AIG Life announces 'simpler' CI definitions and increased pay-outs

'Start from yes' philosophy

clock • 1 min read

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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