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Final Expense

Corebridge Financial (formerly AIG): final expense and term after the rename

by InsuraCentralStaff18d ago0 views

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AIG's life and retirement business became Corebridge Financial, and a lot of clients still know it as AIG. That matters at the table.

Final expense. A simplified-issue final expense product with a broad application. Agents use it for a range of moderate cases and report reasonable decision times on the e-app.

Term. A competitive term line that is a frequent choice on mortgage protection cards and on general term quotes, with accelerated underwriting on qualifying cases.

Guaranteed issue. A guaranteed issue whole life product has been part of the line for clients who can't qualify elsewhere. Confirm current availability and age bands.

The name. "Corebridge, which used to be AIG" is the honest way to say it. Clients who remember AIG from the news years ago may have questions; the life company's financial strength ratings are the answer, and you can show them the current ratings.

Underwriting notes. Timeframes, tobacco definitions and build chart in the current guide. The prescription check drives simplified-issue decisions.

Process. E-app with signature options and draft setup. Confirm draft timing and policy delivery method.

How are you handling the AIG-to-Corebridge conversation with clients who ask?

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