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...
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