AIG vs. Lincoln: Best Choice for Life Insurance (2024)

Selecting a company for your life insurance needs can be daunting. You want the best coverage but at the lowest rates. Comparing life insurance companies side by side can help narrow down your choices.

Compare some of the best life insurance companies out there by looking at rates, ratings, and products to find your best fit.

In this short guide, we’ll compare AIG vs. Lincoln life insurance companies to see which one might meet your needs. However, you don’t have to stop there. Many life insurance companies can offer you low rates and great coverage.

AIG and Lincoln both offer different types of life insurance, as well as other products, such as annuities. Consider rates, ratings, and products offered before you buy AIG or Lincoln life insurance.

Keep reading to learn more about AIG vs. Lincoln. Before you get started, enter your ZIP code now to compare free life insurance quotes from multiple companies in your area.

AIG vs. Lincoln: Which company offers more affordable rates to women?

As with other types of insurance, your life insurance rates are calculated based on many different factors. The most common factors used are age, gender, and medical history.

All of these factors are used to determine how affordable AIG vs. Lincoln life insurance will be for you. Rates will vary by company since each company looks at these factors differently.

This table shows you the monthly average AIG vs. Lincoln life insurance rates for women of various ages who don’t smoke.

AIG and Lincoln Average Monthly Life Insurance Rates for Women

Although the cost difference is minimal for younger women, AIG life insurance is cheaper for women of all ages. Notice that rates rise significantly from age 60 to 65.

It’s also important to note that women who smoke or have certain medical conditions will pay higher rates.

AIG vs. Lincoln: Which company offers more affordable rates to men?

Next, let’s look at the average monthly rates for AIG and Lincoln life insurance for men of various ages who don’t smoke.

AIG and Lincoln Average Monthly Life Insurance Rates for Men

Once again, AIG has the cheaper rates. However, rates with AIG almost double from age 60 to age 65.

Men generally have higher life insurance rates than women. As with the rates for women, men who smoke or have medical conditions will pay more.

It can be difficult to compare AIG vs. Lincoln life insurance quotes. While AIG offers quotes online, you have to speak with an agent to get Lincoln life insurance quotes.

AIG vs. Lincoln: Which company is more well-reviewed?

When looking for insurance, most people only consider rates. However, ratings can be just as important. You want to be able to trust that your life insurance company will be there for your family when needed.

A.M. Best assesses a company’s financial health. The scale runs from A++ to D, with A++ being the highest and D being the lowest.

AIG scored an A, showing an excellent ability to meet financial obligations. Lincoln received an A+ rating, which means it has a superior ability to meet financial obligations.

The Better Business Bureau (BBB) rates companies based on how well they respond to customers. It has a grading system that ranges from A+ to F. AIG received a B, and Lincoln received an A-. Neither company is accredited with the BBB.

AIG vs. Lincoln: An In-depth Analysis of Claims Process

Ease of Filing a Claim

Both AIG and Lincoln provide multiple options for filing a life insurance claim, including online, over the phone, and through mobile apps. These streamlined processes aim to make it convenient for policyholders to initiate a claim quickly and efficiently.

Average Claim Processing Time

The average claim processing time is a crucial factor in evaluating an insurance company. AIG and Lincoln prioritize a speedy and smooth claims process to provide financial support to beneficiaries in a timely manner. The specific processing times may vary based on the nature of the claim and other factors.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback regarding claim resolutions and payouts offers valuable insights into the overall satisfaction of policyholders with AIG and Lincoln. Positive feedback suggests a seamless and satisfactory claims experience, while negative feedback may highlight areas for improvement in the claims process.

AIG vs. Lincoln: A Deep Dive Into Digital and Technological Features

Mobile App Features and Functionality

AIG and Lincoln offer mobile apps that provide policyholders with convenient access to their insurance accounts. These apps typically offer features such as viewing policy information, making payments, filing claims, and accessing customer support, enhancing the overall user experience.

Online Account Management Capabilities

Both AIG and Lincoln offer robust online account management capabilities through their respective websites. Policyholders can access and manage their policies, update personal information, view policy documents, and perform various other tasks through secure online portals.

Digital Tools and Resources

In addition to mobile apps and online account management, AIG and Lincoln may provide additional digital tools and resources to educate and assist policyholders. These could include calculators, educational materials, interactive platforms, and other resources to help policyholders make informed decisions regarding their life insurance coverage.

AIG vs. Lincoln: The Bottom Line

AIG life insurance is cheaper than Lincoln, but Lincoln has better ratings with A.M. Best and the BBB.

Both AIG and Lincoln offer customers access to their accounts through their respective websites. You can see your policy information, make changes, and even file Lincoln or AIG insurance claims online.

Customers may also call if they don’t want to go through the website. The AIG insurance phone number is (800) 254-4933, and the Lincoln life insurance phone number is (800) 487-1485.

AIG offers term, universal, and guaranteed issue whole life insurance. It also offers annuities and mutual funds, as well as retirement services.

To learn more, read our AIG term life insurance review.

Lincoln Financial Group offers term life insurance, permanent life insurance, and long-term care planning, as well as annuities and retirement planning.

While it can be difficult to choose between AIG and Lincoln, know that they are not your only choices. Shop around and compare rates, ratings, and products to find the best company for you.

We hope you’ve learned all you need to know about AIG and Lincoln life insurance. Before you go, enter your ZIP code to compare free life insurance quotes from multiple companies near you today.