Who is AIG Life ?

American International Assurance Company (Aust) Limited trading as AIG Life has a credit rating of AA+ from Standard and Poor's the highest rating of any Australian life insurer

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Mortgage Protection Insurance Policy

What is a Mortgage Protection Insurance Policy?

AIG Life have designed a Mortgage Protection Insurance Policy to provide a simple form of cover for your mortgage obligations. It is an insurance product which combines income protection and life insurance in one package. Cover is provided for mortgages on residential property owned by individuals as their primary home or as an investment property.

A Mortgage Protection Insurance Policy protects you and your family, unlike Lender Mortgage Insurance which protects the lender against your default.

Why should I have a Mortgage Protection Insurance Policy?

A mortgage is a major financial commitment for most individuals and families.

Covering your mortgage payments in the event of accident or sickness or ensuring repayment of the mortgage in the event of your death may be a priority for you or may be the only insurance you can afford.