American General Life (AIG) vs. Allianz Life… Let’s Compare!
Thinking about applying for life insurance, but just aren’t sure which company is going to be the best for you?
Have you narrowed down your search to just a few companies, such as American General and Allianz Life?
Well if so, then you may find the following comparison chart quite helpful in making your final decision.
|
|
|
|---|---|---|
| Comparing ⟶ | American General (AIG) | Allianz Life |
Year Founded |
1919 |
1896 |
Company Structure |
Stock |
Stock |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✓ |
Whole Life |
✓ | ✗ |
Universal Life |
✓ | ✓ |
Final Expense |
✓ | ✗ |
Ratings: |
||
A |
A+ |
|
A+ |
AA |
|
A2 |
✗ | |
A+ |
✗ | |
82 |
97 |
|
B- |
A+ |
|
0.51 |
0.14 |
|
IBUSA's Overall Score |
||
Company Review |
Now as you can see, both American General (AIG) and Allianz are both very financially strong and stable insurance companies, which is why you probably can’t go wrong choosing either assuming that you would be able to qualify for the same “rate” with each.
Which is why, you may want to give us a call here at I&E before you decide to apply for coverage, because while both American General and Allianz are both outstanding life insurance companies, each of them are going to have their own unique underwriting guidelines which will determine who they will and won’t insure.
These guidelines are also going to play a major role in determining your life insurance rates.
So, while each of these companies may be the right choice for many, it’s quite possible based on your unique situation that one or both of these companies may not be “right” for you!
This is why, we here at I&E work with dozens of different life insurance companies so that when it comes time to determine which company is going to be the best for you, we don’t have to rely on just one or two different options.
