AIG Life has launched Instant Life, a level term insurance plan with an application time of less than 8 minutes, COVER can exclusively reveal.
The online journey can be completed by the adviser or by the customer on a desktop or any mobile device giving an immediate decision without the need for medical evidence. In recent week, AIG Life launched the Over Fifties Life Plan - in a bid to open up the over-50s market to advisers. Speaking to COVER, Nick Erskine, head of intermediary sales at AIG Life said: "It is about simplicity. We are on course now to challenge the market and make it easier for advisers to do business. "A lot of our business comes from mortgage advisers and they spend so much time post MMR dealing wi...
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