Universal life buyers are often faced with a difficult choice. Those who opt for the security of fixed products have to accept today’s low interest rates. On the other hand, those who choose the growth potential of variable products have to live with the inherent volatility.
Today, there is another choice. Elite Index UL from American General Life Insurance Company (American General Life) offers benefits from both choices — the potential for higher credited interest rates when the index used with the policy is up, and the safety of principal with a minimum guaranteed interest rate when the index is down.1
- The flexibility to choose each year (beginning with the first policy anniversary) between indexed interest crediting linked to the S&P 500 Index2 and excess interest crediting set by American General Life
- Minimum death benefit $100,000
- Income-free tax death benefit3 and tax-deferred cash value accumulations4
- Tax-advantaged distributions through flexible withdrawals5 and loans6
- Issue Ages: 0 - 75
- Maturity Extension Rider8: extends coverage past the original maturity
age of 100, provided the policy is in force. Extended death benefit can be equal to the accumulation value (MER-AV) or the death benefit (MER-DB) at maturity
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- Monthly Guarantee Premium Rider: Offers two guarantee periods, allowing the policy to remain in force during the guarantee period as long as the cumulative monthly guarantee premium requirement is met — regardless of what happens to interest rates and cash values
- Accidental Death Benefit: Provides up to $200,000 in additional benefits if the insured’s death is accidental
- Children’s Insurance Benefit: Provides term insurance on dependent children up to issue age 19
- Spouse Annually Renewable Term: Provides level term insurance on the insured’s spouse, up to two times the base policy specified amount
- Terminal Illness Rider: Offers a living benefit if the insured is diagnosed with a terminal illness
- Waiver of Premium: Waives the monthly guarantee premium or monthly deduction while the insured is disabled
Get more information regarding Elite Index Universal Life and other American General life insurance products. 
1 Guarantees are subject to the claims-paying ability of the issuing insurance company.
2 "Standard & Poor’s®", "S&P®", "S&P 500®", "Standard &
Poor’s 500" and "500" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by American General Life. This product is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of purchasing this product.
3 Based on current federal income tax laws.
4 Consult with your tax professional to determine if these transactions trigger a taxable event. Withdrawals are subject to a 19-year decreasing surrender charge schedule.
5 Withdrawals are subject to a 19-year decreasing surrender charge schedule.
6 Preferred loans subject to terms of the policy and available after 10 years.
7 See the policy and riders for complete details. There may be a charge for each rider selected. All benefits payable are subject to the terms and conditions of the policy and riders, including benefit durations, limitations and exclusions. Not all benefits, rates and exclusions are covered in every state. Adding or deleting riders and increasing or decreasing coverage under existing riders can have tax consequences.
8 Policies may be subject to tax consequences when continued beyond the maturity date. The policy may not qualify as life insurance under Internal Revenue Code after age 100. Policy owners should consult a qualified tax advisor before electing this option.
Policies issued by:
American General Life Insurance Company
A subsidiary company of American International Group, Inc. (AIG)
2727-A Allen Parkway, Houston, TX 77019
Policy Form Number 04330
Accidental Death Benefit Rider Form Number 82012
Children’s Insurance Benefit Rider Form Number 82410
Terminal Illness Rider Form Number 91401
Spouse/Other Insured Rider Form Number 88390
Maturity Extension Riders Form Numbers 99110, 99111
Monthly Guarantee Premium Rider Form Number 03071
Waiver of Monthly Deduction Rider Form Number 82011
The underwriting risks, financial obligations and support functions associated with the products issued by American General Life Insurance Company (American General Life) are its responsibility. AIG does not underwrite any insurance policies referenced herein. American General Life is responsible for its own financial condition and contractual obligations. American General Life does not solicit business in the state of New York. Policies and riders not available in all states.
