American National Insurance Company Introduces an Industry Leading Guaranteed Universal Life Policy With a Guaranteed Cash-Out Option –Signature Guaranteed Universal Life Insurance

GALVESTON, Texas, Feb. 01, 2016 -- American National Insurance Company (American National) announces a new product, Signature Guaranteed Universal Life Insurance, available [February 1, 2016]. This industry leading innovative life product can provide guaranteed lifetime protection and the option to cash out the policy if the policy owner’s needs change in the future.

With this new life product, American National proves to be a leader in the Guaranteed UL market by offering consumers a guaranteed death benefit with flexibility and features to fit their needs. The Signature Guaranteed UL can provide a guaranteed death benefit from age 95 to 121.¹  The Guaranteed Cash-Out Rider, available with the Signature Guaranteed UL, also provides three guaranteed periods at the 15^th, 20^th, and 25^th policy anniversaries which allow the insured to surrender their policy in exchange for a return of premiums. This allows the insured to access policy premiums at no additional cost if their needs change. 

Signature Guaranteed UL is a death benefit product that can provide for a family’s needs after the death of the insured, maintain the standard of living and retirement needs of the surviving spouse, complete children’s and grandchildren’s education, assure continuation of the family business and provide for tax-advantaged wealth transfer to future generations.

Signature Guaranteed UL provides customers a cost-effective way to leave their loved ones a legacy while also serving as an emergency fund with three periods where a return of premiums is available if circumstances change. This product also includes, at no additional premium, three living benefits covering critical illness, chronic and terminal illness in the form of Accelerated Benefit Riders.²

David A. Behrens, Executive Vice President of American National Insurance Company stated, “American National’s new Signature Guaranteed UL will guarantee the death benefit to ensure that the beneficiaries receive the death benefit proceeds while at the same time providing three guarantee periods where a Cash-Out option is available in the event the insured’s situation changes and they would prefer the return of premiums.”

About the Company 

American National Insurance Company (American National), headquartered in Galveston, Texas, was founded in 1905 and is licensed to conduct the business of insurance in all states except New York. American National offers a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance and pension products.

Financial Strength Ratings

American National Insurance Company (“American National”) has been evaluated and assigned the following ratings by nationally recognized, independent rating agencies. The ratings are current as of September 2015.

A.M. Best³                   A
Standard & Poor’s⁴     A

Ratings reflect current independent opinions of the financial capacity of an insurance organization to meet the obligations of its insurance policies and contracts in accordance with their terms. They are based on comprehensive quantitative and qualitative evaluations of the company and its management strategy. The rating agencies do not provide ratings as a recommendation to purchase insurance or annuities. The ratings are not a warranty of an insurer's current or future ability to meet its contractual obligations.

Ratings may be changed, suspended, or withdrawn at any time. For the most current ratings view the full rating reports on American National’s website at www.americannational.com.

³A.M. Best’s active company rating scale is: A++ (Superior), A+ (Superior), A (Excellent), A-
(Excellent), B++ (Good), B+ (Good), B (Fair), B- (Fair), C++ (Marginal), C+ (Marginal), C (Weak), C- (Weak) and D (Poor).

⁴Ratings from ‘AA’ to ‘CCC’ may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.

For more information, including company news and investor relations information, visit the company’s web site at www.americannational.com.

Contact our Field Support Center at 888-501-4043

1. Policy will mature at age 121. 2. There is no additional premium for this benefit. However, the death benefit accelerated will be less than requested as it is discounted by an amount calculated based on American National’s evaluation of the insured’s health at the time the benefit is exercised as well as an administrative fee of up to $500 assessed when the benefits are elected.

Form Series: SGUL15; GCOR15; ABR14-TM; ABR14-CH; ABR14-CT (Forms may vary State)

IMG16064

Contact: Angie Hitchman PH: 888.501.4043