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CAREINGTON International Partners with AIG Employee Benefit Solutions(R) on New Group Limited Benefit HealthCare Plan.

FRISCO, Texas -- CAREINGTON International, a leading provider of discount health-care programs announced today that it has been selected to administer AIG Employee Benefit Solutions' most recent product, AIG Group Limited HealthCare(SM) insurance plan, to all AIG Employee Benefit Solutions group clients. AIG Group Limited HealthCare(SM), which was launched last October, combines a select number of CAREINGTON's premier discount medical services with an accident and sickness indemnity insurance plan, as well as critical illness and term life insurance that are underwritten by AIG Life Insurance Company and American International Life Assurance Company of New York, both member companies of American International Group, Inc. (AIG).

"We're very proud to partner with one of the world's leading insurance organizations to offer employers a new way to help fill potential benefit gaps in traditional health-care coverage," said Barbara Williams, president and chief executive officer, CAREINGTON International. "By combining the new AIG Group Limited HealthCare Plan with our best-in-class line of discount medical networks, employees will be able to further reduce the financial burden of out-of-pocket medical expenses not covered by insurance."

CAREINGTON's discount medical services include a national medical provider network of 3,900 hospitals and more than 1 million provider locations -- including medical, dental, vision and prescription savings -- as well as access to online medical information and a 24-hour nurse line.

"To remain competitive in today's environment, employers need cost-effective benefits packages to attract and retain quality employees," said Mike Witwer, senior vice president, Marketing and Product Development, AIG Employee Benefit Solutions. "We are committed to leading the market in developing new, innovative employee benefits products and AIG Group Limited HealthCare Plan addresses employer concerns by offering flexible, affordable ancillary coverage that easily complements their current major medical plan."

AIG Group Limited HealthCare is not basic health insurance or a substitute for health insurance. For more information about this product or to learn more about one of the broadest employee benefit product portfolios available, visit www.aigebs.com.

About CAREINGTON

CAREINGTON International is Discount Medical Plan Organization and Third Party Administrator dedicated to improving the health and well-being of individuals by providing access to quality dental, health care and lifestyle services at reduced rates. The company provides a range of membership programs - from dental, medical, pharmacy, vision and chiropractic to legal, tax, child/eldercare, concierge and identity theft - that deliver significant savings to more than seven million members nationwide. For more information, contact CAREINGTON International at 866-222-2558 or visit www.careington.com.

About AIG American General

AIG American General, www.aigag.com, is the marketing name for the insurance companies and affiliates comprising the domestic life operations of American International Group, Inc. (AIG). AIG American General companies offer a broad spectrum of fixed and variable life insurance, annuities and accident and health products to serve the financial and estate planning needs of its customers throughout the United States.

American International Group, Inc. (AIG) does not underwrite any insurance policy described within this news release. The licensed insurance company underwriting the product is responsible for its own financial condition and its contractual obligations

AIG Employee Benefit Solutions([R]), www.aigebs.com, is the marketing brand under which group employee benefit insurance products and individual worksite products (including life, accidental death & dismemberment, disability, dental, vision, cancer insurance and critical illness products) are offered by the insurance companies that comprise AIG American General, including AIG Life Insurance Company, American General Assurance Company, American International Life Assurance Company of New York, The United States Life Insurance Company in the City of New York and American General Life Insurance Company.

American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Paris and Tokyo.

This is a summary only of products and services offered. Actual offerings may vary by group size and are subject to state insurance law, and the benefits/provisions as described may vary due to such law. All products are subject to terms, conditions limitations and exclusions of the policy. Please consult policy and certificate for details.

AIG Group Limited HealthCare(SM) (Employer-Funded and Employee-Paid)

Underwritten by AIG Life Insurance Company, Wilmington, Delaware, and American International Life Assurance Company of New York, New York

Policy Form Series Numbers: N20000, N20001, N20005, N20009, N20010, N50005, G-LAD-30000, G-LAD-40000.

The underwriting risks, financial obligations and support functions associated with the products issued by AIG Life Insurance Company (AIG Life) or American International Life Assurance Company of New York (AI Life) are their responsibility. AIG Life and the AI Life are each responsible for their own financial condition and contractual obligations.

AIG Life does not solicit business in the state of New York. Policies and riders not available in all states.
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Publication:Business Wire
Date:Jan 28, 2008
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