Life Insurance

Protection for you

Peace of mind for you and your family

AIG - October 2018

Life Insurance that's right for you

We all want to look after the people that are most precious to us in case the worst happens or we're no longer able to provide for them. That's why we now offer Life Insurance and Critical 3 with Life Insurance, provided by AIG Life Limited (AIG).

At Skipton Building Society, we are passionate about helping people feel like they are in a good place with their finances. That's why we have teamed up with AIG, which is the UK Life Insurance division of American International Group, Inc. – a leading global insurance organisation with 100 years of experience. They have a dedicated UK-based claims team ready to help whenever you need them.

Latest information and updates for both new and existing customers taking out life insurance policies amid the coronavirus pandemic can be found on the Coronavirus updates page on AIG's website.

Before you start your quote, please read our Terms of Business

Start your quote

Life insurance made simple

Two levels of insurance

Choose either Life Insurance or Critical 3 with Life Insurance

Single and joint insurance

Protection available for you, or you and your partner

Insurance you can rely on

AIG paid out on 99% of Life Insurance claims in 2018

Life Insurance

While it's something no-one likes to think about, taking out Life Insurance could help to put your mind at rest. Features of our Life Insurance include:

  • Pays a single cash lump sum on diagnosis of a terminal illness or death
  • You choose the amount and length of insurance to suit your needs
  • Available from the ages of 17 to 86
  • Single or joint insurance available
  • Unlimited access to a 24/7 virtual GP as well as a range of other health and wellbeing experts through the Smart Health App.

For joint insurance the policy will pay out if one of you dies or is diagnosed with a terminal illness before your insurance ends. Once we've made a payment your insurance will end.

Critical 3 with Life Insurance

Critical 3 with Life Insurance covers you against the 3 most common critical illnesses:

  • Cancer
  • Heart attack
  • Stroke

Conditions must be of a specified severity. A full definition of these conditions is explained in the insurance details document.

It's been estimated that 4 in 5 people who have been diagnosed with a critical illness are £570 a month worse off, because of that diagnosis.

(Source: Macmillan Cancer Support: Cancer's Hidden Price Tag, 2012).

1 in 2 people in Britain born since 1960 are forecast to be diagnosed with cancer at some point

British Journal of Cancer vol. 112, 2015

Why take our Critical 3 with Life Insurance?

  • Pays a single cash lump sum on diagnosis of a critical illness, terminal illness or death
  • A single lump sum to spend on whatever you need it for
  • A choice of the amount and length of insurance you would like to suit your needs
  • Available from the ages of 17 to 75
  • Single or joint insurance available

For joint insurance the policy will pay out if one of you dies or is diagnosed with a terminal illness, cancer, heart attack or stroke before your insurance ends. Both types of insurance only protect you against events that happen while you're insured. If something happens outside that time you won't be insured.

Get your quote

Before you start your quote, please read our Terms of Business

Apply online

Learn more about the type of insurance that is right for you and apply online

Start your quote

Call AIG

Lines open 8:00am-7:00pm Monday - Friday and 10:00am-3:30pm on Saturdays, except on bank holidays

0330 390 0522

Typically life insurance plans have no cash in value, and if you stop paying premiums, cover ceases. Critical illness plans may not cover all the definitions of a critical illness. The definitions will be described in the key features and policy document if you go ahead with a plan.

Skipton Building Society acts as an intermediary for the purposes of introducing its customers to AIG Life Limited in connection with Life Insurance and Critical 3 with Life Insurance, both of which are administered and underwritten by AIG Life Limited, registration number 473752. AIG is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England and Wales number 6367921. Registered address: The AIG Building, 58 Fenchurch Street, London EC3M 4AB

*To help maintain service and quality, some telephone calls may be recorded and monitored.

Site intended for UK residents only. Skipton Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under registration number 153706, for accepting deposits, advising on and arranging mortgages and providing Restricted financial advice. Principal Office, The Bailey, Skipton, North Yorkshire, BD23 1DN.

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