Improved
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“Agile Underwriting+” or “AU+” as described in this document, refers to a streamlined underwriting process that provides a path to policy approval that may not require an in-person paramedical examination.
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION.
IUL applicants ages 59 and under applying for $2 million*
or less coverage will start with the AU+ process
Do you have a case
that looks like this?
•
Term and GUL applicants ages 59 and under applying for
$1 million*or less in coverage also starts in the AU+ process
AU+ also provides the flexibility for an agent-completed
Part B for some cases
Client does not have any conditions as outlined by our
Agile Underwriting+ Guidelines (AGLC110667-LB)
•
•
Financial Professional Benefits:
Client Benefits:
• Easy processing - fewer requirements to gather
• Same great products - no changes to
compensation or features
• Option to use digital submission for the
fastest turnaround
• Opportunity for no exam, labs or
attending physician statement (APS)
• Real-time exam decision if labs are
needed and ability to schedule exam
immediately at conclusion of tele-interview
AU+ makes the purchase process simpler for your client, faster and easier for you to complete. Click below to see what makes AU+ better.
What makes AU+ better?
If we are unable to make an underwriting decision based on the AU+ process, your client will be moved to a fully underwritten process; which will include an in-person paramedical examination with blood and urine samples. AIG will be responsible for scheduling these medical requirements. No further action is required.
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FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION.
IUL applications: If total amount of AGL inforce andapplied-for coverage exceeds $2 million, exam and
labs are required. If total amount of AGL inforce and applied-for coverage is less than $2 million, AU+ is available up to a total inforce and applied-for amount of $2 million. Term/GUL applications: If total amount of AGL inforce and applied-for coverage exceeds $1 million, exam and labs are required. If total amount of AGL inforce and applied-for coverage is less than $1 million AU+ is available up toa total inforce and applied-for amount of $1 million.
*
Policies issued by: American General Life Insurance Company (AGL), Houston, TX. Policy Form Number: ICC16-16760, 16760, 19646, ICC19-19646; Rider Form Numbers: ICC15-15994, 15994, ICC15-15600, ICC13-13601, ICC14-14012, ICC16-16420, ICC14-14002, 14306, 07620, ICC15-15997, ICC15-15996, ICC15-15271, ICC15-15274, ICC15-15273, ICC18-18276, except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life), Policy Form Number: 15646N; Rider Form Numbers: 15994N 17600N, 13601N, 14012N, 16420N, 14002N, 07620N, 15996N, 15274N, 15272N. Issuing companies AGL and US Life are responsible for financial obligations of insurance products and are members of American International Group, Inc. (AIG). All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. Products may not be available in all states and product features including rates may vary by state. Please refer to your policy.
This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. Please consult with your financial professional regarding your situation. For legal, accounting or tax advice consult the appropriate professional.
FOR FINANCIAL PROFESSIONAL USE ONLY- NOT FOR PUBLIC DISTRIBUTION
© AIG 2022. All rights reserved.
AGLC111910 REV0122
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