Age Nearest Birthday vs.

Age Last Birthday

The merger of AIG domestic life companies to one AGL company requires a change in how Nashville-based products calculate the age of
a proposed insured. Historically, American General Life Insurance Company (along with most other life insurance companies) has used
ANB as the age calculation. The change to ANB will become effective on our newly-revised QoL Flex Term product and on the new QoL
Performer Plus product. Over time, all Nashville-based products will change age calculation to ANB.
Please note, these changes do not affect in-force policies.

EFFECTIVE DATE
August 18, 2014

Products Currently Using ANB Calculations:

• QoL Performer Plus
• QoL Flex Term

Transition Rules
iGo Applications, Passport Illustration System and MobileQuote
AGL’s iGO electronic application, Passport Illustration Systems and MobileQuote are being programmed to support
the change to ANB. See below for additional information:
• iGo electronic applications, Passport Illustration System and MobileQuote will be programmed to quote
ANB on the effective date. Passport’s on-line system is always up to date; for disconnected systems, agents
and managers are to conduct an internet update their personal computers on August 18, 2014 to receive the
rates and ANB calculations for QoL Flex Term and QoL Performer Plus.

New Business Applications

In all cases the age displayed on an application for life insurance coverage will use the current age.
•U  nderwriting Requirements. Underwriting requirements are based on ANB, If multiple policies are
applied for on the same proposed insured involving either the QoL Flex Term or the QoL Performer Plus
underwriting requirements are based on ANB.
•S  ignature Requirements for juveniles. A proposed insured current age 15 and ANB 16 will continue to
require parental consent.
o Pennsylvania - a proposed insured current age 17 and ANB 18 will continue to require parental consent.

Backdating to save age

In the event an applicant desires backdating the policy to save age, Agents are to use the age calculation method
(ALB or ANB, applicable to the desired product). The maximum amount of time permitted for “Back Dating” cannot
greater than 182 days. Policies issued through a Worksite mode cannot backdate prior to the application date. ANB
(policies with backdating requests to save age will still be subject to ANB for underwriting requirements).

FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION.

 ANB example:
Janice’s birthday is January 4, 1974, her current age is 40. She submits an application for a QoL Performer Plus on March 5, 2014.
Since her birthday was January 4, she is eligible to apply at her current age of 40. She cannot backdate to save age.

On July 7, Janice contacts her agent. She is still 40, and her ANB is January 4, 2105. At this time, she is 41 for underwriting purposes.
Since the contract age is 40, the applicant is eligible to apply at her ANB of age 41, or request to backdate the policy to July 3 to save
age 40. (within 182 days). Underwriting requirements would continue to be based on age 41 if the policy is backdated to save age
40.

Frequently asked Questions and Answers:

Q: Proposed insured is applying for a QOL Flex Term, his current age is 49, but his ANB is 50. For underwriting do I use the current age 49,
or must the applicant qualify using the ANB age 50?
A: The applicant must qualify for the coverage at the “Insurance” age, in this case, the insurance age is ANB, age 50.
Q: The applicant is currently 19, and the ANB is 19. Does the applicant still qualify for juvenile (Standard) rates?
A: Yes, the applicant will qualify for juvenile rates (Standard), as the contract age is 19.
Q: The applicant currently is 19, and the ANB is 20. Does the applicant still qualify for juvenile (Standard) rates?
A: No, the applicant is eligible to apply for tobacco distinct and preferred classes, as the insurance age is now 20.
Q: My proposed insured is applying for a QOL Index Plus with an ALB age of 49 and QOL Flex Term with an ANB age of 50, using
QOL Advantage. Since QOL Index Plus still uses ALB as the age calculation and QOL Flex Term uses ANB, what age will be used for
underwriting qualification?
A: In this example, we will use the older age to determine underwriting requirements, age 50.
Q: Proposed insured is applying for a QOL Guarantee Plus, ALB is age 59. Because Nashville-based products are introducing ANB on
certain products, is this applicant subject to underwriting requirements for his age 59, or age 60 (ANB if applicable)?
A: In this example, Age 59. Because QOL Guarantee Plus continues to use ALB, the contract age is 59. We will continue to use contract
age for underwriting requirements.
Q: Proposed insured is applying for a QOL Index Plus with an ALB age of 49 and QOL Flex Term, with an ANB age of 50, using QOL
Advantage. Since QOL Index Plus still uses ALB as the age calculation and QOL Flex Term uses ANB, what age will print on the policy?
A: QOL Index Plus will print with the contract age of 49; QOL Flex Term will print with the contract age of 50.
Q: My client is exercising contractual term conversion to a QOL Performer Plus, at current age 42. When I do the age calculation using
ANB he/she is 43 do I use current age (there is language in the term policy that explains age) or am I required to use ANB?
A: The client must use ANB. The language you are referring to explain the age calculation used for the term policy. When applying for
a contractual term conversion, Nashville based products allow the term policy holder to apply for any permanent policy offered by
Nashville based products, without regard to how the age is calculated.
Q: Can you provide an example of an ANB underwriting example?
A: Underwriting requirements: based on Age Nearest Birthday.
$500,000 QOL Performer Plus being applied for
Date of Birth: Aug 1, 1969
Date of application: June 1, 2014
Age entered on the application: 44 (current age)
Underwriting Requirements are based on age nearest birthday 45
Requirements: Paramed, Blood, Urine, EKG and MVR. (Note: ALB 44, EKG would not be required).

If you have questions, please contact the Sales Desk at 1-800-358-5753, option 1

FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION.

Policies issued by American General Life Insurance Company (AGL). Issuing company AGL is responsible for financial obligations of insurance products and is a member of Amer-
ican International Group, Inc. (AIG). Guarantees are backed by the claims-paying ability of the issuing insurance company. AGL does not solicit business in the state of New York.
Products may not be available in all states and product features may vary by state. Please refer to your policy.

PGPA14-09