AIG Guaranteed

[myinsurebiz]

Pretty sure you're joking, right? Getting approved for that level takes a lot of production and an approved recruiting/marketing plan.

of course . . .

 

[JRoot]

Rate increase coming to AIG GI on September 14th. Was told the product will still be in the top tier of competitive premiums. Rates not being released until that day.

The Chronic Illness Rider benefit will be reduced from 50% to 25% in all states where it has been approved as well…no change to terminal illness rider.

 

[Baseball7]

Where did you see this?

 

[goillini52]

Where did you see this?

"Was told".

 

[JRoot]

Where did you see this?

Voicemail, then email from the SVP overseeing this product at AIG.

 

[Life Hawk]

Voicemail, then email from the SVP overseeing this product at AIG.

Any ideas on percentages for rate up?

 

[JRoot]

Any ideas on percentages for rate up?

No idea. All we were told is rates will be increased across all cells, with the greatest change being at the higher face amounts.

 

[wynne]

Sadly, I have been trying to get contracted with them since Dec 2nd of 2017!
Yes, I said it. Dec 2 2017
Not casting stones at anyone. However, it is getting old.

Don't bother. You cannot speak with an underwriter with AIG. You speak with some one who answers the phone. That someone emails the underwriting department. You then wait for an answer regarding your interest or concern. It is a poor way to run a railroad so to speak. Not good!

 

[goillini52]

Don't bother. You cannot speak with an underwriter with AIG. You speak with some one who answers the phone. That someone emails the underwriting department. You then wait for an answer regarding your interest or concern. It is a poor way to run a railroad so to speak. Not good!

Why would you need to talk to an underwriter for a GI policy?

 

[HoosierLife]

Why would you need to talk to an underwriter for a GI policy?

"Do you take someone who's 49?"

"Let me place you on hold."

And that's where it ends.