AIG Direct Insurance is a well-known insurance company. They provide some types of insurance coverage. On this page, you will be able to learn more about this insurance company.
What is AIG Direct Insurance
AIG Direct Insurance is a type of life insurance offered by American International Group, Inc. (AIG). Through AIG Direct, individuals can easily obtain life insurance quotes on the company’s website. AIG Direct provides affordable rates on high-quality life insurance coverage, with level-term life coverage being one of the most popular options.
This type of insurance, also known as term-level life insurance, offers protection for a specific period, providing peace of mind for individuals and their families. By offering accessible and affordable life coverage solutions, AIG Direct aims to help individuals secure their loved ones’ financial futures.
AIG Direct Insurance Pros and Cons
Pros
- No medical exams or health questions
- Guaranteed approval
- Competitive prices
- Available in nearly all states
- It can be bought online
- Includes living benefit riders for terminal illnesses or chronic illnesses
- Allows coverage for people with uninsurable conditions
Cons
- Two-year waiting period
- Low coverage maximum
- No options above age 80
- Most customers can qualify for other products with underwriting
Types of Insurance Offered by AIG Direct
- Term Life Insurance: One of the most popular types of term insurance, level term life insurance, (or term level life insurance) available through AIG Direct, offers life insurance.
- Universal Life Insurance: One of two types of whole life coverage policies offered through AIG Direct.
- Guaranteed Issue Whole Life Insurance: One of two types of whole life insurance policies offered through AIG Direct.
- CrisiSolution® (Kidnap, Ransom & Extortion) Insurance: AIG Direct offers CrisiSolution® coverage for critical situations.
- AIG Travel Guard: Travel Insurance Solutions: AIG Direct offers travel coverage for individuals and families.
- Aerospace & Aviation Insurance: AIG Direct offers insurance services for the aviation industry.
- Producer Compensation Insurance: AIG Direct offers coverage for producers and compensation.
Frequently Asked Questions
Is AIG insurance legit?
AIG’s third-party consumer satisfaction ratings are disappointing. In J.D. Power’s 2022 U.S. Individual Life Insurance Study, AIG scores significantly lower than the industry average. Additionally, the National Association of Insurance Commissioners (NAIC) reports a higher-than-average complaint ratio for AIG, indicating a less-than-satisfactory customer experience.