American International Group (AIG) Life Insurance Reviews and Ratings

About American International Group

AIG is a global insurance company with operations in more than 80 countries and jurisdictions.

AIG’s roots began in 1919 when Cornelius Vander Starr established a general insurance company in Shanghai, China. The first U.S. office of American International Underwriters opened in New York in 1926, and the company’s headquarters moved to New York in 1939. The company continued to grow internationally for the next several decades.

AIG provides insurance and retirement products. In 1999, AIG acquired Sun America, a retirement and financial services company, and in 2001, AIG acquired American International Group, a life insurance company that was founded in Houston in 1926.

AIG’s “quality of life” insurance products include living benefits that pay out a portion of your life insurance benefits early if you have a chronic illness and need help with at least two activities of daily living; or if you have a critical illness such as a heart attack, stroke or certain kinds of cancer; or if you have a terminal illness and doctors expect you to live for less than 24 months.