Is American General Life Insurance Company the same as AIG?

American General Life Insurance Company was established in 1960. As American General expanded its national presence and added new financial products and services over the years, the company was acquired by American International Group (AIG) in 2001.

How do I contact Valic?

Our Client Care Center is available at 1-800-448-2542, Monday through Friday: 7:00 A.M. to 8:00 P.M. Central Time.

How long does it take AIG to pay life insurance claim?

After the claim is initiated A member of our claims team will contact the Beneficiary within 24 hours to authenticate the beneficiary identity and discuss information we will need to process the claim. Payment by check is sent within 5 business days after we receive proof of death.

What is American General Life services?

About Us. American General Life Insurance Company has been helping protect the hopes and dreams of American families for more than a century. As part of the American General Life family, AIG Direct is one of the largest direct to consumer marketers of term life insurance in the country.

Is AIG still operating?

You may be surprised to learn that the American International Group Inc., better known as AIG (NYSE: AIG), is still alive and kicking, and is no longer considered a threat to the financial stability of the United States.

Is VALIC now AIG?

AIG Retirement Services will continue to serve you through our same family of companies, including VALIC and its subsidiaries, VALIC Financial Advisors, Inc. …

How long after death do you have to collect life insurance?

30 to 60 days
Life insurance companies pay out the proceeds when the insured dies and the beneficiary of the policy files a life insurance claim. You should be able to collect the life insurance payout within 30 to 60 days after you have submitted the completed claim forms and the supporting documents.

How long after death can you claim life insurance?

There is no time limit on life insurance death benefits, so you don’t have to worry about filling a claim too late. To file a claim, you can call the company or, in many cases, start the process online.