AIG Annuity Insurance Company Review
AIG offers fixed annuities and life insurance products.
AIG Annuity is a subsidiary of AIG, a Fortune 10 company and a global industry leader with more than 85 years of experience.
On their website AIG states that to achieve financial security for a comfortable quality of life during retirement depends on how well you plan and save while working, and how effectively you conserve your nestegg, money and assets during retirement.
AIG Annuity Insurance Company has helped Americans achieve financial security with innovative fixed annuity products for more than 50 years. AIG Annuity was one of the first insurance companies to develop fixed annuity products specifically for sale through banks, and has been a top provider of tax-deferred fixed annuities in this market for 12 consecutive years.
AIG Annuity has consistently received some of the highest ratings from independent nationally recognized insurance company rating agencies. They state that they have operated for 54 years without ever defaulting on an annuity contract. Licensed in 49 states and the District of Columbia, AIG Annuity products are built upon deep market knowledge and supported by the financial strength of AIG Annuity.
Annuity Benefits at a Glance
Safety of Principle
Tax Deferred Growth
A fixed annuity is an insurance contract that offers a fixed rate of return. It is a long-term, tax-deferred vehicle that can be used as a retirement income solution. The interest earned grows in the account tax-deferred until you decide to withdraw the funds, (withdrawals prior to age 59½ are subject to a 10% federal tax penalty). The insurance company guarantees both earnings and principal.
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What Does AIG Annuity have to Offer?
From their website ... www.aigannuity.com/aigaweb/
AIG Annuity Insurance Company is a well-established industry leader that can offer its clients security, reliability, and guaranteed financial growth and stability. Their annuity products conform to the highest standards of the insurance industry.
There are advantages and guarantees that an annuity from AIG Annuity can offer you:
• No up-front fees and competitive interest rates
• Free withdrawals of up to 15% each year
• Waivers are available for surrender penalties in the case of terminal
illness, extended care, activities of daily living (not available in
• We have operated for 54 years without ever defaulting on an1
• Safety of principal and a return of premium guarantee on most products
It is important to note that all guarantees are subject to the claims paying ability of the insurance company.
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