Return of Premium Term Life Insurance

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Return of Premium Term Life Insurance

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AIG American General life insurance companies are leaders in the life insurance industry providing innovative products and services to over eight million customers.

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AIG American General

It’s the ultimate “win-win” situation: Now you can provide solid term life protection for your family AND, if you outlive the policy term, get all your money back when the term is up. ¹

ROP Term life insurance from American General Life Insurance Company. For 15-, 20- or 30-years, your policy will protect your family, your home and your savings should anything happen to you. And if you’re still alive when the term is up, we’ll give back all the premiums you’ve paid — no questions asked, no paperwork and no hassle. ¹

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Advantages of ROP Back To Top

Money Back: You’ll get all your premiums back if you outlive the policy term — guaranteed⁷
Loans: You can borrow from the cash value accrued in your policy and still keep your coverage²
Partial Refund on Surrender: Even if you surrender the policy (beginning the sixth policy year), you’ll get some of your money back¹

Coverage Continuity: Should you ever stop making premium payments, your policy will (depending on its cash value) automatically convert to paid-up coverage with a reduced death benefit³
Personalized Quote: Your agent can give you a customized quote showing your projected policy values from year to year all the way to the end of the term

Policy Highlights Back To Top

∙ Choice of Terms: Select a term that fits your needs and your budget — 15-, 20- or 30-years

∙ Guaranteed Level Premiums: Your affordable premiums are guaranteed to remain level throughout the policy term

∙ Convertibility to Permanent Life: Anytime during the level term period, you’ll have the option of converting your ROPTerm policy to a permanent life insurance policy ⁴

∙ Terminal Illness Endorsement: Should you be diagnosed with a terminal illness, you’ll have the option of drawing part of your policy benefit to help cover expenses ⁵

Rider Benefits Back To Top

Rider Benefits⁶

∙ Accidental Death Benefit: Pays an additional death benefit in case of death resulting from accidental injuries

∙ Waiver of Premium: If you’re ever unable to work because of illness or injury, we’ll waive your policy premiums until you’re able to return

∙ Child Rider: Extend your coverage to all your eligible children

∙ Disability Income Rider: Pays a monthly benefit up to two years if you are unable to work because of an illness or injury ⁸

∙ While you are receiving benefits under this rider all policy and rider premiums are waived
This rider has a separate return of premium schedule

¹ The cumulative premiums paid on the policy during the level term period (15, 20 or 30 years), not including any substandard and rider charges, will be paid to you at the end of the level term period if the policy is then in force. The premium returned does not take into account any time value of money. Beginning the sixth (6th) policy year, a portion of the cumulative premiums will be returned if you choose to surrender the policy.
² The loan interest rate is 8.00% per year, payable in arrears.
³ The amount of paid-up life insurance is based on how much the cash value will buy when applied as a net single premium at the insured’s age on the date of default. The Company reserves the right to pay the cash value to the owner and terminate the policy if the cash value is less than $1,000.
⁴ Convertibility feature extends to the earlier of the end of the level-premium period or the insured’s attainment of age 75.
⁵ Available if the insured is diagnosed by a qualified physician as having 12 months or fewer to live; benefit maximum is the lesser of $250,000 or 50 percent of the policy benefit.
⁶ Rider charges are not included as part of the money back guarantee.
⁷ Guarantees are subject to the claims-paying ability of the issuing insurance company.
⁸ See the riders for complete details. There may be a charge for each rider you select. Adding or deleting riders and increasing or decreasing coverage under existing riders can have tax consequences. Policy owners should consult a qualified tax advisor.
Policy issued by: American General Life Insurance Company
A member company of American International Group, Inc., 2727-A Allen Parkway, Houston, TX 77019
Policy Form Number 06001
Accidental Death Benefit Rider 79002
Terminal Illness Endorsement 91401
Child Rider 79410
Waiver of Premium Rider 79001
Disability Income Rider 06301
The underwriting risks, financial obligations and support functions associated with the products issued by American General Life Insurance Company (American General Life) are its responsibility. American General Life is responsible for its own financial condition and contractual obligations. American General Life does not solicit business in the state of New York. Policies and riders not available in all states.

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