AIG signs up to Protection Distributors Group's 'Funeral Payment Pledge'

AIG signs up to Protection Distributors Group's 'Funeral Payment Pledge'

AIG Life has become the first insurer to meet the Protection Distributors Group's 'Funeral Payment Pledge'.

In September, the group which consists of ten leading intermediary firms in the UK protection market, called for insurers to do more to help bereaved families. AIG has confirmed it has agreed to sign up to the pledge and will announce the details officially early next year. As a minimum, the PDG asked for insurers to ensure families can pay funeral costs by committing to the pledge; proactively offering families at claim stage to pay the funeral director where no other arrangements have been...

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Exclusive access to our fortnightly Protection insight mini-podcast.
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now


Already a Cover member?


More on Term Assurance