AIG Life partners with RBS to provide 'simplified' protection

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 paying ...