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Protection solutions in the form of life and accidental death and dismemberment (AD&D) insurance help your employees prepare for a scenario that could have a significant financial effect on their families' well-being: the death or serious injury of an income earner.
AIG Group Term Life Insurance
AIG Group Supplemental Life Insurance
AIG Group AD&D Insurance
AIG Group Supplemental AD&D Insurance
AIG ROPTerm MVP® Insurance
AIG Term MVP® Insurance
AIG Estate Master Select(SM) Universal Life Insurance
AIG Group Term Life Insurance
Term life insurance is one of the easiest and most affordable ways to protect our families from the financial challenges that the death of a loved one can bring about. With AIG Group Term Life insurance, employers can offer basic and supplemental term life coverage not only for their employees, but also for their employees’ spouses and children—all on a single policy that’s billed through the convenience of payroll deduction.
- Guarantee issue amounts ranging from $50,000 to $150,000 (based on group size and participation requirements
- Enhanced accelerated death benefits include terminal illness, cognitive impairment, and the inability to perform one or more Activities of Daily Living (ADL)
- Dependent spouse and children coverage available
- Premiums waived if insured is unable to work due to disability
- Convertible to permanent life coverage
- Included services:
| – | Instant Access Account provides beneficiaries with financial control options during a difficult time |
| – | My Life ValuesSM offers a host of valuable online work-life resources and retail discounts from Work & Family Benefits, Inc. |
For more details, view:
AIG Group Term Life (Employer-Funded Basic and Employee-Paid Supplemental) Specification Sheet
AIG Group Term Life (Employee-Paid) Specification Sheet
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AIG Group Supplemental Life Insurance
Providing life insurance is a time-honored way for employers to help employees protect their families. For employees who want to take safeguard their loved ones' financial future, there's AIG Group Supplemental Life insurance.
- $10,000–$300,000 coverage available
- Based on size groups may be eligible for up to $150,000 of guarantee issue coverage with no participation requirements
- Dependent spouse and children coverage available
- Premiums waived if insured is unable to work due to disability
- Coverage is portable for groups with 10-plus employees
- Included services:
| – | Instant Access Account provides beneficiaries with financial control options during a difficult time |
| – | My Life ValuesSM offers a host of valuable online work-life resources and retail discounts from Work & Family Benefits, Inc. |
For more details, view:
AIG Group Supplemental Life Specification Sheet
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AIG Group AD&D Insurance
Providing accidental death and dismemberment (AD&D) insurance is a time-honored way for employers to enhance the term life coverage they offer to their employees. Should an accident result in the death or severe injury of the insured, an AD&D policy will provide an additional benefit to help cover the additional costs.
- Enhances employer-funded and/or employee-paid life coverage
- $10,000–$500,000 coverage available under standard plans (depending on group size)
- Additional $10,000 seatbelt and $10,000 airbag benefit
- Definition of loss 365 days
- For loss of a hand, foot or sight due to an accidental injury, a percentage of the full benefit will be paid
- Loss due to exposure and disappearance covered
For more details, view:
AIG Group AD&D (Employer-Funded Basic and Employee-Paid Supplemental) Specification Sheet
AIG Group AD&D (Employee-Paid) Specification Sheet
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AIG Group Supplemental AD&D Insurance
Employees who choose to enhance their employer-sponsored
accidental death and dismemberment (AD&D) benefit with AIG
Group Supplemental AD&D insurance can add an extra layer of
protection for their families at an affordable cost.
- Offers employees more solid insurance protection in the event of an accident
- If a covered employee's death is caused by an accident, the beneficiary receives the accidental death and dismemberment benefit in addition to any life insurance benefits
- Covers death or injuries on or off the job, 24 hours a day, 7 days a week
- Additional benefit for using seatbelts and having approved factory-installed airbags
- For loss of a hand, foot or sight due to an accidental injury, a percentage of the full benefit will be paid
- No-hassle premium payment through convenient payroll deduction
For more details, view:
AIG Group Supplemental AD&D Specification Sheet
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AIG ROPTerm MVP® Insurance
With AIG ROPTerm MVP® insurance from American General Life
Insurance Company (American General Life), employers can offer their
employees solid term life coverage—and a return of all premiums
paid at the end of the policy term. For 20 years, AIG ROPTerm MVP
provides reliable coverage to protect a mortgage, safeguard college
savings, or simply ensure that a family's way of life can continue
should an income earner pass away.
- Income-tax-free death benefit, according to current federal tax laws, of up to $150,000
- 20-year level-premium plan
- Simplified underwriting
- Affordable premiums
- Coverage for family members also available
- Convenience of payroll deduction
- Can be converted to permanent life coverage
- Policy stays in force even if the employee retires or changes jobs
For more details, view:
AIG ROPTerm MVP® Insurance Specification Sheet
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AIG Term MVP® Insurance
Term life insurance is one of the most versatile benefit solutions an
employer can offer, and AIG Term MVP® insurance from American
General Life Insurance Company (American General Life) offers more
of the features employees need to build a solid future for their families.
For 10, 15 or 20 years, AIG Term MVP provides solid life coverage to
protect a mortgage, safeguard college savings, or simply ensure that a
family's way of life can continue should an income earner pass away.
- Up to $150,000 in solid protection for 10, 15 or 20 years
- Spouse coverage up to $50,000 or equivalent of base coverage, whichever is less
- Child coverage up to $10,000 with rider
- Income-tax-free death benefit, according to current federal tax laws
- Convenience of payroll deduction
- Can be converted to permanent life coverage
- Policy stays in force even if the employee retires or changes jobs
For more details, view:
AIG Term MVP® Insurance Specification Sheet
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AIG Estate Master SelectSM Universal Life Insurance
Life insurance is one of the most important financial security vehicles an employee can provide for his or her family. AIG Estate Master SelectSM universal life insurance combines the ease and convenience of a worksite insurance product with an array of flexible options—plus the potential for cash value accumulation.
- Flexibility: The ability to continue protection through the working years and
into retirement
- Convenience: Premiums paid via the ease of payroll deduction
- Portability: Protection that moves with the employee through job changes
and retirement
- Tax-Deferred Accumulation: Tax-deferred interest accumulates on the cash value
of the policy under current tax laws
- Ease of Application: In most cases, qualification for coverage is determined by
answering only three eligibility questions favorably
For more details, view:
AIG Estate Master Select(SM) Universal Life Insurance Specification Sheet
AIG Estate Master Select(SM) Universal Life Insurance Specification Sheet — New York
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