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News For: Varaible AnnuitiesSome sales of AIG annuities on hold Dozens of banks have suspended sales of AIG annuities, a sign of the challenge the company faces holding onto business a week after the government took it over. Annuities can help you diversify With Wall Street quite volatile, many are wondering if they should keep their investments playing in the stock market. If your financial plan is suited to your needs, you should be able to stay the course. You may, though, want to consider other options if you haven't already like annuities. FOX Toledo's Kristi Leigh continues her report on non-market investing. Loss Of Face Could Mean Losses For AIG In Japan After coming close to bankruptcy, the insurer is facing a crisis of confidence among its notoriously skittish Japanese customers. Questions, answers for worried AIG policyholders AIG's reach in the economy is huge: It ranks among the top writers of automobile insurance, commercial insurance and life insurance. It led the nation in fixed annuities sold through banks, writing more than $5 billion in 2007. Big savers find ways to ensure safety of deposits As the financial system reels from one disaster after another, financial planners, estate planners and bank officials say they've been receiving calls from panicked savers concerned about the safety of their deposits. The Federal Deposit Insurance Corp. guarantees bank deposits up to $100,000 per person, per insured institution. But what if you have a lot more cash than that? For years, savers ... As an AIG policyholder, should you stay or go? First, don't panic State insurance regulators are assuring policyholders that the financial problems besetting AIG would not trickle down to the firm���s insurance subsidiaries, but policyholders with high-value annuities and whole-life insurance products still might be worried. State Tries To Ease Fears Over AIG Consumers frightened by reports about AIG's financial woes are deluging insurance regulators in Connecticut and across the nation with calls asking whether their policies and annuities are safe. Hold a policy? You need not panic DES MOINES, Iowa -- The financial problems at American International Group Inc. might be causing you great concern if you hold an AIG life, health, home or auto-insurance policy or have an annuity with the company. How AIG's turmoil affects you The financial problems at American International Group may be causing you great concern today if you hold an AIG life, health-, home- or auto-insurance policy, or have an annuity with the company. Insurance customers of AIG shouldn't worry yet The financial problems at American International Group Inc. may be causing you great concern today if you hold an AIG life, health, home or auto insurance policy, or have an annuity with the company. |