I have an annuity through AIG for which I have agreed to invest it for a minimum of 7 years and I will be paid a fair rate of return. Now with all the concern about AIG, I am wondering how claims will be paid out and by who in the event that AIG goes under. Any ideas?
que?
como?
what?
The AIG life insurance, general insurance (including commercial) and retirement services are subsidiaries of the parent company, are adequately capitalized, regulated, and are not affected by the short-term liquidity problems we are hearing about.