ALICO American Life Insurance Company


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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.

Looking to compare old Alico Insurance products in 2019  


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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.


Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term.


Helps ease financial worries if you are diagnosed with a critical illness as specified by American Life Insurance Company.


A whole of life policy that will always payout whenever death may occur.


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.

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For products with an investment element we will introduce you to an authorised adviser

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This website is intended for UK consumers & any information contained therein is for Generic Guidance only and is not to be construed as advice. 
For protection we offer products based on a fair and personal analysis.

By completing one of our no obligation quotation request forms, you may be provided with comparison protection quotes, key facts from leading Providers - based just on the basic information you have provided. Note: These quotes will not take account of any personal, health or lifestyle issues unless a full application is completed. You also consent for us to then kindly contact you by phone - where we may offer Professional Broker help & guidance if needed. We may as appropriate then help to arrange a suitable protection policy based upon your own circumstances & needs after a further review by "advice & recommendation". This will usually be on a non face to face basis.

 For products with an investment element we will introduce you to an authorised adviser. We act as introducers for Accident, Sickness and Unemployment and Mortgage Payment Protection Insurance plans. We may also introduce you to other selected professional partners for other protection or legal products as deemed appropriate. Online Dispute Resolution (ODR) - Financial Ombudsman. We nominate to fundraise for Great Ormond Street Hospital Charity.

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