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AIG life insurance

Who are AIG?

Find out about the life insurance cover offered by AIG

By Mehdi Punjwani

Published: 09 August 2020

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AIG is a leading international insurance organisation serving customers in more than 130 countries. AIG Life Limited was founded in 2007 as the life insurance arm of AIG in the UK, the Channel Islands and the Isle of Man.

In 2017 AIG paid out 99% of its life insurance claims and 93% of critical illness claims. It has over 300,000 customers and specialises in protection insurance such as life insurance, critical illness cover and income protection.

Contact AIG

AIG can be reached by calling 0330 390 0512

What types of cover does AIG offer?

AIG offers a variety of life insurance policies, including income protection, level-term life insurance, decreasing-term and critical illness insurance.

Information about AIG

AIG offers a number of benefits for policyholders, including:

  • Access to the Best Doctors second medical opinion service
  • A funeral pledge worth up to £10,000
  • Winston's Wish, a child bereavement service
  • A UK-based contact centre
  • The option to change your policy if your lifestyle changes, for instance moving house or having a baby

AIG’s credentials

AIG is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

What is life insurance?

Life insurance is a type of insurance contract which pays out a lump sum to your dependants should you pass away during the term of the contract. The cost of a policy is determined by a number of factors including your age, health and lifestyle. Life insurance can help your partner or children pay for any financial commitments that might fall to them if you were no longer here.

Why it pays to shop around

MoneySuperMarket always urges customers to shop around and compare life insurance deals. Visit our life insurance channel today and run a price comparison to see if your life insurance premium could be reduced. 

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