AIG Life has revealed it paid 99% of life claims (up from 96% in 2016) and 93% of CIC claims (up from 92.3% in 2016), with the highest pay-outs sitting at over £5m for life, £765,000 for CIC and £459,000 for terminal illness.
The average age at claim was 64 years for life, 59 years for critical illness cover (CIC), 3.5 years for children's CIC, while cancer claims accounted 45% for life, 60% for CIC claims, 96% for terminal...
Thursday 10 October, The Brewery, London
50th anniversary of moon landing
‘Talk to 10,000’
Period of consultation
SJP receives scathing open letter from shareholder criticising 'bloated organisational structure' and 'excessive pay'
Suggests reducing adviser operating expenses
90% relate to Covid-19
‘Either write it or refer it. Do not ignore it’
Cost Aviva £7m
Contacted Minister for State and Security