AGLA is an AIG assest but the company stands on its own. They rec'd none of the bailout money. The AIG insurance division had nothing to do with their financial problems. They have IUL, 5 different ULs, ISWL, WL, 2 Term Products, Annuities, CI, Accident, Cancer, Worksite Term, etc. You really should know what you are talking about when you post.
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- Thread starter ForeverAngela
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AGLA is an AIG assest but the company stands on its own. They rec'd none of the bailout money. The AIG insurance division had nothing to do with their financial problems. They have IUL, 5 different ULs, ISWL, WL, 2 Term Products, Annuities, CI, Accident, Cancer, Worksite Term, etc. You really should know what you are talking about when you post.
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oicu812nbama
Guest
i will address this again for the ignorant. wallstreet bribed the ratings companies to rate junk stock as aaa. aig insured the stock at aaa ratings. the government knew what was happening and bailed aig out. point your finger at wallstreet or the government because there is proof they know it was happening. aig was lied to and the life side is as financially strong as anyone.
ford wasn't bailed out and still makes unreliable vehicles.
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a prospective agent is a valuable commodity to any insurance company and has the bargaining power. not someone sitting in a tower thinking of how things should be.
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if you can't sell life at agla try pnc cause it's one of the best training companies out there (unless your am sucks)
ford wasn't bailed out and still makes unreliable vehicles.
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a prospective agent is a valuable commodity to any insurance company and has the bargaining power. not someone sitting in a tower thinking of how things should be.
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if you can't sell life at agla try pnc cause it's one of the best training companies out there (unless your am sucks)
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HILOhattie99
New Member
- 7
I'm actually impressed by your reply. If I'm correct it sounds like, AIG some big time company, that their money managers, manage billion of dollars,GOT FOOLED. You should know it doesn't matter what I think. What's important is what the client is thinking. I'm confident I know what they are thinking when I say "AIG owns' AGLA". All the IULs I have seen (15+years old, policy owners age 55-65) are to the dumps. I'm always asked the same question time and time again. "Why hasn't my agent explained this to me?"
AGLA a entity owned by AIG has not had any financial issues. AIG the parent company was a different story.
I'm actually impressed by your reply. If I'm correct it sounds like, AIG some big time company, that their money managers, manage billion of dollars,GOT FOOLED. You should know it doesn't matter what I think. What's important is what the client is thinking. I'm confident I know what they are thinking when I say "AIG owns' AGLA". All the IULs I have seen (15+years old, policy owners age 55-65) are to the dumps. I'm always asked the same question time and time again. "Why hasn't my agent explained this to me?"
You haven't seen any IULs issued by AGLA that are 15 years old. They didn't come out with an IUL until last year. How long have you been in this business? Sounds as if you need some product training.
I will agree it is inexcusable that agents did not do annual reviews with the clients to keep them updated. But, that takes place, in part because the writing agent is no longer with teh company and before you try to make something of that statement, there is not a company out there that does not have orphan policyholders that have not been seen in years.
Did you sign with AGLA. I seen the information on here and decided that I may sign with them also. I'm a newbie looking for a good company to start out with...
If you get a good manager, it is a good place to learn the business.
I'm certainly not defending AGLA or AIG, but if you are telling AGLA policy holders that AGLA received money from the bailouts in the hopes of getting them to do business with you then you are lying to them.
There is no telling what he/she is telling because it is very obvious they haven't the slightest idea about which they are speaking.. They don't know AGLA or their product lines.. Apparently they do not know the difference between a traditional UL or an IUL.. I am sure AGLA agents in HILO's area are quaking in terror, worried that their policies are going to be replaced..
I know of several competitor company agents who lit on the AIG bailout issue as a green light to replace AGLA products. This seemed to work for them as most of the clients were as ignorant about the situation as they were, thinking that their life policies needed a government bailout to stay in force. With that said, it seems very foolish of AGLA to introduce an index UL at this time to clients who are already very distrustful of the market.
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