Key Takeaways
- American General Life Insurance is not a standalone annuity provider. It is a subsidiary of American International Group (AIG) and offers annuity products under the Corebridge Financial banner.
- The company holds excellent credit ratings from leading credit agencies, like Moody’s and AM Best, which attests to its financial stability.
- American General Life Insurance offers variable annuities, fixed annuities and indexed annuities.
- You can contact the company at 888-517-9797 on weekdays from 7 a.m. to 5 p.m. PST.
About American General Life Insurance
American General Life Insurance is the primary issuer for most of AIG’s annuity and life insurance products outside of New York. It doesn’t sell any financial products under its own name and branding. Instead, its products fall under Corebridge Financial.
In 2022, American General managed more than $15.1 billion in premiums and deposits across its annuity products. It operates in more than 70 countries and is slated to expand into even more markets over the coming years.
You can contact American General Life Insurance by phone at 888-517-9797. The line is staffed Monday to Friday from 7 a.m. to 5 p.m. PST.
Credit Ratings
American General enjoys excellent financial standing. The subsidiary holds the some of strongest credit ratings of AIG’s operations and is very stable, according to leading credit reporting agencies Moody’s and Fitch.
| Credit Agency | Rating |
|---|---|
| Standard & Poor’s | A+ |
| A.M. Best | A |
| Moody’s | A2 |
| Fitch | A+ |
Annuity Products Offered by American General
American General offers many annuities under Corebridge Financial. Its types of annuity products fall into three categories: variable annuities, fixed annuities and indexed annuities.
Fixed Annuities
American General issues two types of fixed annuities: the Assured Edge Income Builder® Fixed Annuity and the American Pathway® Fixed Annuity. The Assured Edge Income Builder® Fixed Annuity offers a guaranteed lifetime income amount that grows each year based on your purchase amount and income growth rate. You can choose to receive your income on a monthly, quarterly, semiannually or yearly basis.
The American Pathway® Fixed Annuity offers tax-deferred, guaranteed interest earnings while also protecting your principal balance.
American General fixed annuities also allow access to your account value in case of an emergency and can provide a death benefit for your designated beneficiaries.
American General Life Insurance’s line of fixed annuities under Corebridge Financial includes:
- The Assured Edge Income Builder® Fixed Annuity
- The American Pathway® Fixed Annuity
Indexed Annuities
American General indexed annuities offer growth potential and protection for your principal against dips in market value. With the Multiplier Flex option, you can double the interest earned before starting payments. According to Corebridge Financial, you accumulate assets with an indexed annuity based partly on different indexes.
American General Life Insurance’s line of indexed annuities under Corebridge Financial includes:
- The Power Series Index Annuity with Lifetime Income Plus Multiplier Flex®
- The Power Series Index Annuity with Lifetime Income Max®
Variable Annuities
American General offers variable annuities like the Polaris Variable Annuity and the Advanced Outcomes Annuity through Corebridge Financial. The Polaris Variable Annuity allows you to lock in investment gains and guarantee your income will grow with each year that you defer. The Advanced Outcomes Annuity helps you grow your funds with structured investments that fit your risk profile.
American General Life Insurance’s line of variable annuities under Corebridge Financial includes:
- The Polaris Variable Annuity with Polaris Income Plus Daily Flex
- The Advanced Outcomes Annuity
Will You Be Able to Maintain Your Retirement Lifestyle?
Learn how annuities can:
- Help protect your savings from market volatility
- Guarantee income for life
- Safeguard your family
- Help you plan for long-term care
Speak with a licensed agent about top providers and how much you need to invest.
Client Resources
American General supplies customer service online and by phone at 888-517-9797.
Corebridge Financial’s online portal gives clients access to their annuity information. You can also use it to pay premiums, view your payment history or request an unscheduled withdrawal.
If you have questions about their products or services, you may find the answer in the company’s extensive customer support documentation.
If you have an annuity with American General Life Insurance, you can log into your account at: Corebrige Financial.
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Editor Malori Malone contributed to this article.
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