AIG Life Insurance...Problems?

September 24, 2008 5:40 AM

Aaaargh! I have AIG Life Insurance (in Canada). Should I be worried?

I have AIG life insurance here in Canada. I just paid a bill for next year's coverage. Should I be worried about AIG (life) insurance going down the tubes?

posted by mbarryf to work & money (5 comments total)

No.
posted by ewkpates at 5:52 AM on September 24, 2008 [1 favorite has favorites]

Agreed. From what I understand their insurance business is still quite profitable and will remain intact. If you were leasing an airplane from them, that might be another story.
posted by jluce50 at 6:29 AM on September 24, 2008

Not at all.
posted by The1andonly at 6:36 AM on September 24, 2008

Corporately containerized. I wouldn't worry.
posted by CheeseburgerBrown at 9:50 AM on September 24, 2008

AIG (Canada) is very, very insulated from AIG (USA). I just met a bunch of Canadian AIG folks; they're concerned about their US colleagues, but Canada is just fine.
posted by dirtynumbangelboy at 11:02 AM on September 24, 2008