With AIG ContinUL Extend®, your death benefit coverage can be guaranteed, regardless of what happens to interest rates or the policy value, if you’ve paid enough premium to maintain the guarantee death benefit.1,2 So you can put your policy to use as part of your present financial plan without the usual worries about your coverage lapsing. Additionally, the duration of the guarantee is your choice — so you won’t pay for more than you need or want.
- Your coverage continues as long as enough premium is paid to guarantee
the death benefit.2 Our continuation guarantee is structured in a way that offers important flexibility in funding your policy: you will always know the specific amount needed to guarantee the death benefit, without being concerned about changes in interest rates or other factors that could impact the policy’s cash value
- You select the duration of the policy’s death benefit coverage guarantee
according to your individual needs
- You can select when to pay your premiums and you have the option to pay additional premiums to build more accumulation value. Building a more significant accumulation value could help avoid the policy entering the grace period if the no-lapse guarantee or the continuation guarantee is not in effect. A higher accumulation value also reduces the chance of higher premiums at the end of the no-lapse guarantee period
- American General Life Insurance Company, 0 - 90; United States Life, 18-90
- $100,000
- Increase or decrease your
death benefit to fit your changing needs3
- Select a premium payment plan that fits your financial needs and goals
4
- Provides up to $200,000 in additional benefit if the insured’s death is accidental4
- Provides term insurance on dependent children up to age 194
- Provides level term insurance, up to two times the base policy’s death benefit, on the insured’s spouse.4 (Not available in New York)
- Provides an accelerated death benefit if the insured is diagnosed with a terminal illness4 (Not available in New York)
- Waives the monthly deduction should the insured become disabled4. For face amounts up to $5 million.
Get more information regarding AIG ContinUL Extend and other universal life insurance products. (new window)
1 Guarantees are subject to the claims-paying ability of the issuing insurance company.
2 Assuming interest rates remain sufficient to sustain policy values, limiting premium payments to the amount of the monthly
guarantee premium may reduce your ability to build a higher accumulation value.
3 Evidence of insurability acceptable to the insurer is required.
4 See the riders for complete details. There may be a charge for
each rider you select. Adding or deleting riders and increasing or decreasing coverage under existing riders can have tax consequences. Policy owners should consult a qualified tax advisor.
Policies issued by:
American General Life Insurance Company
2727-A Allen Parkway, Houston, TX 77019
Policy Form Number – 05337
Accidental Death Benefit Rider Form Number – 82012
Children’s Insurance Benefit Rider Form Number – 82410
Spouse/Other Insured Term Rider Form Number – 88390
Terminal Illness Rider Form Number – 91401
Waiver of Monthly Deduction Rider Form Number – 82001
The United States Life Insurance Company in the City of New York
70 Pine Street, New York, New York 10270
Policy Form Number 05337N
Accidental Death Benefit Rider Form Number ADB 79-1E
Children’s Insurance Benefit Rider Form Number CI 79-1E1
Waiver of Monthly Deduction Rider Form Number 82001N
A subsidiary company of American International Group, Inc. (AIG)
The underwriting risks, financial and contractual obligations and support functions associated with the products issued by American General Life Insurance Company (AGL) or The United States Life Insurance Company in the City of New York (USL) are each insurer’s own responsibility. AIG does not underwrite any insurance policy referenced herein. USL is authorized to conduct insurance business in New York. Policies and riders not available in all states.
American General Life Companies, www.americangeneral.com, is the marketing name for the insurance companies and affiliates comprising the domestic life operations of American International Group, Inc. (AIG), including AGL and USL.