Aegon Life Insurance
Intro to Aegon
Established in 1831 as Scottish Equitable, which became part of AEGON in 1998, the Life Insurance part of the business has been based in Edinburgh since they were founded. AEGON offers retirement, savings and protection solutions to around three million UK customers and employ more than 3,000 staff in their Life Insurance division.
They are now a multi-national business that incorporates Life Insurance, pensions and asset management and their headquarters are based in The Hague, Netherlands. Worldwide, Aegon employs around 28,000 people and have over 1 million customers.
AEGON historically sponsored the Dutch football team, AFC Ajax, and have also sponsored the Lawn Tennis Association, British Tennis and their American wing Transamerica sponsor American golfer Zach Johnson.
How many customers do AEGON have?
AEGON have around 29 million customers in over 20 countries and over 1 million customers in the UK alone.
What are AEGON’s claim pay-out rates?
- For Life Insurance, AEGON paid out 98% off all claims in 2018, amounting to £67.1 million;
- For critical illness cover, AEGON paid out 93% of all claims made in 2018, amounting to £37.4 million.
What awards have AEGON won?
AEGON have won Underwriter of the Year at the British Claims Awards 2019 and have a Moneyfacts 5* rating for level and decreasing critical illness protection in 2019.
Is AEGON Life Insurance good?
Protect Line are an impartial brokerage, so this means we won’t ever give you any advice and will only provide facts. In regards to AEGON, we have provided factual information within this page so that you can make a decision when it comes to choosing your Life Insurance provider.
How do I get AEGON Life Insurance quotes?
We can offer you quotes for AEGON Life Insurance – all you need to do is fill out our online quote form, have a chat with our friendly and professional team and you’ll then have quotes from multiple different insurers to choose from.
How do I pay for AEGON Life Insurance?
You can pay for AEGON Life Insurance like you would any other policy – this is usually via direct debit and set up when you take out your policy.
How much does Life Insurance from Legal & General cost?
Aegon Life Insurance can vary in cost and is based upon personalised factors such as:
- Your age
- Your health
- Your lifestyle choices
- Whether you’re a smoker
- The length and amount of cover