ALICO AMERICAN LIFE INSURANCE COMPANY
American Life Insurance Company (ALICO) was formed in 1921 and originally based in Shanghai, China of what would later become American International Group, Inc. (AIG). In 1951, Asia Life changed its name to American Life Insurance Company (ALICO).
ALICO & AIG Life expanded its presence in the Uk via its Uk office operation in Croydon. AIG were also shirt sponsors of Manchester United. However, due to the recession in the late 2000's AIG changed their name to Chartis Insurance Uk Ltd part of the Chartis Insurance Group.
ALICO American Life Insurance Company & AIG Life in the 2000's had a multi-product protection & investment channel capability across the UK with distribution via its own sales force & also brokers.
ALICO Uk became part of Metlife in 2010, then they announced they were going to close their UK operation, transferring various old products lines (including protection policies) to both ReAssure Ltd & Metlife.
ALICO UK LIFE INSURANCE - PRODUCT REVIEW
Although no longer available for new UK protection business, you maybe able to amend or adjust your existing old American Life Insurance policy by contacting either ReAssure or a Financial Adviser.
Designed to cover a repayment mortgage on death or terminal illness as it decreases during the plan term.
AMERICAN LIFE INSURANCE
Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term.
ALICO CRITICAL ILLNESS COVER
Helps ease financial worries if you are diagnosed with a critical illness as specified by American Life Insurance Company.
WHOLE OF LIFE INSURANCE COVER
A whole of life policy that will always payout whenever death may occur.
ALICO ENDOWMENT POLICY
Offering protection if the policy holder dies or is diagnosed with a critical or terminal illness during the mortgage plan term; Designed to provide a lump sum at the end to be used usually toward repayment of an endowment interest only mortgage loan.
Article on: Alico American Life Insurance Company ~ for more information visit www.reassure.co.uk *
( * Note: You are now leaving the regulated site of Uk Life Insurance Quotes. Neither ourselves, nor Sesame Ltd, is responsible for the accuracy of the information contained within the linked site.)
FOR PROTECTION PRODUCTS WE USUALLY OFFER FROM A LIMITED PANEL OF PROVIDERS
ALICO Life Insurance