Key3 Critical Illness Insurance
Key3 Critical Illness Insurance is a simpler version of our standard critical illness product, covering cancer, stroke and heart attack. It pays a tax-free lump sum if your client suffers from one of these conditions.
Key3 offers your clients a cost-effective solution when compared to standard critical illness products, giving them the cover they need to work within their budget - it’s available with and without life insurance. If your client chooses the life insurance option, the policy will pay out once in the event of death, terminal illness or for a critical illness.
Why recommend Key3 Critical Illness insurance
Cancer, stroke and heart attack can affect anyone at any time. And it happens more often than you think.
- Every two minutes: someone is diagnosed with cancer2
- Every five minutes: someone in the UK is admitted to hospital due to a heart attack3
- Every five minutes: someone has a stroke4
Over 80% of adult critical illness claims paid out by AIG in 2019 were for illnesses covered by Key31. This straightforward policy offers financial support for when your clients will need assistance most.
If your client is affected by one of the ‘big three’, a Key3 critical illness policy gives them the financial assistance they need to be able to focus on recovery.
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.
Writing your client's policy into trust
Your clients are able to write their policies into trust, and we provide adaptable specimen trust documents for use. Making this legal arrangement could ensure that money paid out for a claim goes straight to the people they want to benefit from the trust. It also could allow a quicker death claim payment compared to a policy not in trust and could mitigate Inheritance Tax liabilities.
We cannot advise on whether putting any particular policy into trust would be suitable for your client’s particular circumstances and would recommend that they take professional legal and tax advice. For more information, read our guide to explain how trusts work for AIG’s insurance policies.
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.
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.
Smart Health is provided to AIG Life Limited customers by Teladoc Health.
Smart Health and Best Doctors are non-contractual benefits, meaning they don’t form part of an insurance contract with us. The services can be withdrawn at any time without notice.
Literature and support materials
Key3 - Cover Details
This explains how the cover works and the terms and conditions for Key3 Critical Illness Insurance.
Key3 Critical Illness Insurance – Key Facts
This document describes what is covered by Key3 Critical Illness Insurance, who can buy it and how it works.
Key3 - Sales Aid
Find out how our Key3 product can help your clients, providing cover for three common illnesses.
Key3 Critical Illness with Life Insurance – Key Facts
This document describes what is covered by Key3 Critical Illness with Life Insurance, who can buy it and how it works.