American General Life – AIG To Sell Life Insurance Units To Repay Loan

It appears that American General Life Insurance Company policyholders may soon have some answers regarding the future of their life insurance policies. Bloomberg.com is reporting that AIG plans to sell their U.S., Japan and European Life Insurance companies to repay their government loans.

This is good news!  American General Life is an excellent company and the financial stability that will come from severing ties with AIG can help them get out of the public relations business and back to providing high quality, innovative life insurance policies and excellent policyholder service.

Leave a Reply