Let’s face it…
Even though every life insurance commercial makes it look like purchasing a policy is “super easy,” the fact is that buying a life insurance policy can sometimes be quite tricky.
Difficult because…
First, you need to decide how much life insurance you need. Then, you need to decide what type of life insurance is “right” for you.
Do you need…
A traditional term life insurance policy? Would you prefer to apply for a no-medical exam life insurance policy? Or would a simple no, questions-asked final expense insurance policy do the trick?
Then once…
You’ve figured all that out; now you have to decide “which” life insurance company will offer what you need at the right price!
This isn’t always the easiest thing to do, especially if you’ve narrowed your search to two quality insurance companies AIG and Allianz.
This is why…
We wanted to provide this brief “synopsis” of both companies so that you can better understand how they compare.
|
|
|
|---|---|---|
| Comparing ⟶ | American General (AIG) | Allianz Life |
Year Founded |
1919 |
1896 |
Company Structure |
Stock |
Stock |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✓ |
Whole Life |
✓ | ✗ |
Universal Life |
✓ | ✓ |
Final Expense |
✓ | ✗ |
Ratings: |
||
A |
A+ |
|
A+ |
AA |
|
A2 |
✗ | |
A+ |
✗ | |
82 |
97 |
|
B- |
A+ |
|
0.51 |
0.14 |
|
IBUSA’s Overall Score |
||
Company Review |
American International Group, Inc. (AIG):
AIG is a global insurance company that provides a range of insurance products and services, including life insurance, property and casualty insurance, and retirement services. The company was founded in 1919 and is headquartered in New York City. AIG operates in over 80 countries worldwide and has a strong presence in the United States.
In addition to traditional insurance products, AIG offers financial products and services, such as asset management, mortgage, and business insurance. The company serves diverse customers, including individuals, businesses, and governments.
AIG is a publicly traded company listed on the New York Stock Exchange. It has a global workforce of over 50,000 employees and a long history of financial stability and strong performance.
Allianz:
Allianz is a global financial services company that offers a wide range of products and services, including insurance, asset management, and banking. Founded in 1890 and headquartered in Munich, Germany, Allianz operates in more than 70 countries worldwide and serves diverse customers, including individuals, businesses, and governments.
In the insurance sector, Allianz offers a variety of products, including life insurance, property and casualty insurance, and health insurance. The company also offers financial products and services like investment products, retirement solutions, and asset management. Allianz is a publicly traded company listed on the Frankfurt Stock Exchange.
Get a Quote
So that you can see if one of these two companies might be right for you!
