Care Cover with Whole of Life Insurance

AIG’s Care Cover with Whole of Life Insurance helps your clients make financial provisions for care in later life. People increasingly require care to maintain some quality of life as they get older, which can be expensive. This product will pay out 75% of the sum assured to allow your clients to access the care they need if they meet the plan’s criteria. If they pass away without needing that level of care, the plan will pay out the full sum assured. Only one payment will be made under Care Cover with Whole of Life Insurance (for care cover or death/terminal illness), and once it is made, the policy will cease.

Why choose AIG

Care Cover Benefit

The insurance will pay a maximum of £300,000 for Care Cover Benefit. Clients can increase their sum assured until their 71st birthday, but the Care Cover Benefit cannot exceed £300,000. It will be paid to the clients’ personal representatives and cannot be selected as a standalone benefit.

Inheritance tax or legacy

As our Whole of Life Insurance doesn’t have a term, it can be suitable for dealing with the impact of IHT on the value of your clients’ estates. This option could also help your clients leave a legacy for their families or contribute towards their funeral costs.

Whole of Life Insurance

Whole of Life Insurance is also available without Care Cover - to find out more about whether this could be the right option for your clients, head to our dedicated product page.

Learn more

Writing your client's policy into trust

Your clients are able to write their policies into trust, and we offer both simple and split options. Making this legal arrangement ensures that money paid out goes straight to the people they want to benefit from it. It also could allow a quicker death claim payment compared to a policy not in trust and could exempt any pay out from IHT liabilities. We cannot advise on whether putting any particular plan into a trust would be suitable for your client’s particular circumstances and would recommend that they take professional legal advice. For more information, read our guide to explain how trusts work for insurance policies.


Additional benefits of AIG

Two doctors walking up stairs
Best Doctors®

We give your clients access to Best Doctors for invaluable second medical opinions. Their knowledge helps your clients and their immediate family get the right diagnosis, treatment and care.

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Our Claims Support Fund

We offer a discretionary fund of up to £300 towards services such as travel costs and wigs after cancer treatment - all to help your client and their family cope with a serious illness.

Waiver of Premium

For just a small additional amount, your clients can include Waiver of Premium. With this, we will cover their premiums if they can’t work due to injury or illness. This helps your clients stay insured if they become too ill to work.

Smart Health

From on-demand consultations with UK based GPs, to Best Doctors - the expert case management service with the world’s top medical specialists, our Smart Health service is a convenient way to connect your customers to tools that help them to manage their health and wellbeing from anywhere in the world, 24/7.


Smart Health and Best Doctors are non-contractual benefits which can be withdrawn at any time without notice.

Waiver of Premium is available for clients who purchased their policy when aged 54 and below. This cover ends when the person reaches their 70th birthday.

Literature and support materials

Care Cover with Whole of Life - Key Facts

This document describes what is covered by Care Cover with Whole of Life Insurance, who can buy it and how it works.

Download Updated 30 Apr 18
Care Cover with Whole of Life - Cover Details

This explains how the cover works and the terms and conditions for Care Cover with Whole of Life Insurance.

Download Updated 30 Apr 18
Reasons why - Care Cover with Whole of Life

Download Updated 01 Jun 19