AIG to Launch updated Value+ Protector III…

Written By Kathryn Maldonado

From AIG: On July 25, 2022, we are launching a new version of our flagship protection IUL - Value+ Protector III. It replaces Value+ Protector II with a few exciting upgrades that make our protection IUL more attractive and competitive as your go-to product to help clients look to the future with confidence.

Product Upgrades:

  • More competitive premium.

  • Improved target premium.

  • New Enhanced Surrender Value Rider (Guaranteed Return of Premium)

    • Automatically included at no additional cost.

    • Provides two opportunities (at year 20 and 25) for clients to receive enhanced cash surrender value when fully surrendering the policy.

  • New proprietary index option: Franklin Quality Dividend Index (FQD). Not available in NY.

  • Updated rate increases and adjustments.

Contact your Broker Advantage Case Manager for more information, and Transition Guidelines.

Kathryn Maldonado
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