AIG CIC Start Critical Illness with Term Assurance
Date Reviewed: 14.05.2019
What is the minimum acceptable age at commencement when applying for AIG Life CIC Start Critical Illness with Term Assurance?
The minimum age at entry is 17 attained.
What is the maximum age attained at the commencement of insured for AIG Life CIC Start Critical Illness with Term Assurance?
This is not applicable as the plan must be taken with life and critical illness.
What is the minimum policy term for AIG Life CIC Start Critical Illness with Term Assurance?
The minimum term is 3 years.
What is the minimum sum assured for AIG Life CIC Start Critical Illness with Term Assurance?
The minimum sum assured is £2,500 for critical illness with life cover.
What is the maximum sum assured for life cover only and where accelerated CIC is included for AIG Life CIC Start Critical Illness with Term Assurance?
This is not applicable as the plan must be taken with life and critical illness.
Is there an additional critical illness cover for AIG Life CIC Start Critical Illness with Term Assurance?
Yes
What is the minimum acceptable monthly premium for AIG Life CIC Start Critical Illness with Term Assurance?
The minimum premium is dependent on the client's age and the minimum sum assured of £2,500.
What are the additional benefits with AIG Life CIC Start Critical Illness with Term Assurance?
Fracture Cover – No
Donor Cover - No
Other Benefits – There are other benefits available.
If the cover includes optional total disability
AIG will pay a benefit if the person covered is incapacitated for more than 26 weeks and meets our definition of ‘total disability’ before the end date shown on the cover summary, but their condition doesn't meet our definition of critical illness or total permanent disability. We explain how we define incapacitated below. After AIG has paid the full current sum assured, the cover stops.
Total Disability
The person covered meets the definition of incapacitated that applies to them. They need to be incapacitated for a continuous period longer than 26 weeks.
Total disability is paid as a monthly benefit where the condition may improve to the extent that the person covered no longer meets the definition of incapacitated that applies to them.
Where the person covered meets the definition of incapacitated that applies to them and the condition is, or becomes a total permanent disability, the benefit will be payable to the owner of the cover as a lump sum.
For the above definition, disabilities for which the relevant specialists cannot give a clear prognosis are not covered.
Winston's Wish
Anyone with children who makes a call to claim due to death or terminal illness has the added comfort of access to bereavement support if they choose.
Winston's Wish is a leading UK charity offering practical support and guidance to bereaved children, young people and their families.
The added-value service will be dependant on the individual's needs. For example, children, a remaining parent or carer can get advice over the phone, one-to-one support sessions or residential courses, as long as they can provide Winston's Wish with the relevant policy details.
Sum Assured in Instalments - The sum assured is not payable in instalments, unless the client is claiming Optional Total Disability Benefit.
The Total Disability benefit is the lower of 1% of the current sum assured or 50% of the client's gross monthly income, paid on a monthly basis.
Large Case Discount Available - AIG do offer bespoke pricing for sums assured above a certain level.
Confirmed by the insurer - 22/05/17
What is the total number of critical illnesses conditions covered by AIG Life CIC Start Critical Illness with Term Assurance?
There are 89 critical illness conditions covered.
What are the exclusions applicable to critical illness cover with AIG Life CIC Start Critical Illness with Term Assurance?
There are 2 critical illness exclusions. Alcohol or drug abuse and self-inflicted injuries are excluded for a limited number of conditions.
Alcohol or drug abuse
This only applies to a limited number of conditions, as follows:
- Cardiomyopathy related to alcohol or drug misuse
- Coma secondary to alcohol or drug abuse
- Liver disease secondary to alcohol or drug misuse
- HIV infection resulting from sexual activity or drug abuse
Self-inflicted is excluded for a limited number of conditions, as follows:
- Surgical removal of an eyeball caused by intentional self-inflicted injuries
- Accidental hospitalisation - an accident as a result of drug or alcohol intake or other self-inflicted means
Would I be excluded from AIG Life CIC Start Critical Illness with Term Assurance if
I worked in armed force - No
Had a pre-existing condition – No
Are there Virtual GP Services for AIG Life CIC Start Critical Illness with Term Assurance?
No
Are there any claims support services for AIG Life CIC Start Critical Illness with Term Assurance?
Support during a claim
If AIG has agreed that the person claiming may have a valid claim, they may pay up to £300 for services that support the person covered or their family. The services that are covered by this support payment will depend on the circumstances but could range from physiotherapy or counselling to the cost of taking taxis to hospital appointments.
AIG needs to approve the services, and agree on its cost before they are used. Whether AIG approves the service depends on the situation of the person covered and the advice of their doctor. AIG will refund the cost as soon as we have received the receipts for the services that we agreed.
The claims advisor will explain the services that AIG can pay for.
Please remember that if AIG pays for support services, it does not necessarily mean they will approve a claim on your cover.
AIG will not pay for support services in relation to a waiver of the premium claim.
Any payments made under the claims support fund will not be deducted from the benefit payable.
What can you get in terms of Health & wellbeing services with AIG Life CIC Start Critical Illness with Term Assurance?
No
To find out more about AIG Life and our other life insurance providers, call us today on 0800 862 0373 or get a quote now
* Information about the AIG Life CIC Start Critical Illness with Term Assurance product is provided by Defaqto and is correct as of the review date stated.
