Yeah there was something they got in the news for years back. I don't remember exactly what it was. Citi also got into trouble. & we ended up getting free of them after a lot of hard work.Fair enough. But that AIG name rings a bell. Were they the company that got into illiquid investments & derivatives that required the US government to loan them hundreds of millions, if not billions, to avoid catastrophe. Not saying it will happen, just pointing out a pension has guarantees that insurance policies can't match as fully guaranteed
But that was before. Now they are financially strong. & we have experts that check CO's out before we will represent them. They have to fit w our philosophy, & offer what is good for our clients, agents & co. & be top rated. As we are. So I'm glad we have experts that can vet them before ever agreeing to partner with them.