Holicent
VIP Contributor
AIG offers a variety of life insurance plans for individuals and families. The core of AIG's life insurance is its Variable Universal Life (VUL) product. The VUL features guaranteed investment income and guaranteed death benefit, both with a guaranteed minimum payout. This makes the product ideal for people who are concerned about the risk associated with investing their savings in stocks or bonds.
The VUL also offers variable cash values that can change along with market performance, and it has no surrender charges if you decide to cancel your policy before maturity. The policy also comes with a loan provision that allows you to borrow up to 80% of your premium to cover critical medical expenses or other unforeseen events that may arise during your lifetime.
The VUL also provides an option called "TPA" which stands for Term Premium Accumulation and allows investors to build up payments over time while earning interest on those payments during their accumulation period. This feature helps ensure that money is available when needed most, even if you've retired or passed away before paying off all your loans.
The VUL also offers variable cash values that can change along with market performance, and it has no surrender charges if you decide to cancel your policy before maturity. The policy also comes with a loan provision that allows you to borrow up to 80% of your premium to cover critical medical expenses or other unforeseen events that may arise during your lifetime.
The VUL also provides an option called "TPA" which stands for Term Premium Accumulation and allows investors to build up payments over time while earning interest on those payments during their accumulation period. This feature helps ensure that money is available when needed most, even if you've retired or passed away before paying off all your loans.
