AIG Guaranteed Universal Life Insurance Reviews

AIG Guaranteed Universal Life Insurance Reviews
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    AIG Guaranteed Universal Life Insurance Reviews

    AIG is one of the top life insurance companies available today. Are they the right company for you?  We hope to answer that question by putting together our AIG Guaranteed Universal Life Insurance Reviews so you can make an informed choice.  AIG’s GUL product is called the Secure Lifetime GUL 3. It is American General’s main GUL product that we’ll be reviewing. 

    This post is just one GUL review. We have a huge series of reviews for the top companies that sell guaranteed universal life insurance.  To learn more about GUL products (also known as Term to 100 or Lifetime Term) please read an overview of GUL here.

    What company is the best?

    Are you just looking for the best Guaranteed Universal Life insurance companies? We reviewed the top rated GUL companies right here.

    American General Life Insurance Company

    Financial Strength
    Review Summary

    Owned by the American International Group, AIG is one of the top rated life insurance companies available. Across the board, AIG is frequently in the Top 10 for most affordable coverage.


    About American General

    American General Life Insurance (also known as AIG) was one of the first life insurance carriers in the U.S. that offered consumers a few policy types to choose from. American General Life Insurance Company, along with their parent company- American International Group (AIG), has been in the life insurance and financial business for over 160 years. Over this time, AIG has paid out over $39 billion in life insurance claims.

    AIG Financial Ratings

    Financial Strength

    How to choose? If you’re comparing companies & looking to choose from two carriers, one rated A+ and one rated A++, either one is likely to be there when you need it. However, if you’re picking carriers that are rated B+ and A+, financial strength could factor in your buying decision. Try to avoid companies that 1 or more financial agencies rate as potentially vulnerable.

    American General GUL Products

    AIG offers life insurance shoppers 2 guaranteed universal life insurance products:

    • AIG Secure Lifetime GUL 3
    • AG Secure Survivor GUL II.

    AIG Secure Lifetime GUL III

    Issue Ages

    Ages 18-80

    Minimum Benefit Amount


    Coverage Lengths

    Ages 95, 100, and 121

    Maximum Benefit Amount

    Over $10,000,000

    Guaranteed Universal Life (GUL) is a type of universal life insurance- but doesn’t have the market risks of UL.

    Your premiums remain the same with GUL just like term life. With a GUL, you get coverage with a “no-lapse” guarantee. This means that if you pay your insurance premiums, you’ll always be covered. GUL is not made for cash value and it resembles and functions similarly to term life insurance. Term life insurance only covers you for a set number of years. GUL covers you to a specific age such as: Age 90, 95, 100, 110, or 121.

    AIG Life Insurance Quotes

    Now let’s look at how much the AIG Secure Lifetime GUL 3 can cost. Below are some sample annual rates for a healthy non smoking 46 year old man.

    Death Benefit to Age 90 to Age 100 to Age 121
    $100,000 $933 $942 $990
    $500,000 $3278 $3735 $4015
    $750,000 $4915 $5717 $6198

    Will AIG give you the best rate?

    Will AIG or some other company like AARP, Primerica, or Equitable Life Ins get you the best deal? If you want to make sure you’re getting the best life insurance policy available, here’s what you need to do…

    Compare Quotes

    Use our online instant calculator to compare rates from dozens of the top companies.

    Total Time Needed: 5 minutes
    Total Cost: 0 USD

    Required Tools:

    - A Computer.
    - Internet Connection.

    Things Needed?

    - A pen
    - A piece of paper

    Steps to get an accurate quote

    Use the calculator on this page or click the link above to visit our instant quotes page.
    Step 2 : Input coverage details
    Fill out the basics about what you’re wanting, how much coverage, for how long, etc. That way we can understand your situation before we can help you. Complete the calculator details as accurately as possible, and be absolutely sure your contact information is correct so we can reach you.
    Step 3 : Get help from a licensed agent
    Once you’ve filled out the calculator, one of our licensed agents will  provide you all your options and plan out who will provide you the best rate based on your specific health and goals. All of the recommendations will be based off of the details you provide. It’s very important that you're honest and answer your agent's questions accurately. 
    Step 4 : Compare realistic rates
    This is where we really begin working to figure out exactly which company will get you the best rate, and how to make it happen. There are literally hundreds of companies and thousands of policy options available. We'll make sure you get the best one based on what you'll qualify for.


    • In addition to the policy guarantees, your Secure Lifetime GUL 3 policy offers a couple ways to get guaranteed benefits while you’re still living! You could be the beneficiary of your own policy with their living benefits.
    • Accelerated Access Solution  What if you get really sick at some point in your life? If you happen to get a chronic illness condition, your Accelerated Access Solution rider can provide you access to the tax-free death benefit from pre-determined monthly payments. How does it work? For as long as you’re ill or until the death benefit is exhausted- but if you pass away, your remaining death benefit will be paid out to your beneficiary.
    • Lifestyle Income Solution There’s no question that people are living longer then ever. The Lifestyle Income Solution rider can help you make those additional years better. Starting at age 85, it provides you to make your death benefit into a stream of extra income that can be used for any purpose. The payments are usually tax-free up to the amount of cumulative premiums. As before, any remaining death benefit will be paid to your named beneficiaries.


    AIG is just one of many life insurance companies in the market. They don’t offer every option and they aren’t always priced the best. Depending on your health and age- another carrier may give you a better deal.

    Health Class Ratings

    Life insurance classifications are important because they affect your premium. The better your health class rating, the lower your premium will be with. All companies (including AIG) classify you differently.

    These are the health classes that are offered with American General:

    Underwriting Information

    Not all life insurance companies will look at you the same. AIG and every other company has their own underwriting guidelines. Here are American General’s underwriting strengths and weaknesses:

    Life insurance underwriting is the process of a company looking at the level of risk you present to the insurer. Once they can determine your risk level- they can decide the cost of the premium for you. This is similar to how a car insurance company will ask you if you have had any previous moving violations, accidents, DUI or license suspensions before providing you your final rate.

    Learn more: Underwriting


    These conditions typically get a better rating compared to the competition:


    These conditions may get a better rating with another carrier:

    Life Insurance Riders

    Let’s look at what life insurance riders are available with this guaranteed universal life insurance policy.

    Life insurance riders are some additional benefits that can be added to a life insurance policy. Some riders are included for free and some are an additional cost. These riders provide you the ability to increase or limit the insurance coverage of your policy. Not all companies offer every rider.

    Learn more: Life Insurance Riders

    How to buy the best Guaranteed Universal Life policy?


    We cannot stress enough the importance of using an independent life insurance agent to help you choose the right GUL product at the most affordable price possible. 

    Independent life insurance agents have access to multiple companies. We know which life insurers offer the best rates when it comes to buying guaranteed universal life insurance.

    We hope this article gives you a good overview of guaranteed universal life insurance. GUL policies are a great solution for many shoppers that can provide protection for your loved ones.


    Always shop around. Use an impartial life insurance broker who represents dozens of life insurance companies. We’re licensed brokers who help our customers find the best life insurance carrier and options that’s right for them.

    We do not push any companies because we have access to all the top life insurance carriers. We don’t try to put shoppers into a plan that is not suitable for their goals and needs. Our number one concern is our clients and future policyholders.

    We offer you free life insurance consultations and work with you to understand your goals and then help you with an appropriate recommendation.  So, what are you waiting for?  Contact us today or visit our Life Insurance Quotes page and see how we can help you!

    Michael Quinn

    Michael Quinn

    Michael is a licensed life insurance agent, expert & owner of Life Insurance Blog. LIB has helped thousands of shoppers understand life insurance and secure affordable coverage.

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