AIG has announced a major enhancement for both current and prospective term insurance policy holders: Greatly expanded conversion options. The bottom line is an opportunity to offer clients a much more competitive product solution for a significantly longer period of time. The best news is that this change is retroactive to include all in force Select-a-Term and ROP Select-a-Term insurance contracts. Of course, there are some nuances to be aware of, so read on for the details.
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