AIG Life has extended its products and tools aimed at intermediaries with international clients needing protection insurance for UK financial liabilities.
Family Income Benefit (FIB) has now been added to the range of products available to British citizens, alongside Key 3, Life Start and CIC Start. AIG Life has also created an online tool to help intermediaries identify if their non-UK resident clients can buy AIG's protection insurance. In April AIG launched intermediated protection insurance to British expats living almost anywhere in the world and to foreign nationals providing they have a UK financial interest. The insurer launched this as HMRC had put plans into place for legislation creating an inheritance tax (IHT) liability ...
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