In the earlier stages of a person’s life, life insurance and critical illness cover (often referred to as ‘accelerated life’) are essential for ensuring financial and family protection needs. However, once the mortgage is paid off, and the term life cover has expired, the protection gap for clients in the later stages of life is often left unaddressed.
AIG’s Whole of Life and Care Cover with Whole of Life products can be viewed as a potential solution to this problem – you could consider them as the ‘accelerated life’ products for older clients. Read our article to find out more.