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AGLA is the acronym for a licensed insurance company with the name of American General Life and Accident Insurance Company. It conducts life and health (as opposed to property and casualty) business in many states. Like other insurance companies, it is licensed and overseen by the insurance departments of the states in which it conducts business.
Because AGLA is a licensed insurance company, it is not a "scam". However, one's view of the company may differ depending upon one's experiences with the company. Most negative views of any insurance company arise from a consumer's experience when a claim is asserted under a policy or with sales practices.
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