American International Group is known by most people as “AIG”. AIG became a notorious company in 2008 when the US Government was forced to save AIG in order to prevent a bankruptcy and financial disaster. The US Government owns more than 80% of the AIG shares. AIG has recovered and they continue to sell and manage both short term and long term disability insurance claims.
Most of the disability policies sold by AIG are through employers or group associations such as medical or professional societies. For example, AIG has sold an association disability policy to member of the American Bar Association for lawyers. Any disability insurance policies sold through a group association are ERISA exempt, which can give these AIG policy holders an advantage over an ERISA governed policy.
We have represented numerous disabled individuals at all stages of their disability or accidental death and dismemberment claim against AIG.
AIG Loves to sell disability insurance but do they pay disability benefits?
AIG disability benefit claims are approved more often than not, but the amount of claims that are approved and duration of claim approval are non-published statistics. Our lawyers have been successful in obtaining short term and long term AIG disability benefits on behalf of our clients.
Many of our clients have found it helpful to watch the marketing videos created by AIG in order to understand how AIG sells their disability policies to employer and individuals. AIG is a publicly traded company and their claims analysts are trained to look for reasons to either deny or delay claim payment. You need to be prepared and understand the claims handling tactics used by AIG in order to have the best chance of receiving disability claim approval.
Our disability lawyers represent AIG claimants at the application, appeal or lawsuit stage of disability claim. We always offer a free initial consultation and welcome the opportunity to discuss your claim.
Who is AIG and why do they appear to have so many corporate names?
AIG sells numerous different insurance products, however they market their disability benefit products under the name of AIG Benefit Solutions. Due to the different insurance laws in each state, AIG has different subsidiary companies which underwrite and sell disability insurance policies.
If you have an AIG disability claim, your disability policy may have been issued by either American General Life Insurance Company of Delaware, American General Life Insurance Company, The United States Life Insurance Company in the City of New York, or National Union Fire Insurance Company.
You can learn more about some of the AIG companies by visiting agbenefitsloutions.com, americangeneral.com or aig.com.
We welcome you to post a comment about your experience with an AIG disability claim.