I totally agree. Insurance companies are still businesses, they are up for profit and your money. And the same time, they can be beneficial to you and your family when used the right way.

In terms of health, full disclosure of information must be done to make sure that the insurance company is also provided with real and truthful information.

Just to let everyone know AIG is going to be taken over by BMO

i would never hide it, I am not that way . I have been told I am to upfront

I would recommend that you disclose the health issues to the insurance rep before you take out any life insurance... because the heath issues may invalidate the policy.

No I don't but my husband is not in the best health.
That is why I was asking.

do you have illnesses?
If so.. you need to read the fine print on the policy.

Sometimes the insurance company will do a "medical" after you pass away... that means that if you died from something they didn't allow, you wouldn't get your money. If forget the term for this.

Insurance companies never do things with a huge risk attached.

I am looking for a company that has life insurance w/ out medical and AIG did that.

They've borrowed $85 billion from the U.S. goverment to keep operating.
They're not the healthiest insurance company around.

Is AIG safe to sign on with for insurance?

I think it's pretty ridiculous that people are complaining about AIG execs getting retention bonuses.. especially if they were under contract to do so.

The U.S. federal government must have known about these bonuses prior to bailing out the company.

I don't think it's right that President Obama ask to have these bonuses taken away. They were agreed to. It's part of the bailout expenses.

I wouldn't like the federal government interfering with my business. I would think that's how communism begins... and.. isn't that what we're supposed to be against?

FOR NEXT TIME: I think we're seeing the excesses of Wall Street in a glaring light. Gluttonous wall street is showing their true colors.

http://money.cnn.com/2009/03/17/news/companies/aig_bonuses/index.htm?postversion=2009031715

AIG bonuses: 73 top $1 million
NY Attorney General Andrew Cuomo unveils details of AIG bonuses, including $6.4 million for the top recipient. No names revealed.

Last Updated: March 17, 2009: 3:40 PM ET

ROAD TO RESCUE
AIG bonuses: 73 top $1 million

NEW YORK (CNNMoney.com) -- Bailed-out insurer American International Group gave 73 of its employees bonuses of more than $1 million each, according to a letter that New York state Attorney General Andrew Cuomo sent Congress on Tuesday.

In a letter to House Financial Services Committee Chairman Barney Frank, D-Mass., Cuomo said that the $160 million that AIG issued this year to its Financial Products employees included one bonus that was as high as $6.4 million.