AIG Life & Retirement Brings Consumers a New Level of Customization for Polaris Variable Annuities with Greater Flexibility, Personalization and Control
The new Polaris Income Plus Daily Flex and Polaris Income Plus Flex offer policyholders a new level of customization with enhanced lifetime income rates, greater feature flexibility and investment flexibility. With Income Plus Daily Flex, policyholders can choose AIG’s new Build Your Own Allocation open architecture option to design their own customized allocation. Working with a financial professional, policyholders can select from 77 portfolios across 12 different asset classes to build a variable annuity portfolio that matches their investment objectives, risk tolerance and financial plan.
Additionally, the new features provide policyholders more flexibility and personalization with the ability to:
- add money to the contract after the first contract year
- take early withdrawals if needed without locking in lifetime withdrawal rates 1
- make important income benefit changes to address changing life events (such as marriage, divorce or death of a spouse) and changing income needs or preferences at retirement.
“We take our role as the leading provider of annuity solutions in
Polaris Variable Annuities are long-term investments that bring together a combination of growth potential, death benefit features, and optional income protection features. These features help investors address today’s retirement challenges, including market risk, longevity risk and preparing for retirements that could last four decades or more.
AIG recently announced Plan for 100, a new initiative focused on educating and empowering individuals, employers and financial advisors to help Americans prepare for longer lives and retirements. The initiative, with its 100-year theme complementing the centennial celebration at AIG, includes the launch of a new website (Planfor100.com) and podcast series to raise awareness about the impact of increased longevity and educate Americans about potential retirement income solutions.
Polaris Variable Annuities are sold by prospectus only. The prospectus contains the investment objectives, risks, fees, charges, expenses and other information regarding the contract and underlying funds, which should be considered carefully before investing. A prospectus may be obtained by calling 1-800-445-7862. Clients should read the prospectus carefully before investing.
|Not FDIC or NCUA/NCUSIF Insured|
|May Lose Value • No Bank or Credit Union Guarantee|
|Not a Deposit • Not Insured by any Federal Government Agency|
About AIG Life & Retirement
AIG Life & Retirement, a division of AIG, brings together a broad portfolio of protection, retirement savings, investment and lifetime income solutions to help people achieve financial and retirement security. The business consists of four operating segments – Individual Retirement, AIG Retirement Services, Life Insurance and Institutional Markets – and holds longstanding, leading market positions in many of the markets it serves.
AIG Life & Retirement includes AIG member insurance companies
Additional information about AIG can be found at www.aig.com |
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of
1 Reduces the Income Base and Income Credit Base proportionately
Source: AIG Life & Retirement