American General Life Insurance Company (Texas); Contacts, Services, Coverage, Claims, Cancellations, Benefits and More

American General Life Insurance Company, based in Houston, Texas, has offices all over the United States.

They provide their products and services through a network of independent insurance agents and brokers.

American General Life Insurance Company
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American General Life Insurance Company (Texas)

American General Life Insurance Company (Texas) is a wholly-owned subsidiary of Corebridge Financial, Inc.

Corebridge Financial was formed in 2021 when American International Group, Inc. (AIG) and Athene Holding Ltd. merged.

They’re a leading provider of life insurance products like term life insurance, whole life insurance, and universal life insurance.

A.M. Best rates them as “A+” (Superior), and Fitch gives them an “A++” (Superior) rating.

Based in Houston, Texas, American General Life Insurance Company (Texas) has offices across the United States.

They distribute their products and services through independent insurance agents and brokers.

Contacts

Address: 2727-A Allen Parkway Houston, TX 77019-2191

Phone: (800) 521-2773

Website: https://www.americangeneraltermlife.com

Customer service hours: Monday-Friday: 8:00 AM – 6:00 PM CST Saturday: 9:00 AM – 12:00 PM CST

Claims: Call (800) 521-2773 or visit the company’s website.

Agents and brokers: To find an independent insurance agent or broker who can sell you American General Life Insurance Company (Texas) products, you can visit the company’s website or call (800) 521-2773.

American General Life Insurance Company (Texas) Products

  • Term Life Insurance: Term life insurance covers you for a specific time, like 10, 20, or 30 years. It’s usually the cheapest life insurance. It’s good if you only need coverage for a set time, like paying off a mortgage or saving for your kids’ education.
  • Whole Life Insurance: Whole life insurance covers you for life and builds cash value over time. It’s pricier than term life but suits those who want lifelong coverage and a cash value investment.
  • Universal Life Insurance: Universal life insurance is flexible, covering both your needs and budget. It often has a cash value you can use during your life.
  • Riders: Riders are optional extras you can add to your policy. They provide extra coverage or benefits. Examples include accidental death, premium waiver, and child riders.
  • Living Benefits: Living benefits are payouts while you’re alive. They can cover things like long-term care, chronic illness, or terminal illness.
  • Annuities: Annuities offer guaranteed income in retirement. American General Life Insurance Company (Texas) has various annuity products, such as fixed, variable, and indexed annuities.

Filing Claims

You can call (800) 521-2773 or visit the company’s website.

When you file a claim, you will need to provide the following information:

  • The policyholder’s name and policy number
  • The date of the policyholder’s death
  • The cause of death
  • The name and contact information of the beneficiary

Cancellations

To cancel a policy, you need to send a written request to the company. Your cancellation request should contain the following details:

  1. The policyholder’s name and policy number
  2. The date on which you would like the policy to be canceled
  3. The reason for the cancellation

Coverage Details and Exclusions

Coverage Details

  • Death Benefit: The death benefit is the money given to the beneficiary when the policyholder passes away. It’s usually the same as the policy’s face amount, but it can change based on the policy type and any added riders.
  • Cash Value: Some policies like whole life and universal life build up cash value over time. The policyholder can use this cash value during their life through loans or withdrawals.
  • Riders: Riders are optional extras for a life insurance policy that provide more coverage or benefits. Common riders include accidental death, premium waiver, and child riders.

Exclusions

  • Suicide: Most policies don’t cover suicide for a certain period after the policy starts. Typically, it’s two years, but it varies by policy.
  • Act of War: Policies often don’t cover death from acts of war.
  • Illegal Activity: Policies usually don’t cover death resulting from illegal activities like drug use or drunk driving.

Benefits of AGLIC (Texas) life insurance policies

  1. Financial Protection for Loved Ones: Life insurance can help your family cover expenses like funerals, debts, and everyday living when you’re gone.
  2. Peace of Mind: It gives you peace to know your family is financially secure after you’re gone.
  3. Tax Advantages: Life insurance benefits are typically tax-free. Your loved ones get the full amount without taxes.
  4. Cash Value: Some policies, like whole life and universal life, build cash value. You can use it during your life for loans or withdrawals.
  5. Financial Strength: They’re a solid company with a history of paying claims.
  6. Variety of Products: They offer different types of life insurance for different needs.
  7. Competitive Rates: Their life insurance rates are competitive.
  8. Good Customer Service: They’re known for good customer services.

Frequently Asked Questions (FAQs)

Q: How much does American General Life Insurance Company (Texas) life insurance cost?

A: The cost depends on the policy type, coverage amount, your age, and health. American General Life Insurance Company (Texas) is famous for its affordable life insurance rates.

Q: How long does it take AGLIC (Texas) to pay claims?

A: American General Life typically pays claims within 30 days of the claim being approved.

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