What happened to American Life Insurance Company?
American Life Insurance Company was acquired by
AIG Life & Retirement is now Corebridge Financial. We are currently updating our websites and materials to reflect this change. Rest assured—whether you see Corebridge or AIG—you're in the right place.
(NYSE: MET) announced today that it has completed its acquisition of American Life Insurance Company (Alico) from American International Group, Inc. (AIG) for $16.2 billion. “With our acquisition of Alico complete, MetLife has become the premier global life insurance and employee benefits powerhouse,” said C.
On January 6, 2000, General American Life Insurance Company was acquired by MetLife.
American Income Life is rated "A" excellent by AM Best, the most recognized credit rating agency in the life insurance industry. Their policies include a free terminal illness rider which allows the insured to access up to 50% of their policy's death benefit if they are diagnosed with a qualifying health condition.
As part of our Life Insurance Division, AIG Direct is trusted by over a million families. We've focused on helping Americans secure life insurance at affordable prices since 1995, providing valuable and in-depth life insurance information that helps you protect your loved ones.
American International Group (AIG) is headquartered in New York and comprises several companies, including AIG Direct, American General Life Companies, VALIC and Corebridge Financial — the subsidiary that handles its health, accident and life insurance policies among other financial products.
Email us at web@thislife.org.
This American Life (TAL) is an American weekly hour-long radio program produced in collaboration with Chicago Public Media and hosted by Ira Glass. It is broadcast on numerous public radio stations in the United States and internationally, and is also available as a free weekly podcast.
This American Life and Serial Productions make radio programs and podcasts including This American Life, Serial, and S-Town. Our offices are in New York City.
Did American General Life Insurance Company change their name?
"AIG Announces Plan to Rebrand its Life & Retirement Business as Corebridge Financial." Accessed February 13, 2023.
MetLife acquires General American Life Insurance Company - 1999-08-26 - Crunchbase Acquisition Profile.
AIG to buy American General - May 11, 2001. NEW YORK (CNNfn) - As expected, American International Group Inc. won its $23 billion takeover bid for American General Corp. Friday, scuttling an earlier deal inked by U.K. insurer Prudential PLC. The merger agreement ends weeks of talks between the firms.
- Best from a big-name insurer: Northwestern Mutual.
- Best for customer satisfaction: State Farm.
- Best for seniors: Mutual of Omaha.
- Best for term life insurance: Guardian.
- Best for whole life insurance: MassMutual.
- Best for universal life insurance: Pacific Life.
Company | Best for | AM Best Financial Strength Rating |
---|---|---|
Nationwide | Customer satisfaction | A+ (Superior) |
Northwestern Mutual | Universal life insurance | A++ (Superior) |
Prudential | Policy personalization | A+ (Superior) |
State Farm | Term life insurance | A++ (Superior) |
The Final Word on Canceling American Life Insurance Policies
Keep in mind that if you are canceling a permanent life insurance policy, American National may take a cancellation fee out of your lump cash value sum. If you want to find an affordable life insurance policy, shopping around is the best way to do so.
You have the option, with cash value, to surrender your policy and withdraw the total cash value of your policy.
For a personal policy: Look through your paper and digital files, including your email. Check your bills for past premium payments and any policy information. Ask loved ones: Also, ask your spouse, children, parents, siblings, and other loved ones.
Yes, you can sell your whole life insurance policy for cash, just like you could sell most other policies. It can be a great way to free up money that you need now rather than later. If you're interested in cashing out your policy, here are your options: Borrow from the policy's value.
Online and telephone payments are available for continental US billing addresses only. Your user IDs for web and phone payments are shown on your billing statement in the "Ways to Pay" section. This also is where you can find your temporary password, which is required the first time you make a payment online.
How do I access my AIG account?
You can request access to the Portal from your organization's TradEnable contact, or from your contact in AIG. Once your user profile has been created you will receive an email with username and a temporary password.
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If you're brand new to our show, you might start with the list of episodes our host Ira Glass put together called “New to This American Life?” We've been on the air since 1995, so you can also browse through our recommended lists or our entire archive of more than 800 episodes. We view the show as an experiment.
Torey ran our home radio station, WBEZ Chicago back in the mid-1990s. He invited Ira Glass to come start a national show at WBEZ, and was Ira's partner in getting the show off the ground. They worked closely for years to raise money and convince public radio stations to pick it up.
'This American Life' Retracts Mike Daisey's Apple Factory Story : The Two-Way The story became the show's most popular podcast and inspired a petition, signed by hundreds of thousands, demanding better working conditions for factory workers. But, now, This American Life says Daisey fabricated many aspects of the story.