors shall have any liability with respect thereto.
3 The Hang Seng Index (the “Index”) is published and compiled by Hang Seng Indexes Company Limited pursuant to a license from Hang Seng Data Services Limited. The mark and name Hang Seng Index are proprietary to Hang Seng Data Services Limited. Hang Seng Indexes Company Limited and Hang Seng Data Services Limited have agreed to the use of, and reference to, the Index by American General Life Insurance Company in connection with AIG Elite Global IUL®/AIG Elite Global IUL LTSM (the “Product”), BUT NEITHER HANG SENG INDEXES COMPANY LIMITED NOR HANG SENG DATA SERVICES LIMITED WARRANTS OR REPRESENTS OR GUARANTEES TO ANY BROKER OR HOLDER OF THE PRODUCT OR ANY OTHER PERSON (i) THE ACCURACY OR COMPLETENESS OF ANY OF THE INDEX(ES) AND ITS COMPUTATION OR ANY INFORMATION RELATED THERETO; OR (ii) THE FITNESS OR SUITABILITY FOR ANY PURPOSE OF ANY OF THE INDEX(ES) OR ANY COMPONENT OR DATA COMPRISED IN IT; OR (iii) THE RESULTS WHICH MAY BE OBTAINED BY ANY PERSON FROM THE USE OF ANY OF THE INDEX(ES) OR ANY COMPONENT OR DATA COMPRISED IN IT FOR ANY PURPOSE, AND NO WARRANTY OR REPRESENTATION OR GUARANTEE OF ANY KIND WHATSOEVER RELATING TO ANY OF THE INDEX(ES) IS GIVEN OR MAY BE IMPLIED. The process and basis of computation and compilation of any of the Index(es) and any of the related formula or formulae, constituent stocks and factors may at any time be changed or altered by Hang Seng Indexes Company Limited without notice. TO THE EXTENT PERMITTED BY APPLICABLE LAW, NO RESPONSIBILITY OR LIABILITY IS ACCEPTED BY HANG SENG INDEXES COMPANY LIMITED OR HANG SENG DATA SERVICES LIMITED (i) IN RESPECT OF THE USE OF AND/OR REFERENCE TO ANY OF THE INDEX(ES) BY THE ISSUER IN CONNECTION WITH THE PRODUCT; OR (ii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES OR ERRORS OF HANG SENG INDEXES COMPANY LIMITED IN THE COMPUTATION OF ANY OF THE INDEX(ES); OR (iii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES, ERRORS OR INCOMPLETENESS OF ANY INFORMATION USED IN CONNECTION WITH THE COMPUTATION OF ANY OF THE INDEX(ES) WHICH IS SUPPLIED BY ANY OTHER PERSON; OR (iv) FOR ANY ECONOMIC OR OTHER LOSS WHICH MAY BE DIRECTLY OR INDIRECTLY SUSTAINED BY ANY BROKER OR HOLDER OF THE PRODUCT OR ANY OTHER PERSON DEALING WITH THE PRODUCT AS A RESULT OF ANY OF THE AFORESAID, AND NO CLAIMS, ACTIONS OR LEGAL PROCEEDINGS MAY BE BROUGHT AGAINST HANG SENG INDEXES COMPANY LIMITED AND/OR HANG SENG DATA SERVICES LIMITED in connection with the Product in any manner whatsoever by any broker, holder or other person dealing with the Product. Any broker, holder or other person dealing with the Product does so therefore in full knowledge of this disclaimer and can place no reliance whatsoever on Hang Seng Indexes Company Limited and Hang Seng Data Services Limited. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker, holder or other person and Hang Seng Indexes Company Limited and/or Hang Seng Data Services Limited and must not be construed to have created such relationship.
4 The policy owner does not purchase interests or otherwise directly participate in any stock market index, mutual fund, stock or other investment in securities.
5 Guarantees are subject to the claims-paying abilities of American General Life Insurance Company.
Policies issued by:
American General Life Insurance Company
A subsidiary company of American International Group, Inc. (AIG)
2727-A Allen Parkway, Houston, Texas 77019
AIG Elite Global IUL Policy Form Number 06444
AIG Elite Global IUL LT Policy Form Number 07444
The underwriting risks, financial and contractual obligations and support functions associated with products issued by American General Life Insurance Company (AGL) are its responsibility. AIG does not underwrite any insurance policy referenced herein. AGL does not solicit business in the state of New York. Policies and riders not available in all states.