American National Life Insurance Company of Texas has released a new cutting edge, life insurance policy to their national field force this week. The product is called the Living Guarantee Option Universal Life that provides clients a full return of premium in year 20 and 25, and a partial refund in year 15. Also, the LGO product provides the newest innovation in the industry with three Living Benefits (Terminal Illness, Critical Illness, or Chronic conditions;) in these cases, the death benefit can be used to offset the expenses associated with these ailments. There are a variety of guarantees to protect the consumers such as guarantee no lapse, selection of death benefit periods, and level premium. In a world of uncertainty, it is a relief to have guarantees, for despite circumstances, Life Goes On.
According to Moody Insurance Group, Inc. Chief Marketing Officer James M. Rankin, “It is our belief that this product will change how people feel, purchase, and utilize their life insurance protection.” American National Life Insurance of Texas is a wholly owned subsidiary of American National Insurance Company founded in 1905 by W.L. Moody, Jr.
American National Life Insurance Company of Texas’s portfolio of life and health insurance products are sold to the general public by licensed independent insurance professionals doing business in the Continental United States with the exception of Maine, New York, New Jersey, Puerto Rico, and Vermont. For more information on the product please contact 800 252-4002