AIG vs State Farm Life Insurance

  • YEAR FOUNDED
    1919
  • CURRENT CEO
    Brian Duperreault
  • AVAILABLE
    36 States
  • ADDRESS
    American International Group, Inc. 175 Water Street New York, NY 10038
  • TOP AWARDS

    Top 50 Companies for Diversity

    Insurance Industry Innovator

    Top 100 Companies for Internship Program

  • PROS
    • Strong financial stability.
    • Strong product lineup.
    • Flexibility.
  • CONS
    • Service many not be personal.
    • Lengthy claims process.
    • Strict underwriting.
  • YEAR FOUNDED
    1922
  • CURRENT CEO
    Michael L. Tipsord
  • AVAILABLE
    48 States
  • ADDRESS
    East P.O. Box 588002 North Metro, GA 30029
  • TOP AWARDS

    N/A

  • PROS
    • Great Term Life Insurance
    • Top rated customer service
  • CONS
    • Term lengths
    • Higher premiums than other companies
SOURCEAIGState Farm
JD Power2/55/5
BBBA-A-
AM BestAA++
Moody'sA2Aa1
FitchA+N/A
Standard & PoorA+AA
Comdex Score8198
SOURCEAIGState Farm
Total Assets$ 498.30 billion (2017) $160.732 billion
Life Insurance in Force$224 Billion$901.7 billion
AIGState Farm
Term Life InsuranceSelect Term 10, 20, 30
Guaranteed Issue Whole Life InsuranceReturn of Premium 20, 30
Quality of Life InsuranceMortgage Life 15, 30
Universal LifeWhole Life
Variable Universal LifeLimited Pay 10, 15, 20
Accidental Death & DismembermentSingle Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
AIGState Farm
Select-a-Term®Select Term 10, 20, 30
QoL Flex TermReturn of Premium 20, 30
QoL Flex TermMortgage Life 15, 30
QoL Guarantee Plus GUL IIWhole Life
QoL Value+ ProtectorLimited Pay 10, 15, 20
QoL Max Accumulator+Single Premium Life
Secure Lifetime GUL 3®Universal Life
AG Secure Survivor GUL II®Survivorship Universal Life
Value+ ProtectorJoint Universal Life
Max Accumulator+
AIGState Farm
Accelerated access.N/A
Lifestyle income.
Accidental death benefit.
Children’s protection.
Waiver of premium.
Terminal illness.
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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