AIG Insurance Review

Comprehensive coverage, user-friendly process, and exceptional customer service make AIG a top choice.

Author:Andrew Richardson

Read:10 mins

AIG Life Limited is the arm of AIG Life Insurance in the UK, Channel Islands, Isle of Man and Gibraltar.

They provide financial and practical support through a variety of Insurance plans targeted to individuals, families and businesses.

Click Here For A Quote From AIG Life Insurance >>

  • Best Doctors access
  • Partners with Winston’s Wish
  • Most AIG Life Insurance policies can only be purchased through a Financial Adviser
  • If the sum paid out is part of the estate it may be subject to the Inheritance Tax (IHT)

About AIG

AIG Insurance boasts on its website of 95 years of keeping promises to its customers. “Customer Service is at the heart of what we do,” is a motto of theirs. They feel if they treat customers fairly at all stages of interaction it will enhance their experience and lead to better service in the future.

Most of AIG Life Insurance policies can only be purchased through a financial adviser. This can be good or bad. Bad because you do not have the ease of applying online, but good because you will get sound advice as to what is best for your situation.

You choose the AIG Insurance cover amount and the term to suit your situation.

How User-Friendly is AIG’s Insurance Buying Process?

When it comes to purchasing insurance, you should not assume it’s going to be a walk in the park. But with AIG Insurance purchase guide, things are different! AIG projects its buying process in a language that everybody can understand, with straightforward steps devoid of industry-specific jargon. This way, it considerably lessens the intimidation factor associated with insurance buying.

Furthermore, their website is well-organized, mobile-friendly, and easily navigable. This factor alone scores a huge point for AIG, as in today’s digital world, customers want an insurance provider they can interact with right at the comfort of their homes.

AIG Insurance Pricing: Value for Money?

Soaring down the sweet lanes of AIG Insurance pricing review, one thing becomes quite evident: AIG insurance covers a wide range of budgets. Ranging from the lower end to the luxury range, they’ve got you covered. However, the question is, do you get the right value for your money?

I’ve got to tell you, the answer is — yes! From my analysis, AIG’s insurance policy offers unique features and advantages that are worth the price tag. But of course, like a wise spender, you’d have to weigh the coverage against the cost to ensure you’re not paying more than necessary.

Understanding AIG’s Insurance Policy Terms

Brushing up your AIG policy understanding could look a bit like exploring an ancient civilisation. Yes, it might seem complex, but it’s not impenetrable. The good news is that AIG provides insurance policy terms that are not too difficult to comprehend. The policies are spelled out lucidly enough for the average Joe to understand.

The company also offers numerous resources (online and offline) to help prospective customers get acquainted with their policy terms. This understanding is very important because you need to know exactly what you are getting into.

A Look into AIG’s Insurance Customer Service

Have you ever dealt with bot-like customer service before? I mean, those that lack personality and make you feel like you’re talking to a machine? Well, you may need to brace yourself because AIG’s customer service is on the other end of the spectrum. AIG customer service review reveals a customer service that is human-like and warm.

AIG representatives are not only knowledgeable but show empathy during interactions. They’re prompt to respond and you can reach them by phone, live chat, and even through popular social media platforms. Yes, you heard that right – AIG has got his fingers on the pulse of what customers want in today’s fast-paced world.

AIG’s Claims Process: Fast and Fair?

Moving on to the AIG claims process, the saying, ‘the proof of the pudding is in the eating’ comes to mind. You only know how good an insurance company is when you file a claim. From reviews, AIG has been shown to have a smooth claims process.

They’re quite efficient, which can be traced down to their great organizational skills and automated systems. Plus, their claims adjustors are fair and impartial, not looking for ways to shortchange their policyholders. The combining factor of speed and fairness in AIG’s claims process makes it a trusted brand for many.

Customer Opinions on AIG Insurance Products

In collecting AIG customer opinions, one finds that the majority of customers are happy with the products and services they get. Policyholders appreciate the broad array of insurance products that AIG offers.

Moreover, they value the extensive coverage that AIG Insurance provides, which caters to their individual needs and circumstances. Of course, it’s not 100% glowing tributes for AIG as there are complaints, most of which dip into the pricing. But then, who doesn’t want something cheaper if possible?

The Strengths and Weaknesses of AIG Insurance

As we inspect AIG pros and cons, the scales tip more to the pros. Their financial strength, extensive coverage options, and fast claims process are things that customers appreciate. Plus, their user-friendly buying process and exceptional customer service give them a significant edge over many other insurance providers.

On the flip side, some policyholders think their pricing could be a bit more competitive. While AIG offers great value for money, some individuals may find their premiums a bit on the high side, especially if they’re on a tight budget.

The Coverage You Get with AIG Insurance

When it comes to AIG coverage options, the company doesn’t pull any punch. They offer comprehensive insurance products including life insurance, travel insurance, health insurance, and auto insurance.

Moreover, beyond just offering these broad coverage selections, AIG allows customers to customize their policies to fit their specific needs. This way, you have the flexibility to tailor your insurance policy and are not forced to stick with a “one size fits all” plan.

Insurance Options: Our Honest Breakdown

AIG Insurance policies included access to Best Doctors, high levels of cover and the ability to tailor products with a wide range of flexible options. You build your policy to suit your needs.

YourLife AIG Insurance Plan

YourLife AIG Plan in the UK is a Term insurance available to ages 17 to 86 that provides financial and practical support in the event of;

  • Death or a diagnosis of a terminal illness
  • A child is diagnosed with a critical illness
  • Illness or injury that prevents the insured from working for themselves or looking after a child

You can tailor your AIG Life Insurance (UK) plan to fit your needs. With covers such as Critical Illness, Income Protection, and Family Income Benefit all with Term Options. Optional add-ons can cover a disability and even a waiver of premium.

AIG Insurance Critical Illness covers 80 critical illnesses, including the big four: Heart Attack, Cancer, Multiple Sclerosis, and Stroke are covered by definitions that go beyond the ABI’s standard.

Any child you have present or in the future will automatically be covered up to 50% of the AIG Life Insurance quote, up to £25,000.

The addition of Income Protection or Family Income Benefit provides your family with a monthly benefit.

The Total Disability option is unique to AIG Life Insurance. It could pay up to 50% of your pre-tax monthly income before you become incapacitated. And a Total Permanent Disability provides a total payout of policy should your disability prevent you from ever working again.

Whole of Life AIG Insurance

AIG Insurance Whole of Life policy is not limited by terms. The policy exists for your entire life. It is designed to protect your assets, help with the costs of a funeral, provide funds for a possible bill from the Inheritance Tax, and gives family members the comfort of knowing they are taken care of.

Whole of Life, AIG Insurance (UK) policies are available to people 17 to 84 years of age. They pay out a lump sum, up to £25 Million when the insured dies or is diagnosed with a terminal illness where life expectancy is less than 12 months.

Care Cover with Whole of Life Insurance

AIG Insurance Care Cover with Whole of Life Insurance offers sum assured amounts up to £400,000. It will assist with protecting your assets and help alleviate the cost of caring for you.

If you are diagnosed with a condition that inhibits your independent living or if you suffer from a severe cognitive impairment, this type of AIG Life Insurance will pay 75% of your policies sum insured.

Click here to get your personalised quote today!

Start Range

AIG Insurance UK Start Range provides the same great cover as YourLife Plan critical illness cover. The Start Range simply gives you another payment option.

Available as Life Start or with Critical Illness Cover. The main difference with Start Range is the cost. It is designed to have a lower initial premium and rise over time. The increase is fixed and you will know what the cost will be over the lifetime of the policy. The longer you keep it, the more costly it becomes. You have the option to select level payments at any time, but this could reduce the cover amount that would be paid out when a claim is filed.

Instant AIG Life Insurance

Instant AIG Insurance is available through websites that run financial comparisons. This makes submitting an application an easy process. Since it is designed for you to purchase without any advice, consider if this AIG Life Insurance is best suited for your needs.

Key3 Critical Illness Insurance

Key3 pays a tax-free lump sum if you are diagnosed with cancer[/link] or suffer a heart attack or stroke. It is available with AIG Life Insurance meaning your policy could also pay out if you die or are diagnosed with a terminal illness with a life expectancy of fewer than 12 months.

How AIG Insurance Stands Against Major Competitors

When you compare AIG vs competitors, the company stands tall and proud. The main distinguishing factor is the wide array of insurance products they offer. In terms of pricing, user-friendliness, and customer service, AIG is comparable to other major insurers.

Of course, AIG may not be the perfect fit for everyone. However, for customers in search of extensive coverage, customization options, and a company with global reach, AIG positions itself as a worthy contender.

Is AIG Insurance Worth the Investment?

As we explore AIG investment worthiness, the question boils down to what you want to get out of your insurance policy. AIG offers a solid assortment of coverages, great customer service, and impressive financial strength.

While there might be cheaper options out there, AIG’s value for money is something you can’t disregard. For those looking for wide coverage and customizability, AIG is certainly worth the investment.

Andrew Richardson is a highly respected expert in UK life insurance, with over 25 years of industry experience. Holding an honours degree from the London School of Economics and being a Fellow of the Chartered Insurance Institute, Andrew has made significant contributions to the field, including developing ground-breaking life insurance products. Known for his ability to simplify complex life insurance concepts, he regularly shares his insights through articles and workshops, empowering people to make informed decisions about their life insurance needs. His commitment to client service, education, and staying at the forefront of industry advancements solidifies his reputation as a trusted and leading figure in UK life insurance.

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About Andrew Richardson

Andrew Richardson, an accomplished expert in UK life insurance, brings to the table a wealth of knowledge amassed over 25 years in the industry. Andrew holds an honours degree in Business and Finance from the London School of Economics and is a Fellow of the Chartered Insurance Institute. He has dedicated his career to ensuring his clients receive the best possible advice and solutions to safeguard their futures.

Embarking on his career in London’s bustling finance district, Andrew’s unique ability to unravel and simplify the complexities of life insurance policies became evident. This skill, coupled with his intuitive understanding of market dynamics, led him to hold high-ranking positions in some of the country’s most well-respected insurance firms.

Renowned for his industry-leading expertise, Andrew has shared his valuable insights through articles in prestigious publications such as The Economist, The Telegraph, and the Financial Times. He has significantly contributed to shaping public understanding of life insurance by presenting complex information in an accessible and digestible format.

Notably, as a former Director of Life Insurance Products at a top insurance company, Andrew played a key role in the development and launch of ground-breaking life insurance products. These innovative policies have since become industry standards, demonstrating the significant impact of Andrew’s work.

Andrew’s commitment to educating the public on life insurance doesn’t stop at his writing. He frequently conducts workshops and seminars throughout the UK, empowering individuals to make informed decisions about their life insurance plans. His ability to present complex information in a clear, easy-to-understand manner has made these sessions highly sought after.

Beyond his professional achievements, Andrew actively utilises his expertise to support charitable causes, offering his knowledge of life insurance to help non-profit organisations secure their financial futures.

Always at the cutting edge of industry advancements, Andrew continually upgrades his knowledge, ensuring he offers the most current, relevant, and reliable advice to his clients. His unwavering dedication to professional growth has cemented his status as an industry leader in life insurance.

Andrew Richardson is more than just an insurance expert; he is a trusted advisor, a visionary product developer, and an invaluable asset to anyone seeking guidance on their life insurance needs. His deep knowledge, innovative spirit, and tireless commitment to client service make him an irreplaceable figure in the UK’s life insurance landscape.

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Meet our authors

Amelia Thompson

Dr. Amelia Thompson is an esteemed expert in UK health insurance, with a career spanning over 25 years. A Cambridge graduate in Medicine and a Master's holder in Health Policy from the University of London, Amelia has made significant contributions to the field, notably in the development of consumer-focused health insurance products. Renowned for her ability to simplify complex concepts, she frequently shares her insights in leading publications and educational seminars. Her commitment to ethical practice, client service, and industry advancement makes her a trusted and influential figure in UK health insurance.

Andrew Richardson

Andrew Richardson is a highly respected expert in UK life insurance, with over 25 years of industry experience. Holding an honours degree from the London School of Economics and being a Fellow of the Chartered Insurance Institute, Andrew has made significant contributions to the field, including developing ground-breaking life insurance products. Known for his ability to simplify complex life insurance concepts, he regularly shares his insights through articles and workshops, empowering people to make informed decisions about their life insurance needs. His commitment to client service, education, and staying at the forefront of industry advancements solidifies his reputation as a trusted and leading figure in UK life insurance.

Benjamin Turner

Benjamin Turner is a highly regarded expert in UK funeral insurance, boasting a professional career that spans over 20 years. A University of Manchester graduate and a distinguished member of the Chartered Insurance Institute, Benjamin has significantly contributed to the field, notably in the creation of comprehensive funeral insurance products. Renowned for his ability to clarify complex concepts, he frequently shares his insights in leading publications and workshops. His commitment to client service, ethical practice, and industry advancement makes him a trusted figure in the UK funeral insurance landscape.

Jonathan Harvey

Jonathan Harvey is a distinguished expert with over twenty years' experience in the UK's life, health, and funeral insurance sectors. A Cambridge graduate and Fellow of the Chartered Insurance Institute, Jonathan has a proven track record in designing innovative insurance policies, and a strong reputation for making complex insurance matters comprehensible for the public. Known for his empathetic approach, he has helped thousands make informed decisions on their future security. Regularly contributing to leading publications and hosting educational workshops, Jonathan's commitment to client service and public education truly sets him apart in the insurance industry.


Get a quote from AIG today

Don’t wait – get a quote from AIG today and secure comprehensive and affordable insurance coverage for your family’s future. With their wide range of policies and renowned customer service, AIG is a trusted choice.

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