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AIG vs Pacific Life Insurance
Learn the differences between life insurance options offered by AIG and Pac Life
Published July 18, 2018
AIG and Pacific Life are two of America’s largest life insurance companies, with well over 1 million policyholders nationwide. Both companies have good consumer grades and offer competitive term life insurance rates.
So how do you choose between the two? Use average cost, health consideration, rider availability, and more as criteria for deciding which is the best company for your needs. Read on to learn more.
AIG vs Pacific Life cost comparison
While Pacific Life is more affordable for men, AIG tends to be more affordable for women. Here are average monthly premium costs for shoppers who are looking for the most affordable plan.
| AIG | Pacific Life | ||
|---|---|---|---|
| Male | Age 30 | $21.11 | $20.84 |
| Age 40 | $30.62 | $29.59 | |
| Age 50 | $79.93 | $77.09 | |
| Female | Age 30 | $18.08 | $19.18 |
| Age 40 | $28.46 | $26.68 | |
| Age 50 | $59.60 | $61.67 |
Average premium cost based on $500,000/20-year term life insurance policies for healthy, nonsmoking applicants in California.
AIG vs Pacific Life health pricing
Did you know that life insurance rates are largely dependent on both your current health and your health history?
If not, it’s also worth mentioning that not all life insurance companies are created equal, meaning some are more lenient about certain health conditions than others compared to competitors.
| AIG | Pacific Life | |
|---|---|---|
| Cancer Survivor/Family History | Fair | Excellent |
| Recent Weight Loss | Excellent | Good |
| Heart Attack | Good | Good |
| Diabetes | Excellent | Good |
| Sleep Apnea | Good | Excellent |
| Former Tobacco Use | Good | Fair |
| High Blood Pressure | Good | Fair |
| High Cholesterol | Fair | Excellent |
Learn more about the best life insurance companies for every scenario.
Need help deciding?
Let our experts help you make the right choice between AIG and Pacific Life based on your family’s financial needs.
AIG vs Pacific Life insurance rider availability
If you’re not satisfied with the standard provisions of a life insurance policy, you can customize it with riders to suit your needs. Here’s a comparison below of the riders offered by both AIG and Pacific Life.
| AIG | Pacific Life | |
|---|---|---|
| Child Protection Rider | X | X |
| Accelerated Death Benefit Rider | X | X |
| Accidental Death Benefit Rider | X | |
| Disability Waiver of Premium Rider | X | X |
Learn more about life insurance riders.
AIG vs Pacific Life company ratings
Life insurance companies can be ranked in several different ways. A.M. Best provides ratings based on the financial strength of the company, while J.D. Power conducts surveys based on customer service, product quality, and buyer behavior, and the Better Business Bureau (BBB) provides grades based on consumer feedback.
How do AIG and Pacific Life compare in financial and customer service ratings?
| AIG | Pacific Life | |
|---|---|---|
| A.M. Best | A | A+ |
| J.D. Power | 2 out of 5 | N/A |
| BBB | A+ | A+ |
Compare life insurance companies
Find more head-to-head comparisons between top-rated life insurance companies to help you make the right decision.
| AIG vs... | Pacific Life vs... |
|---|---|
| Banner Life | Banner Life |
| Protective | Lincoln Financial |
| Transamerica | Mutual of Omaha |
| Protective | |
| Prudential | |
| Transamerica |
Choosing the right life insurance company
The question is, is AIG the right life insurance company for you, or is it Pacific Life? It really depends on your individual situation, which is why it's important to look at policy cost, health considerations, riders, and customer service provided by each company before you buy.
Ready to start looking at policies from AIG, Pacific Life, and other top life insurance companies? Use our coverage calculator for find plans and companies tailored to your needs.
Pat Howard
Insurance Expert
Pat Howard is an Insurance Editor at Policygenius in New York City, specializing in homeowners insurance. He has been featured on Property Casualty 360, MSN, and more. Pat has a B.A. in journalism from Michigan State University.
Policygenius’ editorial content is not written by an insurance agent. It’s intended for informational purposes and should not be considered legal or financial advice. Consult a professional to learn what financial products are right for you.
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