American National Insurance Company Introduces New Signature Term Simplified Issue Life Insurance with 10, 20, and 30 year periods.

PR Web

Galveston, Texas (PRWEB) August 14, 2012

American National Insurance Company will release ANICO Signature Term Simplified Issue on August 1, 2012. This competitive term product series includes multiple level periods of 10, 20 and 30 years to meet every client’s life insurance needs.

The term product can be offered to Federal, State, Local or County employees (not participating in a 457) or any approved Employer Group. Signature Term SI provides a lower priced alternative for life insurance coverage and is available in all states. In NY, the product is underwritten by American National Life Insurance Company of New York.

David A. Behrens, Executive Vice President of American National Insurance Company stated that “Adding Signature Term SI to our Simplified Issue Permanent Products helps complete our portfolio for these employees and provides a competitive premium that fits almost anyone’s budget.”

Another feature that makes ANICO Signature Term SI unique is the availability of our Accelerated Benefit Rider for Terminal Illnesses offered at no additional premium.

About American National:
American National Insurance Company (American National), headquartered in Galveston, Texas was founded in 1905 and is licensed to conduct the business of insurance in all states except New York. American National has been evaluated and assigned the following ratings by nationally recognized rating agencies: A (Excellent) by A.M. Best Company, third highest of 13 active company ratings noted as “An excellent ability to meet their ongoing insurance obligations” and A (Strong) by Standard & Poor’s, sixth highest of 20 active company ratings noted as “Strong capacity to meet financial commitments but somewhat subject to adverse economic conditions.”

American National is also a family of companies that has, on a consolidated GAAP basis, $22.7 billion in assets, $19.0 billion in liabilities and $3.7 billion in stockholders’ equity. The American National family of companies offers a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products and property and casualty insurance for personal lines, agribusiness, and targeted commercial exposures. The American National family of companies operates in all 50 states and its major insurance subsidiaries include American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property And Casualty Company, Standard Life and Accident Insurance Company, Farm Family Life Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company.