Double Your Coverage - Marketing Index File

More documents

Recommendations

Info

Eligible PoliciesDouble Your Coverage is available to in-force, fully underwritten Term and Permanent policies issued by American GeneralLife Insurance Company (AGL) or The United States Life Insurance Company in the City of New York (USL). The application toincrease coverage must be signed within three years of the original policy’s effective date and submitted during the ProgramPeriod. The existing policy must have been issued Standard or better. Both Nontobacco and Tobacco classes are eligible.Existing policies in the following categories are not eligible:u Issued on a simplified or guaranteed issue basis u Policies subject to facultative reinsuranceu Term conversionsu Last Survivor Universal Life policiesu ContinUL, ContinUL Extend and ContinUL Extend Plus u VUL policiespolicies issued by United States Lifeu Whole Life policiesu Issued with substandard table ratings or flat extras u Internal/External replacementsu Insured was declined by any carrier subsequent u Policies in grace or disability modeto issue of existing policyMinimum Face AmountTo be eligible for Double Your Coverage, the face amount of the in-force policymust be $100,000 or greater.Available IncreaseThe minimum increase allowed is $100,000. The increase in coverage cannotexceed the existing policy coverage, and the total of existing and new coveragecannot exceed the total coverage maximum shown below.Maximum Total CoverageThe total coverage amount, after the increase, cannot exceed:u $2,000,000 for insureds whose attained insurance age is 0-55u $1,000,000 for insureds whose attained insurance age is 56-60Maximum total coverage must be within our internal retention.Maximum AgeExisting insureds whose attained insurance age is 60 or younger on the datethe increase in coverage is issued are eligible.Program PeriodDouble Your Coverage business must be submitted between October 1, 2009, andMarch 31, 2010. We cannot accept an application dated more than three years afterthe effective date of the original policy.RequirementsDouble Your Coverage is not a guaranteed issue program. The company will check the MIBand Rx database. An APS or other underwriting requirements may be requested if needed,based on underwriter’s sole discretion. See FAQ for complete case submission requirements.For AGL ContinUL, ContinUL Extend and ContinUL Extend Plus policies, the new coverage willbe issued in the form of a new, separate policy, available with the Death Benefit Option 1(Level Death Benefit) only. For other Universal Life policies, the new coverage will be processedas a face amount increase. New term coverage will be issued as a new, separate policy and mustbe the same product type as qualifying policy. The new term coverage can be any duration —longer, shorter or identical to the existing policy except that 10-year term is only available ifthe original policy is 10-year term.AGL and USL (Insurers) reserve the right to extend or terminate the Double Your Coverage program at their sole discretionwithout prior notice, and all decisions regarding the program will be at the Insurers’ sole discretion, and decisionsshall be final and binding.For more information, contact:Policies issued by:American General Life Insurance Company2727-A Allen Parkway, Houston, TX 77019ContinUL (04337), ContinUL Extend (05337) ContinUL Extend Plus (05337)The United States Life Insurance Company in the City of New York70 Pine Street, New York, NY 10270ContinUL (04337N, 04337NU), ContinUL Extend (05337N) ContinUL Extend Plus (05337N)The underwriting risks, financial and contractual obligations and support functions associated withthe products issued by American General Life Insurance Company (AGL) and The United States LifeInsurance Company in the City of New York (USL) are the issuing insurer’s responsibility. USL isauthorized to conduct insurance business in New York.American General Life Companies, www.americangeneral.com, is the marketing name for the insurancecompanies and affiliates comprising the domestic life operations of American International Group, Inc.,including AGL and USL.IMPORTANT: Prior to soliciting business, be certain that you are appropriately licensed and appointedwith the insurer and that the product has been approved for sale by the insurer in that state. If uncertain,contact your American General Life Companies representative for assistance.©2009. All rights reserved. AGLC103860 REV1009FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
Double Your CoverageAmerican General Life Insurance Company (American General Life) announcesthe Double Your Coverage program — an outstanding, limited-time opportunityfor you to increase your life insurance coverage. Double Your Coverageenables select policy owners who purchased coverage from American GeneralLife within the past three years to obtain additional protection withreduced paperwork and no exams or lab work.Have events in your life changed since you purchased your life insurancepolicy? Maybe you have a new job, new children, a new marriage, divorceor other change in yourcircumstances. Now is agreat time to considerthe need for additionalinsurance and perhaps takeadvantage of AmericanGeneral Life’s Double YourCoverage program.Applications under theDouble Your Coverageprogram must be submittedby March 31, 2010, socontact your agent today.For more information, contact:Policies issued by:American General Life Insurance Company2727-A Allen Parkway, Houston, TX 77019The underwriting risks, financial and contractual obligations and support functions associated withthe products issued by American General Life are its responsibility. American General Life doesnot solicit business in the state of New York.American General Life reserves the right to extend or terminate the Double Your Coverageprogram at its sole discretion without prior notice. All decisions regarding the program will be atAmerican General Life’s sole discretion, and decisions shall be final and binding.American General Life Companies, www.americangeneral.com, is the marketing namefor the insurance companies and affiliates comprising the domestic life operations ofAmerican International Group, Inc., including American General Life.©2009. All rights reserved. AGLC103889 REV1009
Page 1: SEEING DOUBLE?Your clients may be a
Page 5 and 6: It’s fourth quarter and the clock
Page 7 and 8: It’s fourth quarter and the clock
Page 9 and 10: Vol. 2, Issue 32, September 2009For
Page 11 and 12: Your periodic check-up on everythin
Page 13 and 14: American General Life CompaniesNEW
Page 15 and 16: Example #1E-mail preferences can be
Page 17 and 18: American General Life CompaniesCOMP

Double Your Coverage - Marketing Index File

Create successful ePaper yourself

Delete template?

Save as template?