[May 20, 2013]

American General Announces AG Accident Choice PlusSM: Accidental Injury Insurance That Pays Benefits Regardless of Other Health Coverage

American General Life Companies (American General) announces AG Accident Choice Plus^SM, an insurance product that provides benefits, regardless of other health coverage, for a wide range of emergency medical costs - from emergency room visits to physical therapy to diagnostic exams, even surgery - related to accidental injuries. Available riders offer coverage in the event of critical illness, accidental death and dismemberment, and inability to work due to an accidental injury. This product is issued by American General Life Insurance Company.

"AG Accident Choice Plus is designed to provide individuals and families with peace of mind and protection should they experience a covered accident or critical illness," said Jay Drucker, Vice President, A & H Product and Business Development, American General. "That's important because we all know medical costs have skyrocketed and, as reported in the American Journal of Medicine¹, they are a contributing factor in 60 percent of bankruptcies."

He adds, "This product can be of great value to anyone who has a major medical plan with a significant deductible or large co-payments, anyone who has limited access to health care providers or who seeks to reduce out-of-pocket health care expenses. Furthermore, with a choice of benefit amounts and deductibles, as well as three optional riders, AG Accident Choice Plus provides the flexibility for clients to tailor their benefits to their individual budgets and needs."

The highlights of AG Accident Choice Plus include:

• No coordination with major medical insurance - the policy pays benefits regardless of, and in addition to, proceeds from any other coverage
• Dollar-for-dollar reimbursement up to the policy amount for covered medical expenses made directly to the policy holder - not to medical providers
• No network restrictions - clients can access any hospital, physician or medical facility
• No waiting period to use benefits - claims can be submitted immediately
• No lifetime limit - no matter how many accidents occur
• Multiple payment options, including electronic funds transfer (EFT) and credit card
• Accidental Death & Disability Rider - provides a payout for disability income in the event of an accidental death or dismemberment
• Accidental Disability Income Rider - provides a lump sum payment as protection against loss of income in the event of disability due to an accident. Benefits are paid regardless of other disability coverage, such as worker's compensation or Social Security

Clients can choose accident coverage in benefit amounts of $5,000 to $25,000 (in $5,000 increments), with three options of annual deductible ($100, $300 or $500). The deductible only has to be satisfied once per calendar year for each covered individual - and with a family plan, after out-of-pocket expenses reach twice the chosen deductible, additional claims for the year are paid from the first dollar, up to the maximum policy benefit.

Eligible expenses (up to the calendar year maximum benefit as a result of a covered accident) include: emergency room and urgent care center visits; hospital, surgery and physician charges; physical therapy; ambulance; major diagnostic exams; X-rays; prosthesis; and drugs administered in a hospital or urgent care center. Refer to the Outline of Coverage for detailed information regarding benefits and exclusions.

For more information about American General's new AG Accident Choice Plus product, call 1-800-677-3311 (Monday - Friday, 7 a.m. - 6 p.m. CT) or visit www.americangeneral.com/accident.

¹ Source (News - Alert): Medical Bankruptcy in the U.S., 2007. Results of a National Study, The American Journal of Medicine, August 2009

Policies issued by:
American General Life Insurance Company
2727-A Allen Parkway, Houston, Texas 77019
AG Accident Choice Plus Policy Form Number 11120, Spouse Rider Form Number 11123, Child Rider Form Number 11124, Accidental Death and Dismemberment Rider Form Number 11125, Accident Disability Income Rider Form Number 11126, Critical Illness Rider Form Number 11127

The underwriting risks, financial and contractual obligations and support functions associated with the products issued by American General Life Insurance Company (AGL (News - Alert)) are its responsibility. Policies and riders are not available in all states. AGL does not solicit business in the state of New York. Guarantees are subject to the claims-paying ability of the issuing insurance company.

All benefits payable are subject to the terms and conditions of the policy, including benefit durations, limitations and exclusions. Not all benefits and exclusions apply in every state. Please consult the policy form and outline of coverage for details. There may be a charge for each rider selected. See the rider for details regarding the benefit descriptions, limitations and exclusions. Comprehensive medical coverage may be required in some states in order to apply for or maintain the policy.

American General Life Companies, www.americangeneral.com, is the marketing name for a group of affiliated domestic life insurers, including AGL. American General Life Companies insurers offer a broad spectrum of life insurance, annuity, and accident & health products to serve the financial and estate planning needs of its customers throughout the United States.

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