Skipton Building Society has appointed AIG Life Limited to provide life and critical illness insurance products to its customers.
Under the arrangement, AIG’s life and critical illness products will be available to Skipton mortgage customers and Skipton’s one million existing customers.
Maitham Mohsin, Skipton’s head of savings and partnerships, said: “Life and critical illness insurance is a form of comfort that we should all have but hope to never need.
“So, we’ve tried to make this as easy and effortless as possible for our customers, by partnering with AIG.
“AIG’s human approach and empathy towards their customers is why they also have one million customers and why we want to work with them.
“They understand that customers like flexibility and want buying insurance to be as easy as possible when they realise how important it is to have. We’re looking forward to working with AIG and showing families the peace of mind that having life and critical illness insurance can bring.”
Nicola Dryden, partnerships director at AIG Life, said: “We’re very proud to be working with Skipton Building Society.
“Their strong relationship with local communities and with their customers means, like us, they care about being there for people when life takes a turn for the worse, and know how important it is to encourage families to have financial support in place.”
The mutual selected AIG because its flexible application process suits their customers’ busy lives. Customers can choose to begin the easy-to-apply-for insurance in branch or over the phone, then complete it online at a time better suited to them.
The application process is quick and simple, taking just seven minutes with most customers being asked just 11 questions. The majority of customers will be able to purchase the insurance immediately and without the need for medical evidence.