AIG Whole Life Insurance and Cash Value Paying Premiums

Posted in Whole Life Insurance over 4 years ago, 3 replies

I have a whole life policy with AIG that has a cash value of $31,400.00. I was considering letting the cash value pay the monthly premium. My statement says the termination date if no further premiums are paid would be 2021 (I'll be 70 then).
Two questions: should I be concerned that the insurer is AIG and are there consequences with having the cash value pay my premiums?

submitted by Robert in Seattle, WA

I would like a whole life with cash value quote for 50,yrs old ,non smoker ,good health ,6 ft 2 in 190 lbs ,quote should be for at least $200.000 25 yrs

submitted by OTIS ROBINSON in DALLAS ,TX @ February 01, 2009 - 01:24 PM

I am interested in a small, whole life policy that I can pay up. I have a term policy on my home, I have no bills, no children and simply want to leave something for my nephews and have a burial policy

submitted by Karen in St. Louis @ January 21, 2010 - 05:04 PM

I would like a whole life with cash value quote for 49,yrs old ,non smoker ,good health ,5ft 7 in 150 lbs ,quote should be for at least $200.000/25 yrs.

submitted by Jeffery in Jones @ February 28, 2012 - 08:34 PM

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