Start Range

We understand that everyone’s needs and budgets are different, which is why we offer products that make insurance more accessible. With lower initial costs, our Start range is a more affordable way clients can start getting the same term assurance policy that YourLife Plan offers.

How it works

We realise that some clients may have lower earnings but also a mortgage or young family to pay for, so may be reluctant to pay for life insurance.

Our Start range offers cover with a fixed 3.5% premium increase each year. The quote shows what impact this will have in the early years of the policy, and it could help with your client’s budgeting - they don’t have to worry about whether they can afford the initial premiums to begin with.

Our available options

As part of our Start range, we have two options available. For both, our premiums start low and rise at a fixed 3.5% each year.

  • Life Start - Term Assurance

  • CIC Start - Critical Illness with Term Assurance

 

CIC Start - Critical Illness with Term Assurance

Our Start range gives your client AIG’s same comprehensive critical illness cover, but with a different style of payment.

Benefits of CIC Start - Critical Illness with Term Assurance
  • Broader protection: We cover over 100 different conditions and operations. Our cover for cancer, heart attack, multiple sclerosis and stroke exceeds the definition set by the Association of British Insurers. 
  • More cover for children: Any children your client has, or will have in the future, are automatically covered. There’s no need to change their policy if their family grows. We also pay more if your client’s child needs to travel overseas for medical treatment.
  • Pregnancy cover: Additional cover for pregnancy is included as standard. So if your client were to suffer a pregnancy complication that meets our definition, they could receive a pregnancy cover benefit of £5,000.
  • Flexible cover options: If your client’s circumstances or budgets should change in the future, we think their cover should too. They can stop their premiums increasing at any point by changing to a level term. That way they’ll keep their premiums at the price they’re currently paying in line with what they can afford - and their sum assured will reduce to reflect this. 
  • Flexible policy options: When setting up the policy, your client can choose single or joint life, own life or life of another and whether or not to include Waiver of Premium. 

 

Life Start - Term Assurance

Life Start - Term Assurance covers your clients against death or terminal illness for the full duration of the term - it’s just another way to pay.

Benefits of Life Start - Term Assurance
  • Claims for terminal illness: AIG gives your client the reassurance they need and covers against death or terminal illness right up to the last day of their policy.
  • Flexible cover options: If your client’s circumstances or budgets should change in the future, we think their cover should too. They can stop their premiums increasing at any point by changing to a level term. That way they’ll keep their premiums at the price they’re currently paying in line with what they can afford - and their sum assured will reduce to reflect this.
  • Flexible policy options: When setting up the policy, your client can choose single or joint life, own life or life of another and whether or not to include Waiver of Premium.

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.

Download

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.

Two children painting with their hands
Winston's Wish

We understand that people need more than financial security. We work with the leading UK charity Winston’s Wish to help bereaved children get the specialist support they need.

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.

FIND OUT MORE

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

Literature and support materials

Start range - Sales Aid

Understand how our Start range products can help your clients.

Download Updated 30 Apr 17
CIC Start - Cover Details

Read our Cover Details for an explanation of how CIC Start - Term Assurance works.

Download Updated 30 Jun 18
CIC Start - Key Facts

For more information on CIC Start - Critical Illness with Term Assurance, visit our Key Facts.

Download Updated 30 Jun 18
Life Start - Cover Details

Read our Cover Details for an explanation of how Life Start - Term Assurance works.

Download Updated 31 May 19
Life Start - Key Facts

For more information on Life Start - Term Assurance, visit our Key Facts.

Download Updated 31 May 19
Reasons why - Individual Protection

A guide to provide an example of what a ‘reasons why’ letter could contain.

Download Updated 30 Jun 18