Chartered in 1905, American National Insurance Company has evolved into an industry leader, ranking among the largest of life insurance companies in the United States.
Today, the company and its subsidiaries provide personalized service to more than 5 million policyholders throughout 50 states, the District of Columbia, Puerto Rico, and American Samoa.
Directly and through subsidiaries, the company offers a broad line of insurance products and services, including life insurance, annuities, health insurance, property and casualty, credit insurance, and pension plan services. Mutual funds and variable products are securities products distributed through Securities Management and Research, Inc., a subsidiary broker-dealer of American National Insurance Company.
Wednesday, May 6, 2009
About American National Insurance Company
American National Insurance Company - Pension Plan Services
American National provides design, marketing, administration, and funding of pension plans for the small business market. The types of plans offered to employer groups are 401(k) Plans, Defined Benefit Plans, including 412(i) Plans, and new Comparability Profit Sharing Plans.
American National Insurance Company - Mutual Funds
A mutual fund is a registered investment company which has a pool of money invested for its shareholders by an investment manager in a variety of instruments like stocks, bonds, or government securities, depending on the objectives of the fund. Each mutual fund is different in its make-up and philosophy. As an investor, you should look for funds with objectives and investment risk levels that match yours.
American National Insurance Company - Health Insurance
* Major Medical
* Medicare Supplement
* Accident and Sickness
General Information: A form of coverage that protects against the loss of life, loss of earnings, or expenses incurred due to illness or injury. Several major health coverages focus on more specific needs, such as accident insurance, disability income insurance, hospitalization insurance or sickness insurance.
Major Medical:Coverage designed to reimburse the insured for excess medical expenses in and out of the hospital. The policy usually includes a deductible, a coinsurance clause, and an aggregate limit.
Medicare Supplement:A type of private health insurance policy designed to supplement or pick up the costs of medical services not covered by Medicare. It is also known as gap coverage, or Medigap coverage.
Accident and Sickness:A form of coverage that can include protecting against the loss of life, loss of earnings, or expenses incurred due to illness or injury. There are a number of major health insurance coverages that focus on more specific needs.
American National Insurance Company - Credit Insurance
Credit insurance is sold in connection with a loan, a credit card or other credit account and is designed to make payments to the lender for the borrower if he/she is unable to make the payments.
The most common types of credit insurance are:
- Credit Life pays off the consumer's remaining debt on a specific loan or credit card account if the borrower dies during the term of the coverage.
- Credit Disability (also called credit accident and health) pays a limited number of monthly payments on a specific loan or credit card account if the borrower becomes disabled during the term of the coverage.
- Credit Involuntary Unemployment pays a limited number of monthly payments on a specific loan or credit card account if the borrower becomes involuntarily unemployed during the term of the coverage.
- Credit Property pays an amount sufficient to pay off the entire debt on a specific piece of property serving as collateral for the loan if the property is lost or damaged. Unlike the first three credit insurance products, credit property insurance is not directly related to an event affecting a consumer's ability to pay his or her debt.
American National Insurance Company - Property and Casualty Insurance
* Auto Insurance
* Home Insurance
* Boat Insurance
* Agribusiness and Commercial Insurance
General Information:Property Insurance provides protection against loss/damage to real or personal property due to fire, windstorm, hail, and other covered perils. Casualty Insurance provides coverage for legal liability resulting from bodily injury or property damage resulting from an accident caused by the insured. Two common types of Property and Casualty Insurance are homeowners insurance and automobile insurance. Insurance coverage is also offered for Auto, Home, Boat, Recreational Vehicles, Classic Cars, Motorcycles, and Motorhomes.
Property and casualty insurance provided by American National Property and Casualty Company (ANPAC®), its subsidiary and affiliate property and casualty insurance companies.
Auto Insurance:A form of coverage that includes coverage for specific risks involved in owning and operating an automobile, such as bodily injury, property damage (both to the insured's car and to the car of the other driver, if the loss results from collision), fire, theft, and vandalism.Property and casualty insurance provided by American National Property and Casualty Company (ANPAC®), its subsidiary and affiliate property and casualty insurance companies.
Home Insurance:A form of coverage that protects the insured property against loss from theft, liability, and most common disasters. Homeowners insurance is required by the mortgage lender and may be included in the monthly mortgage payment.
Property and casualty insurance provided by American National Property and Casualty Company (ANPAC®), its subsidiary and affiliate property and casualty insurance companies.
Boat Insurance:A form of coverage that can encompass coverage for personal and commercial watercraft against a variety of perils and exposures.Property and casualty insurance provided by American National Property and Casualty Company (ANPAC®), its subsidiary and affiliate property and casualty insurance companies.
Agribusiness and Commercial Insurance:Coverage that can encompass property coverage, liability coverage, commercial and private passenger automobile coverage, and excess liability/umbrella coverage tailored for a farm, ranch or other agricultural business operations, contractors, and retail businesses.Property and casualty insurance provided by American National Property and Casualty Company (ANPAC®), its subsidiary and affiliate property and casualty insurance companies.
Monday, May 4, 2009
American National Insurance Company - Annuities
* General Information
* Fixed Annuities
* Variable Annuities
General Information:A popular choice in retirement planning, an annuity refers to any type of periodic (generally monthly) payments made to an individual (called the annuitant). Payment options include lump sum, income for life, or income for a certain period of time.
Fixed Annuities: An annuity contract in which the premiums paid are invested in the general assets of the life insurance company, with the company guaranteeing a stream of fixed payments over the life of the annuity. The insurer, not the insured, takes the investment risk.
Variable Annuities : A variable annuity offers a range of investment portfolio options, with the annuity value and annuity payments varying depending on the performance of the portfolios chosen. The investment return of the portfolios in a variable annuity are subject to market fluctuations because the net premiums are invested in securities. The annuity contract owner assumes all investment risk with this product, including possible loss of principal amount invested. One of the many characteristics of an annuity is a death benefit payable to a named beneficiary, however, the death benefit guarantee is based on the claims paying ability of the issuing insurance company and does not extend to the separate account.
American National Insurance Company - Life Insurance
Life Insurance
* General Information
* Whole Life
* Term
* Universal Life
* Variable Universal Life
General Information: An agreement between an insurance company and an individual. The typical life insurance contract provides that, in exchange for premium payment(s), the insurance company promises to pay at the death of the insured (or at another determined time if earlier), a sum of money to the beneficiary.
Whole Life: The most common type of permanent life insurance coverage, providing a face value death benefit for the entire life (“whole life”) of the insured, unless the insured cancels the policy or does not pay premiums. Premiums generally remain constant over the life of the policy and must be paid periodically in the amount listed in the policy.
Term: A type of life insurance policy purchased for a specified period of time. Often that period of time is a set number of years, such as 1 year, 10 years or 20 years. The policy can also be written for a term that expires at a specified age, for example, when the insured turns 65.
Universal Life: A type of permanent life insurance that provides limited flexibility as to the premium payment and death benefit amount. To increase the death benefit, the insurance company usually requires a person to furnish satisfactory evidence of continued good health.
Variable Universal Life : Variable universal life insurance combines the features of both variable and universal life insurance policies. The variable life feature allows the policyowner to place a portion of premiums in investment options that have the potential for greater earnings than are available from the guaranteed rates provided by the traditional whole life insurance products. The policyowner assumes all investment risk with this product. The universal life feature provides the opportunity for the policyowner to adjust both the premium payments and the death benefit in various ways as permitted by the insurance policy. The death benefit guarantee is based on the claims-paying ability of the insurance company and does not extend to the separate account.
American National Insurance Company
American National Insurance Company
Chartered in 1905, American National Insurance Company has evolved into an industry leader, ranking among the largest of life insurance companies in the United States.
Today, the company and its subsidiaries provide personalized service to more than 5 million policyholders throughout 50 states, the District of Columbia, Puerto Rico, and American Samoa.
Directly and through subsidiaries, the company offers a broad line of insurance products and services, including life insurance, annuities, health insurance, property and casualty, credit insurance, and pension plan services. Mutual funds and variable products are securities products distributed through Securities Management and Research, Inc., a subsidiary broker-dealer of American National Insurance Company.
Divisions
Multiple Line's exclusive agency force markets a variety of life and property/casualty insurance products to individuals and families at all income levels throughout the United States and Puerto Rico.
American National's Home Service Division markets to households in the United States and Mexico. The Home Service field force is made up of employee-agents who traditionally sell, service and collect premiums in the consumer's home.
| Independent Marketing Group |
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| Independent Marketing offers life insurance, annuities, and pension products to small business owners and individual consumers seeking wealth management and protection. Multiple distribution channels are utilized, including financial institutions, large marketing companies, employee benefit firms, broker-dealers, and independent insurance brokers and agents. |
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| If you are an independent agent and would like additional information about the Independent Marketing Group, please call the Field Support Center of the Independent Marketing Group at 1-888-501-4043 option 1. |
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| For more information, please visit our website at www.img.anicoweb.com. |
| Credit Insurance |
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| The Credit Insurance Division offers products that provide for the repayment of loans in the case of the death, disability, or involuntary unemployment of the borrower, the loss or destruction of collateral, and other unforeseen events. The primary distribution channel for credit insurance products is general agents who market to auto dealers, furniture dealers, and financial institutions. |
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| For more information, please visit our website at www.anico-cid.com. |
| Health Insurance |
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| The Health Division markets a specialized portfolio of products, such as stop-loss reinsurance and association group health insurance, to employers and associations. The division also manages the health insurance business marketed and sold by other divisions of American National. |
