American General Life is one of the country’s oldest insurance companies but also offers a wide variety of deferred and immediate annuities which may meet your requirements if you are in search of a secure retirement income.
American General offers a wide variety of investment options including five fixed annuities and six fixed index annuities, all of which feature the security of a guaranteed payment on a predetermined basis once you retire at competitive annuity rates. Fixed annuities offer nice protection from an uncertain market environment in troubled times.
American General Life also offers immediate annuities that perform similar to deferred fixed annuities but they are purchased with a lump sum payments, usually a large sum of retirement savings or perhaps other means like a lottery or inheritance. American General’s Platinum Income Annuity also offers an option for medical underwriting which may benefit investors who have a pre-existing medical condition.
American General Life has been around since 1925 since it started its first office in Houston Texas and today is a billion dollar corporation with operations in 130 countries around the world. They have an A+ (Strong) rating from Standard & Poor’s and an A1 (Good) rating from Moody’s rating services.