Should I Dump My AIG Policy?

This month, Kim Lankford answers your questions on insurance policies, IRA withdrawals, and buying investments now.

I have an insurance policy with AIG and I am concerned that the company may not be able to pay up if I have a claim. Should I be worried about the situation? Should I switch out of the policy and buy one from another company? Also, what about annuities issued by AIG? Are they safe? -- Heather Lingley, Melbourne, Fla.

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Row 0 - Cell 0 Fannie Mae Trap
Row 1 - Cell 0 Three Ways to Cope in This Market
Row 2 - Cell 0 More Ask Kim

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Kimberly Lankford
Contributing Editor, Kiplinger's Personal Finance

As the "Ask Kim" columnist for Kiplinger's Personal Finance, Lankford receives hundreds of personal finance questions from readers every month. She is the author of Rescue Your Financial Life (McGraw-Hill, 2003), The Insurance Maze: How You Can Save Money on Insurance -- and Still Get the Coverage You Need (Kaplan, 2006), Kiplinger's Ask Kim for Money Smart Solutions (Kaplan, 2007) and The Kiplinger/BBB Personal Finance Guide for Military Families. She is frequently featured as a financial expert on television and radio, including NBC's Today Show, CNN, CNBC and National Public Radio.