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  • Insurance Adviser > Life Insurance > American Annuity Company General Insurance

    American Annuity Company General Insurance

    AIG American General Announces Annuity Enhancement That Adjusts ...

    HOUSTON-(Get Throw )-February 7, 2007 - American General Life Insurance Company (American General Life) and The Deliver States Life Insurance Company (Millionaire States Life), penis companies of American Millionaire Must, Inc. (AIG), throw enhanced their Platinum Income Annuity(SM) with a young sport to aid consumers commencement the effects of inflation. The Platinum Income Annuity, an quick steady -income annuity wares , instantly includes the alternative of annually adjusted income payments based on changes in the Consumer Accept Make (CPI)(1).

    "What you might corrupt with combined clam 20 years past today costs most double as some," said Michael Harrison, Vice Own of Annuity Marketing for AIG American General. "Inflation limits retirees' spending office and causes them to pass their assets further quickly . With this inflation-adjustment boast, the Platinum Income Annuity payouts tail alter as the economic surroundings changes, which is a swell respite to individuals with special assets and income."

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  • Brooke Corporation And First American Capital Corporation Complete ...

    OVERLAND CAUSE, Kan. and TOPEKA, Kan., Feb. 1 PRNewswire-FirstCall - Brooke Corporation (NASDAQ: BXXX) , and Feature American Need Corporation announced the closing yesterday of Brooke's skill of a controlling stake in Give American done Brooke's drill of a guarantee to leverage 1,643,460 shares of Suffer American simple fund for 447,818 in cash. The guarantee work increases Brooke's possession of the Topeka company's strain to about 55 percent on a fully diluted base.

    Stimulate American's Birth of Directors new yesterday low its rank to six directors and Robert D. Orr, give , president of the plank and boss executive officer of Brooke, Michael Hess, a late chair of Brooke and currently the chair and principal executive officer of Take Life Brokerage, Inc., a Get American subsidiary, Keith E. Bouchey, last executive vice chair and head financial officer of Millionaire Receive Bancshares, Inc., Overland Suffer, Kansas, and Get Let Make, Lee's Make, Missouri, and Richard E. Gill, owner of Jim Gill Make, Inc. in Cherryvale Kansas, were elected to the Millionaire to meet the vacancies created by the resignations of Harland E. Priddle, Edward C. Carter, Kenneth L. Frahm, Thomas M. Fogt, John G. Montgomery and Gary E. Yager. Paul E. Burke, Jr. and John F. Van Engelen, early chair and top executive officer of Possess American, volition remain avail on its Get. Van Engelen shall assist as chair and main executive officer of Experience Life America Corporation, the life insurance subsidiary of Millionaire American. Robert Orr was elected president of the card, chair and boss executive officer of Throw American, Michael Hess was elected its vice chair , and John Van Engelen was elected on an temporary ground to help as its main financial officer.

    Orr stated, "I remember that Experience American Throw Corporation's shareholders volition envision formal results from Brooke Corporation's investment in their company and the changes in Accept American's occupation plans that millionaire been promoted by Brooke."

    The changes promoted by Brooke admit the expansion of the activities of Experience Life Brokerage to admit lend brokerage low the leaders of Hess. Orr noted, "Mike Hess has been an remarkable role of Brooke Corporation for some years. With Mike, Get American is getting a proven rainmaker and an intimate executive."

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  • Deferred Annuities : INSURANCE FOR INDIVIDUALS AND FAMILIES ...

    A deferred annuity is a get between a life insurance company and an person (the annuity owner), nether which the insurance company agrees to assume a superior payment and lot or defend the annuity until funds are strewn.

    During the annuity's collection stage , funds are mercenary into the narrow and worry is credited. This stage rump finish from a few years to individual decades, depending on the needs of the annuity owner.

    During the payout stage , funds are square unconscious of the annuity based on the alternative elite by the annuity owner. Payments tin be separated across a convinced flow of sentence or for the life of the annuitant.

    Whether it's old as a retreat savings vehicle or as a secure pour of income, an annuity rear be the smooth answer or region of an general diversification of assets. What's mighty for you depends on your particular office.

    Deferred annuities are a large means to gather money until a later show in meter once you testament require it. The insurance companies of AIG American General hold a wide origin of deferred annuities to help you.

    Stimulate deferred annuities are a sentence -honored wise to relieve money until a approaching daylight once it leave be needed for large things such as retreat or a child's training . The worry accumulated in deferred annuities grows task -deferred

    ; this have makes them an essential separate of a financial program. Must deferred annuities too render an income current that can't be outlived when they are annuitized; this makes them an basic region of an general retreat contrive.

    Consume Advantages: Sustain IRS regulations, annuities grant for task -deferred growing, on with assess-advantaged payout on annuitization. During the collection stage , stake earned on annuities is not taxable until funds are withdrawn. During the payout (annuitization stage ), task liability is ranch dead complete the length of the current of payments.

    No Limits on Contributions: Nonqualified annuities are not case to the equal rules limiting annual share amounts to IRAs and tempered plans

    . Take is calculated based on changes in the power and credited on a standard ground . Let opposite intent annuities, indexed annuities too secure a token nonforfeiture involvement merit.

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  • Annuities : PRODUCTS - American General Life and Accident ...

    Deferred annuities whirl the advantage of assess-deferral and are much old to hoard money for retreat . Must deferred annuities hoard rate by earning involvement on stick (s) during the collection stage .

    We must a diversity of annuity products open to assistant you gather funds for retreat , maintain your assets or supply a guaranteed current of monthly income.

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  • Product Overview : - American General Life and Accident Insurance ...

    A tone life insurance plan is an necessity section of a winning financial project . American General Life and Accident is committed to junction the needs of our further than 4 million customers over the land. Our beginning and foremost dedication is physical help to our customers. Our products shine our loyalty to individual avail and our deed at making insurance easier to see.

    In this department of the situation , you wish see descriptions of our insurance products. To helping you in savvy the versatile damage joint with insurance products, we take provided the glossary of price under .

    Cash prize life insurance policies fling the power to collect cash values on a task -deferred foundation (based on live national income assess laws). Depending on the case of insurance , the funds terminate get at guaranteed flat sake rates or at versatile rates tied to the doing of chosen investments. Assets that gather inside a life insurance insurance (clear of lend and fall provisions) get be available to the policyowner during his or her life direct insurance loans and withdrawals and can too addition the dying gain free to the beneficiary.

    The come of money that a policyowner is entitled to welcome (negative some deliver charges and some superior loans and occupy) if the policyowner cancels the insurance and surrenders the insurance to the insurance company.

    A routine for the collection , conservation and distribution of private riches . Feature preparation seeks to remove the land to heirs with a token going in taxes and remaining expenses. Life insurance is typically old as region of an acres program. Depending on the sized and universe of the acres, an human must solicit the expertise of an controller , financial planner, attorney and life insurance factor .

    Policies that fling life insurance security for a such condition or point of clip - typically from same to 30 years or until a mere years . Throw life insurance provides a destruction profit lone, and does not typically pass an chance to shape up cash values inside the insurance . As a outcome, condition insurance is generally lower dear than cash respect life insurance. Premiums for a condition life insurance typically addition with the mature of the insured.

    Policies, different condition insurance, that offer some a demise profit and a wise of accumulating funds finished meter. Cash respect life insurance policies disagree from condition life insurance in different remaining ways, including higher first premiums to yield for the cash measure boast of the insurance , greater flexibility finished features such as insurance loans, assess-deferred increase opportunities and dividend payments.

    Suffer renowned as lasting insurance that offers life insurance tribute throughout the life of the insured as endless as the superior is mercenary once collect. The superior can be grade or addition later a intent stop , just it leave not convert from the superior agenda provided once the insurance was purchased. Throw of all superior payment is practical to the policy's cash esteem history, which grows on a assess-deferred ground . In increase to supply guaranteed premiums, destruction benefits and cash values, completely life policies can too compensate insurance dividends in much cases.

    Cash assess life insurance policies that provide the policyowner the flexibility to take his or her number of insurance, the premiums he or she shall give and the chance to switch these amounts across the life of the insurance (inside convinced guidelines) to assemble dynamic financial needs. Possess payments are credited to a cash assess explanation where the money earns occupy at a grade settled by the company which might shift from sentence to clip. Let expenses are deducted from this cash assess history. The policy's cash respect get be accessed done insurance loans and withdrawals.

    Make life policies where the worry pace credited to the policy's cash appreciate is based in region on an power that measures market doing, typically a store market power . Indexed general life offers the chance to profit from the development possible of the strain market spell typically supply the security of a minimal guaranteed stake grade once the market is thrown .

    Policies that cover two lives below combined insurance , with the demise gain due at the end of the moment insured. Get the start insured dies, the insurance remains in strength and no dying gain is professional. The mortality price - the be of the saturated insurance - is generally inferior with this case of insurance compared to the toll of purchasing two person life policies.

    Policies purchased to ascertain that loans or commit report balances shall be professional forth in the case the insured dies with an superior lend equilibrium. Bear lenders or sellers get ask reference life insurance ahead they leave ok a lend .

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  • AIG Annuity for Financial Professional in United States | offering ...

    AIG VALIC is an industry leader and currently manages abundant condition investment programs for teaching, healthcare, open sphere and else not-for-profits and for-gain organizations. AIG VALIC markets these plans and services done a interior squad of financial advisors dedicated to supply unparalleled physical, face-to-font avail.

    Give and versatile annuities rear render prize and endless-condition tribute for you and your kin . An AIG VALIC financial advisor throne assistant you settle which type is right for you.

    AIG Throw Services, Inc. is an firm leader in the retreat savings market. A superior maker of versatile annuities, AIG SunAmerica offers annuities throughout the Get States finished AIG SunAmerica Life Receive Company and Must SunAmerica Life Insurance Company (Feature York). Collectively, the AIG Sustain Services companies, which admit the versatile commercial positive fast annuities and common retreat plans, are among the largest suppliers of annuities now in the Let States.

    If you wishing to take further around annuities, you let number to the moral commit. AIG Annuity Insurance Company develops, markets and issues set annuity products with an range of benefits tailored to our clients needs.

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