AGLA Vs ANICO

Apr 25, 2015

  1. jn8691mr
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    jn8691mr Super Genius

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    I just got appointed with both carriers with my new IMO ... Just wondering what your thoughts and/or experiences are ... Pros/Cons, etc
     
    jn8691mr, Apr 25, 2015
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  2. GreenSky
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    GreenSky Guru

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    I can tell from your lack of experience and the number of questions you ask that you're pretty new.

    So can we assume you'll be recruiting in a few months?

    Rick
     
    GreenSky, Apr 25, 2015
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  3. jn8691mr
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    jn8691mr Super Genius

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    Already have 10 in my downline. Why wait? LOL :) ... Joke*
     
    jn8691mr, Apr 25, 2015
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  4. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    Both are a lot better for Annuities vs. Life Insurance. Anico has a nice SI Term product that is competitive with fully underwritten products. Other than that I never have a reason to write either for Life Insurance.

    AG has a really nice looking Indexed Annuity product right now. They also have an excellent CI product.
     
    scagnt83, Apr 25, 2015
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  5. sman
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    sman Guru

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    Isn't American General (AG) different from AGLA? I mean I know they have the same parent company, but isn't AGLA the home service company?
     
    sman, Apr 25, 2015
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  6. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    I always thought AGLA was the captive side of AG. I could be wrong.
     
    scagnt83, Apr 25, 2015
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  7. jn8691mr
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    jn8691mr Super Genius

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    I am not captive and I'm appointed with AGLA
     
    jn8691mr, Apr 25, 2015
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  8. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    Most indy agents just refer to them as AG. Ive only heard their captive side call it AGLA. Same company though.
     
    scagnt83, Apr 25, 2015
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  9. TwiLight
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    TwiLight Guru

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    American General in terms of Life underwriting vs ANICO is that American General is a better overall company if you are looking at Rated Cases.

    Their Table Ratings are much lower in price than ANICO, in fact, better than most other comparable plans.

    The biggest issue with ANICO is commission. You get much lower Commission with their products than other companies with comparable product and pricing. I do find their products to be competitive for Life and near the top for Preferred Rated Term Cases.

    I would still pick Protective Life over both though.
     
    TwiLight, Apr 26, 2015
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  10. term1
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    term1 Super Genius

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    Twilight i'm licensed with American general out of Houston. I only sell the gul which is great and underwriting aggressive.Agla has a living benefit term I want to sell. Do I have to get a separate appointment with agla to sell that orcan I sell the living benefit term with American General out of Houston(I don't even know if they offer it).
     
    term1, Apr 26, 2015
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