AIG Life Insurance
Intro to AIG
AIG, or the American International Group, were founded in 2015, however they were known as Ageas from 2010 and Fortis before that. Their roots go back to 1824 and they are now a multi-national finance and insurance corporation who operate in over 80 countries and employ upwards of 49,000 people.
AIG don’t just offer life products – they also offer general insurance, retirement options and operate a technology-enabled subsidiary business. Their headquarters are based in New York City but they have offices located in many countries across the globe. According to the 2018 Fortune 500 list, AIG was ranked as the 87th largest public company in the world.
AIG are official partners of the New Zealand All Blacks Rugby Team and have previously sponsored Manchester United Football Club. They also currently sponsor the AIG Women’s Open in golf.
How many customers do AIG have?
AIG have around 8 million customers in the UK.
What are AIG’s claim pay-out rates?
- For Life Insurance, AIG paid out 99% of all claims in 2019, amounting to £52 million;
- For critical illness cover, AIG paid out 94% of all claims in 2019, amounting to £25 million.
What awards have AIG won?
AIG have won Best Critical Illness Provider at the LifeSearch Awards 2019 and Best Intermediary Support Team at the COVER Customer Care Awards 2019.
Is AIG 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 AIG, 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 AIG Life Insurance quotes?
We can offer you quotes for AIG 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 AIG Life Insurance?
You can pay for AIG 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 AIG cost?
AIG 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