HOUSTON--(BUSINESS WIRE)--Individuals and businesses served in the United States by financial services firm Edward Jones now have access to a suite of life insurance products from member insurers of American General Life Companies (American General). American General’s affiliation as a preferred life insurance partner with Edward Jones further augments the carrier’s extensive distribution network for products, including guaranteed universal life insurance (GUL), variable universal life insurance (VUL), survivorship universal life insurance (SUL), and term life insurance.
“We are delighted to have the opportunity to serve the over 12,000 Edward Jones financial advisors in the US as they help individuals reach their serious, long-term financial goals,” said John Deremo, Executive Vice President and Chief Distribution Officer, Life Insurance, AIG Financial Distributors. “Edward Jones is a leader in the financial-services industry, and through our valued partnership, their financial advisors now have access to our portfolio of innovative, flexible protection solutions that truly meet the needs of today’s consumers.”
Edward Jones Principal Merry Mosbacher said, “Our clients face a number of uncertainties, such as longevity, inflation and health care costs. The newly approved American General life insurance products can help our financial advisors address client concerns by offering a way to help them prepare for the unexpected. With approximately $917 billion in life insurance death benefit in force1, and having paid more than $38 billion in claims and benefits in the past five years alone2, American General has been keeping promises to American families and businesses for more than 160 years, and we look forward to a mutually beneficial long-term relationship.”
For more information about American General Life Companies, visit www.americangeneral.com.
For more information about Edward Jones, visit www.edwardjones.com.
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American General Life Companies, www.americangeneral.com, is the marketing name for the insurance companies and affiliates comprising the domestic life operations of American International Group, Inc., including American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (USL). The underwriting risks, financial and contractual obligations and support functions associated with the products issued by AGL and USL are the issuing insurer’s responsibility. USL is authorized to conduct insurance business in New York. Guarantees are subject to the claims-paying ability of the issuing insurance company. Policies and riders are not available in all states.
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Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. Every aspect of the firm’s business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm’s 13,000-plus financial advisors work directly with nearly 7 million clients to understand their personal goals — from college savings to retirement — and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment options available today. Edward Jones, which ranked No. 8 on FORTUNE magazine’s “100 Best Companies to Work For 2013,” is headquartered in St. Louis. The Edward Jones Web site is located at www.edwardjones.com, and its recruiting Web site is www.careers.edwardjones.com. Member SIPC.
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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 (US Life).
2 Source: Statutory Annual Statements for American General Life Companies insurers, 2008-2012.
