AIG Life partners with RBS to provide 'simplified' protection

clock • 1 min read

AIG Life is the new sole provider of protection products for Royal Bank of Scotland, NatWest and Ulster NI banking customers.

  RBS and AIG have been working together to design a simple protection proposition for bank customers.  Most customers will be asked just 11 questions with the majority being offered instant cover without the need for medical evidence.  The products available from this week's launch will be Life Insurance; Critical 3 with Life and a guaranteed acceptance whole of life insurance product called Guaranteed Sixty Plus. This includes a protected insurance feature so customers who have paid half the premiums due before their 90th birthday receive a partial payout even if they stop pay...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Clark UK expands partnership with iptiQ

Clark UK expands partnership with iptiQ

Digital underwriting pathway

Jaskeet Briah
clock 10 February 2025 • 2 min read
The COVER Review: World Cancer Day, network updates and new FCA tool

The COVER Review: World Cancer Day, network updates and new FCA tool

Week commencing 03 February 2025

COVER
clock 07 February 2025 • 1 min read
Young adults unsure how to purchase protection

Young adults unsure how to purchase protection

LifeSearch research shows

Jaskeet Briah
clock 06 February 2025 • 1 min read