AIG Announces Elite Index II ®

  AIG Announces Elite Index II ®

New Product Offers Universal Option to Accelerate Death Benefits

Business Wire

HOUSTON -- March 31, 2014

American International Group, Inc. (NYSE: AIG) today announced the launch of
Elite Index II^® cost-effective universal life insurance with simplified
guarantees, an optional chronic illness accelerated benefit rider, increased
cap rates (now at 13 percent), and higher participation rates (now at 70
percent), which provide greater opportunity for growth in a well-performing

Elite Index II is offered with the Accelerated Access Solution^SM, an
innovative rider that provides policy holders the option to accelerate the
death benefit, income tax free (based on current tax laws), in the event of a
chronic illness if all applicable criteria are met.

“We’ve designed Elite Index II to be not only a smart choice for our
distribution partners to sell, but also a smart solution for many consumers to
buy, as it offers upside potential and downside protection,” said James A.
Mallon, President, Life Insurance, AIG Global Consumer Insurance. “Elite Index
II offers an affordable death benefit and a simplified no-lapse guarantee for
20 years or until age 80, whichever comes first, as well as the potential for
growth in policy value and the ability for clients to access the funds while
still living. It is life insurance you don’t have to die to use.”

With Elite Index II, clients can choose from among three interest-crediting
accounts to fit individual needs:

  *A declared interest account with a 2 percent guaranteed minimum annual
    interest rate.
  *A choice between two index interest accounts with interest crediting
    linked to the S&P 500^® with a minimum annual guaranteed interest rate of
    0.25 percent, regardless of index performance. These index accounts
    provide the potential for higher crediting interest rates when the index
    is up and the safety of a minimum guaranteed interest rate.
  *Further flexibility is provided through a Choice Loan option, which allows
    Elite Index II policy holders to access their funds, but also have the
    loan collateral eligible for index interest.

For more details on the features, customization options, and benefits of Elite
Index II — life insurance that clients don’t have to die to use — visit

^1 The S&P 500 (the “Index”) is a product of S&P Dow Jones Indices LLC or its
affiliates (“SPDJI”) and has been licensed for use by AGL. Standard & Poor’s^®
and S&P^® are registered trademarks of Standard & Poor’s Financial Services
LLC (“S&P”). These trademarks have been licensed to SPDJI and sublicensed for
certain purposes to AGL. Elite Index II is not sponsored, endorsed, sold or
promoted by SPDJI, S&P, or their respective affiliates, and none of such
parties make any representation regarding the advisability of paying premiums
for Elite Index II nor do they have any liability for any errors, omissions,
or interruptions of the Index.

Policies issued by American General Life Insurance Company (AGL). Issuing
company AGL is responsible for financial obligations of insurance products and
is a subsidiary of American International Group, Inc. (AIG). Guarantees are
backed by the claims-paying ability of AGL. May not be available in all states
and product features may vary by state. Policy Form Number 13717; Policy Form
Number 13717N; Accelerated Access Solution (Chronic Illness Accelerated Death
Benefit Rider) Policy Form Number 13600.

American International Group, Inc. (AIG) is a leading international insurance
organization serving customers in more than 130 countries. AIG companies serve
commercial, institutional, and individual customers through one of the most
extensive worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and retirement services
in the United States. Products or services may not be available in all
countries, and coverage is subject to actual policy language. AIG common stock
is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Additional information about AIG can be found at | YouTube: |Twitter: @aiginsurance | LinkedIn: |


AIG Life and Retirement
Stasa Cushman, 713-831-6414
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