AIG Life extends flexible policy for financially hit clients
Customers will not be asked to pay the difference when premiums go back to normal
Customers will not be asked to pay the difference when premiums go back to normal
To provide insurance, investment, family office and asset management services to HNW clients
In a bid to ‘elevate its position in the attractive’ market
‘Treatments now available have significantly improved both mortality and quality of life’
There is a disconnect between the people making decisions and the community in need of cover
To help intermediaries have better quality client conversations
To meet the ‘underserved needs’ of high net worth clients
Product will have nine policy currency options
As rival insurer offers to enter into ‘immediate and exclusive discussions’
Financial advisers ‘100% the way forward’ in overcoming misconceptions
Insurer believes retaining mutual status means facing ‘higher execution risks’
Insurer suggested a ‘three-way’ sale discussion including the US private equity acquirer