Drewberry™ provide pensions, investment and insurance advice for Money to the Masses readers throughout the UK.

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AIG Life Insurance

Your Life Plan


2008 (Ageas Protect)


Policy Terms PDF
Key facts PDF

Company Type

Public Limited Company

Company Overview

Part of the greater Ageas Group, Ageas Protect was an award winning insurance provider with 13,000 employees worldwide.

Ageas Protect was bought in 2014 by the American Insurance Group (AIG), AIG is a leading international insurance organisation serving customers in more than 100 countries.

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Life Insurance Overview

AIG Life is the result of AIG purchasing Ageas Protect which was the award-winning life insurance arm of Ageas.

AIG Life offer a variety of modular cover options. For example, their YourLife Plan allows you to select a range of cover options to encompass Term Assurance with Critical Illness Cover, Family Income Benefit and Income Protection.

Furthermore, if you are on a budget, their Low Start programme has a lower initial starting cost rising over the term of the cover.



Low budget cover available on their Low Start programme, with rising premiums over the term of the policy.


Modular products that combine a range of cover including Family Income Benefit, Income Protection & Critical Illness.


AIG provide support to your family if you die through leading charity, Winston’s Wish.


Best Doctors® is included for the policy holder and their immediate family when taking out an individual or business life insurance policy


AIG’s Policy Conditions

An overview of the key policy details of AIG’s Life Insurance proposition.

   Overview of Key Policy Details

Policy Type

Life Insurance

Policy Options

Level or Decreasing Term Life Insurance, Family Income Benefit

Policy Coverage

Single & Joint cover available with one payout


Full Medical Underwriting

Premium Type

Reviewable and low start are also available.

Terminal Illness Cover


Optional Critical Illness Cover


Critical Illnesses Covered

42 critical illnesses are covered

Children’s Critical Illness Cover

Paying up to a maximum of £25,000 per child



Waiver of Premium

Optional if you are incapacitated for longer than 26 weeks

Maximum Cover

No maximum. Terms and conditions apply

Minimum Cover

Dictated by minimum premium and client’s age

Max. Policy Term

70 years

Min. Policy Term

3 years

Min. Entry Age

17 years old

Max. Entry Age

86 years old

Guaranteed Insurability

A range of GIOs are available including; business loan or partnership, key person. Benefit and age limitations apply

Policy Exclusions

Suicide is excluded within the first 12 months of the policy

Application Process

We can arrange for a paper application, however we would recommend that you complete your application with one of our independent insurance experts over the telephone on 0208 432 7333.

This is to ensure that you have not missed anything and will not risk any failed claims due to non-disclosure in the future

Claims Telephone Number

0845 600 6815
9-5 Monday to Friday

Other AIG Policies

We have taken care to ensure that the information on this Drewberry owned website is accurate. However we can give no guarantee as to the accuracy of the content of the site. We accept no liability for any losses whether direct or indirect arising from errors on our part.

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Drewberry reviews AIG Life Insurance…

AIG Life Insurance policy is affordable and flexible with the potential to include additional benefits such as critical illness cover and family income benefit.

AIG’s support focus via Winston’s Wish alongside their modular approach, make’s their life insurance an attractive policy for most people. With a range of variable terms or add-ons that can help, you can also either enhance your cover and in turn adjust your premium to suit your budget.

There is no maximum cover for this policy and the maximum entry age is high at 86 years of age. You can also opt for a decreasing term if you want the premiums to drop alongside a decreasing mortgage.



AIG Life Insurance – Questions and Answers

A series of commonly asked questions with regards to the policy coverage of the AIG Life Insurance plans.

Q. Will AIG Life Insurance cover me if I am diagnosed with Cancer?

A. The answer varies depending on the level or stage of the disease. The standard policy will only cover you for Cancer if it is terminal. If you are particularly interested in being covered for Cancer we would recommend taking out the income protection and / or critical illness options available for this policy.

Income protection offers you a monthly payout should you be unable to work due to sickness or injury in a broader sense, which can help cover any monthly financial commitments.

Critical Illness insurance will pay out a lump sum should you be diagnosed with Cancer but it will need to meet AIG specific guidelines on what they regards as ‘critical’.

Q. Can I get physiotherapy on an AIG life insurance policy?

A. If you need physiotherapy to help you get back to work the income protection option includes a recuperation benefit that can be used for physiotherapy.

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1,224 Reviews
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Mine was not a straightforward case, but Steffan was first class in everything.
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Sam was extremely knowledgeable and helpful.
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Really, really helpful! Stopped me from signing up with an unhelpful company, and did basically all of the legwork for me in signing up with the right one. I can't have been the most helpful client as I'm 19 and only just started looking into it last week, but he took all the questions in stride! Put up with me turning to ask my dad questions every 2 minutes as well. I was helped by 2 workers; Sam and Nick. Thank you very much to both!
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Good communication and follow ups. Friendly. A thorough research for my insurance needs.
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Sam Barr-Worsfold was very helpful and provided excellent customer service. Sam discovered I was paying too much premium for my current cover. Sam recommended and helped moved to a new cover with lower premium that provided the level of cover (terms required stated in the provider's policy) I wanted. I recommend highly recommend Sam and Drewberry Insurance. Thank you Sam.