Should I continue with my AIG life insurance application?
Should I continue with my AIG life insurance application?
I'm right in the middle of filling out an application for life insurance with AIG. Just as soon as I finished it, I started hearing in the news about how the "world's largest insurance firm, AIG, is in financial ruins"… Should I go on with the application, or sign up with someone else? I chose them because of their great rating and reliability. Should I worry about the recent media or is it just media hype?
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3 Responses
2.1.2010
Best Answer – Chosen by Voters The AIG life insurance, general insurance (including commercial) and retirement services are subsidiaries of the parent company, are adequately capitalized, regulated, and are not affected by the short-term liquidity problems we are hearing about. Source(s): Independent Agent
2.1.2010
Well, it's true that AIG is financially horrible. They're very close to filing for bankruptcy so I'd be really careful if I were you. But even if you do file out an application with AIG, it is insured like how your bank deposits are insured with FDIC. The amount you're insured for depends on your state and the value of your insurance. Good luck!
2.1.2010
Use the quote engine on my site and if they're the best deal then yes…http://insurancepickle.com/life-insuranc…The quote engine requires no personal information to use.