Is AIG the same as American general?

American General is part of the American International Group (AIG). They offer term life insurance, guaranteed issue whole life insurance, universal life, variable universal life, and accidental death and dismemberment insurance.

Is AIG direct the same as AIG?

As part of the Life Insurance division of AIG, AIG Direct helps families secure quality life insurance coverage through a direct-to-consumer approach that is both simple and convenient. Since 1995, AIG Direct’s vision focuses on helping Americans secure life insurance at affordable prices.

How do I make an AIG payment?

Call toll free: 1-888-978-5371. Phone payment is only available for clients with continental U.S. billing addresses. Follow the prompts to complete your payment. If you make a payment by debiting your bank account/credit card, you are authorizing AIG Private Client Group to execute that transaction on your behalf.

How do I contact AIG customer service?

Call us toll free: 1-888-978-5371.

What was the AIG scandal?

The most prominent scam in the recent history of American economy was the AIG Accounting Scandal of 2005. The AIG was found guilty of entering into sham transactions in order to inflate the reserves and to conceal losses. It was also found guilty of misled the Insurance Department about offshore affiliates of AIG.

What is AIG called now?

With the failure of the parent company and the continuing recession in late 2008, AIG rebranded its insurance unit to 21st Century Insurance.

When did American general become AIG?

2001. AIG acquires American General Corporation, a leading life insurer.

Who took over American General Life Insurance Company?

After continuing its acquisition spree in the 1990s, AG was itself bought up in 2001 by American International Group, Inc. (AIG).

Who bought American General Insurance?

NEW YORK (CNNfn) – As expected, American International Group Inc. won its $23 billion takeover bid for American General Corp. Friday, scuttling an earlier deal inked by U.K. insurer Prudential PLC.

Who bought out American general?

(NYSE: AIG) and Fortress Investment Group LLC (NYSE: FIG) announced today that certain Fortress managed funds acquired 80% of American General Finance Inc. (AGF), a leading provider of consumer credit, from AIG. AIG retained a 20% interest in the AGF business.

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