Rapid Rater
Term Quoter for AG Select-a-Term® and AG ROP Select-a-Term®
Our new web-based Rapid Rater is even easier to use. No more downloads required--simply click on the green button to start quoting with AG Select-a-Term® and AG ROP Select-a-Term®.
Use the Rapid Rater to see premiums for all the term durations and underwriting classes available to your client with AG Select-a-Term®. These are not formal quotes and do not include any riders. You will not be able to save any of the files produced to your computer.
Instructions for using Rapid Rater
From the drop-down menus in the left-hand criteria box:
Please note: You will need Internet Explorer version 6, 7, 8 or FireFox to use the Rapid Rater.
1. Select a state
2. Select a gender
3. Enter the proposed insured’s age (nearest birthday)
4. Enter a face amount
5. Select a premium mode
6. Enter flat extras or table rating, if any
7. Locate the term period desired in the left column of the chart
8. Locate the appropriate premium class across the row
This Web page is designed to provide product information for life insurance agents. If you are not a life insurance agent, please visit the American General Life Companies consumer and policy owner Web site at www.americangeneral.com.
If you are an agent already contracted with American General, please login or register to access the secured portion of our Web site to obtain complete product and business submission information.
AG Select-a-Term premium rates current as of November 16, 2009. AG ROP Select-a-Term premium rates current as of April 26, 2010. Rates may vary by state. Premiums available for other rate classes, age and payment plan on evidence of insurability. Premiums increase at the end of level term if policy is renewed. Death benefit remains level and is payable in lump sum, or installments, if so elected. Death benefit remains level.
AG ROP Select-a-Term accumulates a cash value that starts no later than the fifth policy year. At the end of the level premium period, the cash value of the in-force policy equals the total of cumulative premiums paid, less any charges for substandard ratings and riders. If the client surrenders the policy, this amount is paid out, minus any outstanding loan balance. Alternatively, the same amount may be rolled into a permanent plan of insurance should the insured be eligible for and choose to exercise the conversion option. Coverage may also be continued beyond the level premium period by payment of increasing annual premiums, and the policy will continue to build cash value until the policy anniversary nearest the insured's 95th birthday when the cash value will equal the face amount of the policy. The cash value, minus any outstanding loan balance, will then be distributed as the endowment benefit. The cash value and endowment benefit are subject to all terms and conditions detailed in the policy.
Policies issued by:
American General Life Insurance Company
2727-A Allen Parkway, Houston, Texas 77019
AG ROP Select-a-Term Policy Form Number 10001
AG Select-a-Term Policy Form Number 07007
Accidental Death Benefit Rider 79002
Terminal Illness Endorsement 91401
Child Rider 79410
Waiver of Premium Rider 79001
Disability Income Rider 06301
The United States Life Insurance Company in the City of New York
AG ROP Select-a-Term Policy Form Number 10001N
AG Select-a-Term Policy Form Number 09007N
Accidental Death Benefit Rider ADB79-1E
Child Rider CI79-1E
Waiver of Premium Rider WP79-1E
The underwriting risks, financial and contractual obligations, and support functions associated with the products issued by American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (USL) are each insurer’s responsibility. USL is authorized to conduct insurance business in New York. Policies and riders are not available in all states. Guarantees are subject to the claims-paying ability of the issuing insurance company.Important: Prior to soliciting business, be certain that you are properly licensed and appointed with the insurer and that the product has been approved for sale by the insurer in that state. If uncertain, contact your American General Life Companies representative for assistance.
FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC.