As COVID-19 case numbers improve across key markets, we are pleased to announce that we are revising our temporary guidelines to provide more opportunities for cases to be underwritten, approved and issued.
Revisions to the NAIC’s actuarial guidelines are expected to go into effect next month. See an overview and key highlights of AG 49-A on IUL illustrations.
To support customers affected by recent declared emergencies, temporary suspensions are in effect on lapses, terminations, cancellations and other time-sensitive provisions.
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Policies issued by American General Life Insurance Company (AGL), Houston, TX except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life). Issuing companies AGL and US Life are responsible for financial obligations of insurance products and are members of American International Group, Inc. (AIG). Guarantees are backed by the claims-paying ability of the issuing insurance company. Products may not be available in all states and product features may vary by state. Please refer to your policy.
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