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Another Question About American Life Insurance Laws?

Question by Charry | Posted in Insurance

If there are two beneficiaries and the other has died, can the insurance be transferred to the heirs of the deceased? The beneficiaries actual in California.

Answer: No; the uneaten beneficiary becomes sole beneficiary. This is easily prevented by naming either contingent beneficiaries or per stirpes (descending forebears) designations to the beneficiaries.
 
 

I Have A All American Life Insurance Policy Issued 12/1/58. I Can Not Locate This Comnpany. It Was Taken Over.?

Question by Gus D | Posted in Insurance

All American was charmed over by General United Life Insurance Company 5/14/1981. I would like to cash this policy in. The expiration companion on the policy is 12/1/2012. I have contacted American General Life Insurance Company who referred me to

Answer: I had a pretty pickle talking with the customer service people at Dell. They outsource and I was really getting frustrated. I can as a rule understand them but this one guy was making me crazy.

A site I've used to compare quotes in the past ...

http://www.safelinked.info/go.php?element=i nsurance

Hope that helps.

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Is Keeping Money In American General Life Insurance Bank Account Safe?

Question by Cris32 | Posted in Insurance

My mom passed away, leaving my dad and me with her life insurance from American Life insurance assembly. The company created for each of us our own bank account which have our money in there and give us a checkbook to write when need to pay for something.

But even the operation that sold my mom the policy said AIG is not safe, and it could go bankrupt again (like before the bail-out). So she recommended me to to take all my money to another major bank like bank of America.

Answer: I upright did a quick search, there is NO bank, in the USA, called "American General Life Insurance".

Any bank that is FDIC insured, is out of harm's way. Clearly, this isn't a bank account, OR, if it is, it's not with AGLI, but an affiliate. Sounds like a money customer base, actually, which is NOT FDIC insured, guaranteed, or backed in any way.

As with everything in the investment world, the greater the interest reckon, the greater the RISK involved.

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Anyone Know Anything About American Insurance Life? I Was Offered An Interview?

Question by blue jean baby | Posted in Other - Careers & Employment

I applied for so many jobs through profession builder, but they were for customer service positions, like call centers. I am a college student and for night hours. I have been reading some posts, and see that it is like door to door sales? If they don't put on the market customer service positions I am not even going to waste my time in the interview. Can anyone give me some advice?

Answer: It is a sales situation.

They want you to sign clients over to them.

If you can find something else, that is my advice.

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When You Work For American Income Life Insurance When You Make House Visit To Sell Life Insurance?

Question by The word Fan! | Posted in Insurance

Do you ride over there yourself or you go in a group with a car that's not yours.

Answer: I travail for them for about 6 months. you call the family and make a appointment with them, then you go to thier home. The job sucked, i hated it. I swtich to commerical insurance, and i passion it!

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