Cost & Coverage
We make it easy to compare and buy insurance.LEARN MORE
Learn the differences between the life insurance options offered by Protective and AIG.
Protective and AIG are two of America’s largest life insurance companies, both with well over 1,000,000 policyholders nationwide. Both 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.
Protective is slightly more affordable than AIG for term life insurance policies, especially for older shoppers. But younger life insurance applicants can find competitive rates from both companies.
Here’s how the average monthly term life premiums shake out for both companies.
Average premium cost based on $500,000/20-year term life insurance policies for healthy, nonsmoking applicants in California.
Did you know that life insurance costs are largely based on your health and health history?
And did you know that some companies are more lenient than others for certain health conditions and lifestyle choices? This means that, depending on your health scenario, you can get a better deal from one carrier compared to another.
Here’s how Protective and AIG rate the most common life insurance health concerns:
|Cancer Survivor/Family History||Good||Fair|
|Recent Weight Loss||Good||Good|
|Former Tobacco Use||Fair||Good|
|High Blood Pressure||Good||Good|
Learn more about the best life insurance companies for every scenario.
Need help deciding?
Let our experts help you make the right choice between Protective and AIG based on your family's financial needs.
If you’re not happy with the standard provisions of a life insurance policy, you can customize it using riders. Protective and AIG offer many of the same offers, but there are some differences.
|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.
How else can you judge a life insurance company besides the premium rates they offer? By looking at the company’s financial and consumer strength.
A.M. Best, J.D. Power, and the Better Business Bureau (BBB) all offer grades and ratings based on a company’s financial standing and customer feedback. These can be useful in finding a company that you can trust and work with.
The A.M. Best, J.D. Power, and BBB ratings for Protective and AIG are:
|J.D. Power||3 out of 5||2 out of 5|
Find more head-to-head comparisons between top-rated life insurance companies to help you make the right decision.
At the end of the day, it’s important to be with a life insurance company you trust. It’s hard to go wrong with established names like Protective and AIG, but the information above should help you make a decision and protect your family.
Ready to start looking at policies from Protective, AIG, and other top life insurance companies? Use our coverage calculator for find plans and companies tailored to your needs.
Security you can trust
Yes, we have to include some legalese down here. Read it larger on our legal page. Policygenius Inc. (“Policygenius”) is a licensed independent insurance broker. Policygenius does not underwrite any insurance policy described on this website. The information provided on this site has been developed by Policygenius for general informational and educational purposes. We do our best efforts to ensure that this information is up-to-date and accurate. Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application. Savings are estimated by comparing the highest and lowest price for a shopper in a given health class. For example: for a 30-year old non-smoker male in South Carolina with excellent health and a preferred plus health class, comparing quotes for a $500,000, 20-year term life policy, the price difference between the lowest and highest quotes is 60%. For that same shopper in New York, the price difference is 40%. Rates are subject to change and are valid as of 2/17/17.
Copyright Policygenius © 2014-2020