AIG Burial Insurance Review 2022

If you have questions about American General Life Insurance Company & American International Group. We have the answers in this review for AIG burial insurance.

If you are wondering what burial insurance is you can read our article here.

AIG burial insurance is American General’s whole life final expense insurance product. AIG has been in business for over 100 years and offers a range of different products.

Their company is in the city of New York. They are also known for their life insurance company AGL which stands for American General Life Insurance Company.

Their life insurance company AGL in Houston TX was founded in 1960 and services many consumers nationwide. In this article, we will cover everything related to their burial insurance product.

Facts & Features AIG Guaranteed Acceptance Life Insurance

First and foremost, AIG burial insurance is a guaranteed issue whole life insurance product. This means there are no medical exams or blood test’s to be approved.

There are also no health questions at all on the application. Approval is guaranteed however there is a 2 year waiting period for the death benefit of the policy.

This is because financial professionals understand that this product is primarily for people with health conditions other carriers cannot accept.

These conditions would include:

  • Current Cancer with Treatment
  • Terminal Illness
  • Dementia or Alzheimers
  • Kidney Dialysis
  • Organ Transplant
  • Diabetic Amputation

This kind of policy is a last resort if one of our agents cannot find you level day one coverage. We work with the top major carriers in the United States for life insurance. This means our agents are highly trained and we help 90% of our clients find level day one coverage with the best United States life insurance company available in our portfolio.

What if I only Qualify for American General?

Then it is the best product available for you and your present health simple as that. AIG and their burial insurance product is a top-rated product especially considering the riders it comes with.

Furthermore, they have an excellent track record for paying their clients claims when they die. The way the policy works is you purchase your policy and get through the 2 year period and then when you die the policy will pay the full face amount to your family and they pay the funeral home.

Products and services like AIG’s burial insurance make grieving just a little bit easier.

Accidental Death Rider

Here is the best part AIG has a rider that will make your policy pay out the full face amount if you die within the 2-year waiting period. No other product offer’s this kind of rider isn’t that great? This is a key benefit to AIG and why they are so highly rated and recommended.

Other features of their policies include:

  • Can cover ages of 50 – 80 Years Old
  • Benefit Amounts of $5,000 – $25,000
  • Accidental Death Rider

    You can also see their product brochure here.

AIG Life Insurance for Seniors

Above all, burial insurance is primarily aimed at seniors because death is inevitable and as you get older the need to get covered so your family is not responsible for your final expenses becomes greater.

Furthermore, with age comes health issue’s the older you get the more likely you are to develop conditions like cancer or heart disease. This is why it is crucial to get coverage as early as you can while you are healthy.

That being said if you have not been fortunate enough to stay healthy, options like AIG burial insurance are perfect for you.

Burial Average Cost

A burial typically ranges between $8,000 – $12,000 with inflation included this would make a burial $15,000 or more. So you will want to purchase a $15,000 or more policy with AIG.

This is one of the things our agents will go over with you at the time of your application.

Cremation Average Cost

A cremation costs between about $3,000 – $5,000 with inflation at least $8,000. This means you will want to purchase a policy that is $8,000 or more in the face amount.

That is how you plan effectively to protect your family against your final expenses. You can also get a price list from a local funeral home that will give you a breakdown of how much everything will cost to plan even more effectively.

How to Purchase AIG Insurance

Purchasing your burial insurance policy is simple.

Work With The Experts

First, you fill out the form to the right of the page with some basic information. This will show you pricing on all the different policies available in your state.

You will select the AIG carrier in the list you see and the amount of coverage you want.

At that point, one of our agents will give you a call via the phone number you provide on your information. They will confirm your basic information and begin the underwriting process. They will ask you some basic health questions relevant to our carriers.

Furthermore, our agents will try to help you find day one level coverage before they take you to American General. If you are healthy enough they will recommend a carrier that may be cheaper and can guarantee you day one level coverage. If not they will help you finish your application with American General.

The final step to completing your application with American General is doing an e-mail signature.

E-mail Signature – The agent will send you an email with a Docusign link in it. You simply receive the email and complete the DocuSign link and you are instantly approved.

The process is simple, easy, and can be done in 30 minutes or less.

How to Find the best Burial Insurance Available to You?

To find the best burial insurance available in your area you have to work with an independent agency like ours.

We are highly trained in the underwriting niches of all the top major carriers in your state and will do our very best to find you day one level coverage. We specialize in burial insurance and know all of the ins and outs of these companies.

That is why we help 90% of our clients get level coverage from day one.

Furthermore, we are not captive we do not work for just one insurance carrier, we work for you the consumer. We have a portfolio of over 20+ carriers to choose from. Our agents also become your personal service agents for life for anything you may need such as filling out a death claim for your family or anything administrative.

If you decide not to go with us please make sure the agency you work with is a national independent broker and not some captive agency that will only offer you one product. This is how consumers get put into unnecessary waiting periods. This “one size fits all” type of mindset that does not serve you and your better interests.

ParamountQuote is Your Answer

We are a brokerage of highly trained life insurance agents specializing in burial insurance for seniors. The carriers we represent are the top A-rated carriers nationwide. This guarantees you will have the best rate and coverage available for your specific needs.

Our agents pride themselves on being with you every step of the way through this process.

Fill out the form to your right to get started.

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