The American General Life Cos. group says it will stop selling the American General LTC product.
The group will stop accepting applications for the American General LTC policy on Aug. 1, the group says in a notice posted by several long-term care insurance distributors.
American General Life, based in Houston, is a unit of American International Group Inc.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
