1 american general. 2 creates one of the largest, strongest and most diversified life insurance...

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AMERICAN GENERAL

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Creates one of the largest, strongest and most diversified life insurance companies in the industry Balanced and extremely diversified book of business – life insurance, A&H, variable annuities, indexed annuities,

fixed annuities, immediate income annuities, group benefits, structured settlement annuities and other institutional products

Makes it easier to do business with us – financial advisors only need to be appointed with American General Life to sell our broad portfolio of products

SunAmerica Life Insurance Company (Arizona)

American General Assurance Co. (Illinois)

SunAmerica Annuity and Life Assurance Company (SAAL)

(Arizona)

American General Life Insurance Company of Delaware

American General Life & Accident Insurance Co. (Tennessee)

Western National Life Insurance Company (WNL) (Texas)

American General Life Insurance Company

(Texas)

The New American General Life Insurance Company

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Financial Strength

Standard & Poor’sa A+ Strong

Moody's Investorsb Service* A2 Good

Fitch Ratingsc A+ Strong

A.M. Best Companyd A Excellent

Earning your trust

1 Source: Statutory Annual Statements as of December 31, 2012, for American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (USL) for all lines of business including life, annuities, accident & health, ordinary and group

2 Source: Statutory Annual Statements for AGL and USL 2008-20123 As of 12/31/2012; Source: AIG 4Q2012 Quarterly Financial Supplement4Source: Statutory Annual Statements as of December 31, 2012, for AGL and USL

13 million

$38 billion

$91 billion

$917 billion

Lives protected1

Claims paid over past 5 years2

In total AUM3

Life Insurance in Force4

a Stable outlook b. Stable outlook

c Stable outlook d. Stable outlook

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AIG Represents a Significant Portion of the U.S. Insurance Index

Market Capitalization of U.S. Insurance Companies Over $5 billion

Source: Bloomberg as of 3/25/13. Excludes insurance brokers MMC and AJG.

$56

$42

$32

$27 $24 $23 $23

$15

$12 $10 $9 $9 $8 $7 $7 $6 $6

AIG MET TRV PRU AFL ALL CB PGR HIG PFG LNC CNA CINF UNM Y WRB TMK

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Leader in Product Innovation

Hybrid IUL/GULfor Mass Affluent

AG Choice Index GULSM

First-to-MarketGlobal IUL for

Maximum Cash Value

Elite Global Plus II®

& Elite Global Survivor®

Elite Global Plus II®

& Elite Global Survivor®

Elite Index®

& Elite Survivor Index®

Classic Indexed UL for Middle

Income Clients

17 Durations to meet client’s individual needs

AG Select-a-Term® & AG ROP Select-a-Term

IUL Innovation

Term Innovation

Value-Packed GUL with optionality

AG Secure Lifetime GUL® & AG Secure

Survivor GUL

GUL Innovation

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AG Secure Lifetime GUL approved in all statesAG Secure Survivor GUL approved in all states except NY

Guaranteed Universal LifeProtection with “Optionality”

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Individual & Survivor GUL: competitive price with unmatched flexibility

Substantial Guaranteed Cash Value for future flexibility

Guaranteed Access to cash without losing guarantee as needs change

Two-year rolling Targets on all UL products (except NY)

Two Standard Classes on AG Secure Lifetime GUL

– Standard Plus NT: may create a discount of nearly 15% for some clients

– Standard NT & T: includes up thru table 2 for issue ages thru 70

– AG Secure Survivor GUL – traditional Standard classes; no Standard Plus

Markets– Lifetime Family Needs– Estate Planning/Liquidity– Wealth Transfer– Leverage Lifetime Gifts– Business Succession

AG Secure Lifetime GUL/AG Secure Survivor GUL: The Basics

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Face$1M, gtd. to 121

Annual Premium 20,999

Guaranteed Cash at

85 $154,415

Face$500K, gtd. to

121

Annual Premium $10,560

Guaranteed Cash $77,207

AG Secure Lifetime GUL “Optionality”Also Available on AG Secure Survivor GUL

50% Withdrawal

at 85$77,207

Unique Partial Withdrawal CapabilityAccess Cash and Preserve Death Benefit Guarantee

Male, age 65, PNT, guaranteed to 121

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Lifestyle Income SolutionSM

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Paul age 55, plans to retire in

about ten years. His 401(k) is

expected to generate $2,000 per

month for life. Paul estimates he

will receive $1,500 per month in

Social Security benefits, and he

also has $300,000 in a savings

account.

He plans to withdraw about $1,500

a month from his savings account

which, when combined with social

security and his 401(k), should

generate an income stream of

$5,000 per month.

Case Study

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$400,000

$300,000

$200,000

$100,000

$0

Age 65 Age 85 Age 95

$490,000 Life Insurance Coverage

Income

Guaranteed Withdrawal Benefits begin at age 85

Reduction of Death Benefit as GuaranteedWithdrawal Benefits are paid as income

Remaining DeathBenefit $309,425

$180,575 paid underLifestyleIncome Solution

Death atage 95

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AG Secure Survivor GUL®

Survivor version of AG Secure Lifetime GUL

Creates valuable long-term options for the policy owner

1. Guaranteed Death Benefit2. Guaranteed Cash Value3. Guaranteed Access

New 15 year ROP benefit

High Rolling Targets

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AG Secure Survivor GUL: Return of Premium

GuaranteedDeath Benefit

Current Age Age 121End of15th Year

Guaranteed Premium

Enhanced Surrender Value Rider (included at no charge)8

• Condition 1: Generally, policy has guaranteed period of age 100 or more

• Condition 2: Surrender policy within 60 days after the end of the 15th year

The Result Policy owner will receive a FULL REFUND of ALL premiums paid

• Amount of refund is NOT contingent upon insurability of either insured• If one insured has already passed, the remaining insured can still

receive full return of premiums paid

Return of ALL Premiums Paid

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Protection Guarantees with OptionalitySM

Adjust Death Benefit to Changing Needs

AG Secure Survivor GUL®

Adapt to changing circumstances — with the return of premium feature

Jennifer(age 53)

John(age 55)

John owns a business. He and his wife, Jennifer, have 3 children.

Their estate (business and home) is worth $6 million and estimated to be valued at $10.8 million when John is 70, with estimated taxes of $4.7 million under a standard credit shelter trust.

At age 62, John plans to sell the business within 5 years, thereby becoming liquid for the estate tax bill.

1. For the State of Texas as of December 10, 2012. Not an actual case, presented for illustrative purposes only. Guarantees are subject to the claims paying ability of the issuing insurance company.

FOR PRODUCER USE ONLY-NOT FOR DISSEMINATION TO THE PUBLIC

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Concerns…

What if both John and Jennifer die?

Their children will not have the liquidity to pay the

estate tax bill.

They may be forced to sell the business or the home

in a rush.

How can they cover their current and future liquidity

needs if John dies before the business is sold?

FOR PRODUCER USE ONLY-NOT FOR DISSEMINATION TO THE PUBLIC

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1. For the State of Texas as of December 10, 2012. Not an actual case, presented for illustrative purposes only. Guarantees are subject to the claims paying ability of the issuing insurance company.

Under the policy's no-cost Enhanced Surrender Value Rider, if their business sells, they can surrender the policy and receive back all premiums ($721,935) at the end of the policy’s 15th year.

John and Jennifer buy a $5 million AG Secure Survivor GUL policy for $48,129 per year for 20 years to cover current and future liquidity needs, and to guarantee coverage until John is age 1211.

13 years later …

AG SecureSurvivor

GUL

Preferred Non-Tobacco

John, now 68, sold his business 5 years ago to a competitor who paid in 5-year installments. John received the final balloon payment and the estate has the liquidity they need. John and Jennifer pay their premiums for two more years and, surrendering the policy at year 15, receive $721,935—a return of all premiums paid.

Protection Guarantees with OptionalitySM

Solution Details

FOR PRODUCER USE ONLY-NOT FOR DISSEMINATION TO THE PUBLIC

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Prudently Aggressive Underwriting

High Retention Limits

Liberalized Standard Plus

Multiple Improved Offer Programs

Focused underwriting teams provide one single point of management for all of your cases: large or small, simple or complex

Competitive Offers

Foreign National / Foreign Travel

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Standard Plus Standard NonTobacco

Two Standard Classes

Includes Table B or $5.00 flat • Ages 18-70• All Permanent Plans

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What does Standard Plus look like?

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Help your clients get an upgrade on their rating

Help your clients get an upgrade on their rating

Better Choice Preferred

Better Choice Preferred

Preferred Offsets

Preferred Offsets

Healthy CreditsHealthy Credits

Programs to Improve Underwriting Offers

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Many impairments can still get BEST CLASS

Asthma Anxiety Depression Sleep Apnea Arrhythmia Epilepsy Crohn’s Liver Enzymes

Better Choice Preferred

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Offsets for:• Build• Family History• Cholesterol

• Example: 10 - 12 pounds over can get BEST CLASS

Preferred Offsets

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1 Table or 1 Preferred Class upgrade

4 out of 16 Healthy Credits can improve a case

All Products

Ages 41 – 70

Face Amounts Through $60 million

Healthy Credits

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Case Study

Age: 60

Needs: $10 million AG Secure Lifetime GUL

History: Family History and Sleep Apnea

1) Better Choice Preferred Move to Standard Plus

2) Preferred Offsets Move to Preferred NT

3) Healthy Credits Move to Preferred Plus

Standard Rate: $201,397

Preferred Plus Rate: $130,616

Savings: $ 70,781

Roger

35% Savings

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Ignore All Family History over age 65

Ignore Gender-Specific Cancer Family History Example: Male client / Mother died from Uterine Cancer

Elevated Hemoglobin A1C Possible Standard on A1C < 6.4

Treated Cholesterol can get Best Class• Cholesterol up to 280 can still qualify for PreferredUse Telephone Interviews to reduce APS orders• Asthma, Sleep Apnea, Rx Clarify, Colitis, Drug & Alcohol, Seizure HistorySCUBA: Up to 100 feet can get Best Class• Up to 10 dives per year• Certified or with a Dive MasterCigar Use: One per week can get Best Class• Negative Urine within the last 12 months• Not a former cigarette smoker

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Other Niches and Improvements

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Best Class for up to 8 weeks of travel to more than 200 countries around the globe.

Includes destinations in Asia, Africa, Central and South America, and the Middle East.

Foreign Travel

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50 Approved Countries

Foreign Nationals and Visa Holders

Examples: Argentina, Brazil, Colombia, China, Hong Kong, Japan, Mexico and Venezuela

Foreign Nationals

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Foreign NationalsApproved Countries*

A

Argentina

Australia

Belgium

Brazil

Canada

Chile

Costa Rica

Ecuador

France

Germany

Hong Kong

Italy

Japan

Panama

Peru

Poland

Singapore

South Korea

Spain

Switzerland

Taiwan

UAE

United Kingdom

Uruguay

B

Bahamas

China

Dom Republic

India

Israel

Jamaica

Malaysia

Mexico

Philippines

Russia

South Africa

Turkey

C Honduras Saudi Arabia Venezuela Vietnam

D Colombia

* See Foreign National Guidelines for a complete listing

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Foreign NationalsRate Class & Coverage Amounts

Country Code

Rate Class

Coverage Amount*

Term Permanent

A Best Class $3,500,000 $10,000,000

B Standard Plus Not Available $10,000,000

C Std Plus and $2/1000 Not Available $3,500,000

D Std Plus and $3/1000 Not Available $2,000,000

* Additional coverage may be available through reinsurance

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Master PlaybooksMarketing

www.americangeneral.com/masterplaybook

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Time Saving Portfolio of Technology Solutions

Our eServices are designed to make submitting, tracking and delivering policies faster and easier than ever:•Desktop•Web•Tablet•Mobile

AG Quick TicketSM is a simple online process to submit cases – on a computer or tablet – at NO COST to you!

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Questions or Comments