AIG Life has been selected as the sole protection partner for customers of Royal Bank of Scotland, NatWest and Ulster Bank. The partnership is designed to provide a range of "simplified" protection products, including life, critical illness and a guaranteed whole of life plan aimed at the over-60s.
The partnership represents a significant win for AIG Life, which only announced its first significant affinity partnership in May 2016, when it secured a deal with the general insurer NFU Mutual (see our post dated 10 May 2016 for details).
It also marks a significant loss for Aviva, which has worked with RBS since at least 2010. Aviva does however, retain protection partnerships with Barclays and Santander banks.
The RBS Group continues to work with UK Insurance for home insurance, but ceased offering car insurance in January 2017, other than for its "Private Banking" customers.
It also marks a significant loss for Aviva, which has worked with RBS since at least 2010. Aviva does however, retain protection partnerships with Barclays and Santander banks.
The RBS Group continues to work with UK Insurance for home insurance, but ceased offering car insurance in January 2017, other than for its "Private Banking" customers.
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