AIG Life has made more than 40 enhancements to its critical illness (CI) offering, including simplified definitions, an expanded range of medical conditions and increased payment levels.
Early stage low-level cancers, severe mental health, sepsis, pregnancy complications, and a seven-day intensive care condition will now see customers receive a payment. Additional partial payments have increased to 50% of the money payable up to £35,000 for both adults and children. Children's CI and child-specific condition payments are now 50% of the sum assured up to £35,000, while child death benefit - paid early if a child is diagnoses with a terminal illness - has increased to £10,000. AIG Life senior propositions manager Nicki Plews said: "When my colleagues and I sat down to l...
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