Typically, when anyone is searching for AIG vs Royal Neighbors, the product they are considering is final expense insurance.
That is because both of these companies offer very good burial insurance plans for seniors.
With Royal Neighbors, you have a whole life insurance policy that does require that you pass a few health questions in order to qualify.
In contrast, AIG offers guaranteed issue life insurance, that requires no health questions.
Depending on your need and health status, either of these companies is a great option for either final expense or burial insurance.
You can see how the two companies compare in the chart below.
|
|
|
|---|---|---|
| Comparing ⟶ | American General (AIG) | Royal Neighbors |
Year Founded |
1919 |
1895 |
Company Structure |
Stock |
Fraternal |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✗ |
Whole Life |
✓ | ✓ |
Universal Life |
✓ | ✗ |
Final Expense |
✓ | ✓ |
Ratings: |
||
A |
A- |
|
A+ |
✗ | |
A2 |
✗ | |
A+ |
✗ | |
82 |
✗ | |
B- |
A+ |
|
0.51 |
1.51 |
|
IBUSA's Overall Score |
||
Company Review |
For more on these companies, or to see what other options are available, please give us a call today.
