American General Life Companies Launches New Universal Life Product

ContinUL Extend Plus(SM) Offers Guaranteed Death Benefit

HOUSTON, July 16, 2009 — American General Life Companies recently launched a new universal life insurance product, ContinUL Extend Plus(SM), issued by American General Life Insurance Company and The United States Life Insurance Company in the City of New York.

With ContinUL Extend Plus, death-benefit coverage can be guaranteed regardless of fluctuations in interest rates or policy value, if sufficient premium has been paid to maintain the guaranteed death benefit. The product also features a flexible guarantee period, which offers the policy holder the ability to choose the number of years or age to which the death benefit is guaranteed.

“The security of a flexible guarantee period makes ContinUL Extend Plus an excellent choice for income replacement coverage and an exceptional estate planning tool,” said Mike Murphy, vice president, marketing. “In addition, policy holders have the opportunity to build substantial accumulation value over the life of the policy, which provides flexibility not commonly associated with universal life products that feature death benefit guarantees.”

ContinUL Extend Plus offers four non-tobacco underwriting classes, including Standard Plus. For more information about the features and benefits of this product, visit www.americangeneral.com.

Policies Issued by:

American General Life Insurance Company
2727-A Allen Parkway, Houston, Texas 77019
ContinUL Extend Plus Policy Form Number 05337

The United States Life Insurance Company in the City of New York
70 Pine Street, New York, New York 10270
ContinUL Extend Plus Policy Form Number 05337N

The underwriting risks, financial and contractual obligations and support functions associated with the products issued by American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (USL) are the issuing insurer’s responsibility. USL is authorized to conduct insurance business in New York. Guarantees are subject to the claims-paying ability of the issuing insurance company. Policies and riders not available in all states.

American General Life Companies, www.americangeneral.com, is the marketing name for the insurance companies and affiliates comprising the domestic life operations of American International Group, Inc., including AGL and USL. American General Life Companies insurers offer a broad spectrum of fixed and variable life insurance, annuities and accident and health products to serve the financial and estate planning needs of customers throughout the United States.

Contact: 

Rhonda Sloan
Corporate Communications
American General Life Companies
(713) 831-8687
[email protected]