AIG Life has split children’s critical illness (CI) cover as part of its Your Life proposition into two optional levels.
Under the new structure, AIG's Enhanced Children's Cover policy will retain the same breadth of coverage as its previous Enhance Adult proposition. Core adult policies now include the optional Core Children's Cover, which includes a reduced range of coverage and benefits, but also lower costs. Congenital conditions have been removed from the Core option, along with a number of Group 1 and Group 2 conditions, detailed in the table below. Birth defect cover is only available within the Enhanced Children's Cover option. Meanwhile, child death benefit has been reduced from £10,000 to ...
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.