Let’s face it, even though every life insurance commercial you’re going to see is going to make it look like purchasing a policy is “super easy” the fact is, buy a life insurance policy can sometimes be quite difficult.
Difficult because…
First, you need to decide how “much” life insurance you’re going to need. And then you’re going to need to decide what “type” of life insurance is going to be “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, you’ve got to decide “which” life insurance company is going to offer what you need at the right price! Which isn’t always the easiest thing to do. Especially if you’ve narrowed down your search to two quality insurance companies like AIG and Royal Neighbor
This is why…
We wanted to provide this brief “synopsis” of both companies so that you can get a better idea of how each of them compares to one another and then invite you to…
Comparing ⟶ | American General (AIG) | Royal Neighbors |
Year Founded |
1919 |
1895 |
Company Structure |
Stock |
Fraternal |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✗ |
Whole Life |
✓ | ✓ |
Universal Life |
✓ | ✗ |
Final Expense |
✓ | ✓ |
Ratings: |
||
A |
A- |
|
A+ |
✗ | |
A2 |
✗ | |
A+ |
✗ | |
82 |
✗ | |
B- |
A+ |
|
0.51 |
1.51 |
|
IBUSA’s Overall Score |
||
Company Review |
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So that you can see if one of these two companies might be right for you!