American General Life Companies (American General), Houston, has announced that it has re-priced AG Select-a-Term. Overall, rates decreased and the policy fee was lowered to $64. This term life insurance product offers guaranteed level premiums for 17 term durations: 10-year and 15- through 30-year durations.
The product also offers:
- Instant rate quotes with the Rapid Rater sales tool
- Face amounts beginning as low as $100,000
- Issue ages and durations that make coverage available into the mid-80s for older clients
- Convertibility to fixed, index and variable universal life policies
- Convertability in the first two years to AG ROP Select-a-TermSM
AG Select-a-Term is issued by American General Life Insurance Company and The United States Life Insurance Company in The City of New York