AIG Life extends maximum age, cover limits on Instant Life

AIG Life has announced changes to the limits included on its Instant Life cover, designed to broaden access to the life insurance product. New customers can now purchase cover up to the age of 59 attained, from 54 and be insured until 89 attained, up from 69, for a maximum sum assured of £750,000 - an increase from £600,000. Instant Life, which can be acquired through advisers or comparison websites, does not include manual or medical underwriting, resulting in quicker decisions for consumers. Neil Davies, commercial director at AIG Life, commented: "We've made Instant Life Insuran...