Corebridge Financial Life Insurance & Protection UK
Explained by an independent adviser
Corebridge Financial Life Insurance & Protection UK
Corebridge Financial is the new name for AIG Life UK, following a rebrand completed in 2023. They continue to offer life insurance, critical illness cover and income protection to UK families exclusively through independent financial advisers — including their market-leading Smart Health added-value service.
Written by Ben Tomlin, Financial Adviser · FCA No. 1038034 · Last reviewed June 2026
▶ In plain English — AIG Life is now Corebridge Financial
If you’ve heard of AIG Life UK, that’s now Corebridge Financial. The rebrand happened in 2023 as part of AIG’s global restructuring. The business, the products, and the team are the same — only the name has changed. They remain an adviser-only provider, meaning you can only access their products through an independent financial adviser like That’s Family Finance.
As an independent firm, we’re not tied to Corebridge Financial. If they’re the best option for your circumstances, we’ll tell you. If another provider offers better definitions, pricing or terms, we’ll tell you that too.
On this page
Corebridge Financial UK protection products
Corebridge Financial offer a focused range of individual protection products in the UK, available exclusively through independent financial advisers. They do not sell direct to consumers.
Product 1
Life Insurance
Level or decreasing term life insurance, paying a lump sum on death within the policy term. Suitable for family protection, mortgage cover, or leaving a financial legacy. Available on a single or joint life basis with flexible term and sum assured options.
Product 2
Critical Illness Cover
Pays a tax-free lump sum on diagnosis of a covered critical illness. Available standalone or combined with life insurance. Includes children’s critical illness cover. Smart Health added-value service included as standard.
Product 3
Income Protection
Replaces a proportion of your income if you’re unable to work due to illness or injury. Flexible deferred period options to suit different budgets and employment situations, with Smart Health included.
Formerly
AIG Life UK
Rebranded
2023
Distribution
Adviser-only
Added benefits
Smart Health
Children’s CI
Included
Corebridge Financial Critical Illness Cover
Critical illness cover pays a tax-free lump sum if you’re diagnosed with a covered condition during the policy term. The quality of a CI policy depends on the breadth and precision of its condition definitions — which is why independent comparison matters.
Lump sum on diagnosis
Corebridge Financial critical illness cover pays a tax-free lump sum on diagnosis of a covered condition. The money is yours to use however you choose — to pay off a mortgage, cover medical costs, adapt your home, or replace lost income during recovery.
Children’s critical illness cover included
Corebridge Financial include children’s critical illness cover as standard, providing a payment if a covered child is diagnosed with a qualifying condition — helping families manage the financial impact of a child’s serious illness.
Standalone or combined with life insurance
Available as a standalone policy or combined with life insurance. A combined policy pays out on whichever occurs first — death or a qualifying critical illness diagnosis.
Waiver of premium option
Waiver of premium is available as an optional add-on, meaning your premiums are covered if you are unable to work due to illness or injury — keeping your policy in force when you need it most.
Why definitions matter — and why we compare
Not all critical illness policies are equal. As independent advisers, we compare Corebridge Financial’s definitions against the full market — including Guardian, Royal London and Scottish Widows — to find the policy that gives you the best real-world protection for your circumstances.
Smart Health — added-value benefits
Smart Health is Corebridge Financial’s added-value wellbeing service, included at no extra cost with their protection policies. It gives policyholders and their families access to a range of health and wellbeing services — without needing to make a claim.
24/7 GP service
Access to a 24-hour GP video or telephone consultation service, available to the policyholder and their family. Speak to a qualified doctor at any time without waiting for an NHS appointment.
Mental health support
Access to mental health support including structured counselling sessions and the ability to speak to a mental health professional. Designed to help policyholders address concerns early.
Second medical opinion
Access to a second medical opinion from a specialist consultant — particularly valuable following a serious diagnosis, allowing policyholders to seek an expert review of their diagnosis or treatment plan.
Nutritional advice
Access to personalised nutritional advice from qualified nutritionists, helping policyholders make informed dietary choices to support their health and wellbeing.
Fitness support
Access to personalised fitness programmes and support from qualified fitness professionals, helping policyholders maintain an active and healthy lifestyle.
AIG Life UK is now Corebridge Financial
AIG Life UK was one of the most well-known protection providers in the UK adviser market, with a strong reputation for competitive critical illness definitions and their Smart Health added-value service. In 2023, AIG completed a global restructuring that saw their life and retirement businesses separated from the wider AIG group under the new Corebridge Financial brand.
The rebrand does not affect existing policyholders — all existing AIG Life UK policies continue on the same terms. New policies are now written under the Corebridge Financial name. The products, underwriting approach, and Smart Health service remain the same.
If you have an existing AIG Life UK policy and have questions about how the rebrand affects you, your policy documents and terms remain unchanged. We are happy to review your existing cover as part of a whole-of-market advice process.
AIG Life UK
Previous brand name
2023
Year of rebrand
Same products
Policies unchanged
Why use an independent adviser for Corebridge Financial?
Corebridge Financial products are only available through independent financial advisers — they do not sell direct to consumers. An independent, whole-of-market adviser like That’s Family Finance can compare Corebridge Financial against every other major UK protection provider — including Guardian, Royal London, Legal & General, Aviva, Zurich, Vitality and LV= — and recommend the policy that genuinely suits your circumstances.
Our advice is independent, FCA-regulated, and free of charge at the point of advice. We are paid by commission from the insurer if you proceed — which we will always disclose clearly.
You might also find this useful
Other protection providers we advise on.
Guardian Critical Illness Cover Explained
Adviser-only pure protection with some of the most comprehensive CI definitions in the UK market.
Royal London Helping Hand Explained
Free wellbeing and recovery support included with all advised Royal London protection plans.
Scottish Widows Protection Explained
Life insurance, critical illness and income protection from one of the UK’s oldest insurers.
MetLife Life Insurance Explained
Global financial strength with individual and group protection products in the UK.
Get Independent Protection Advice
Not sure which provider is right for you? Send us an enquiry for an honest, whole-of-market view.
Independent advice, available across the UK
That’s Family Finance provides independent protection advice to families and individuals across England, Scotland, Wales and Northern Ireland. Whether you’re in London, Manchester, Birmingham, Leeds, Bristol, Sheffield, Edinburgh, Cardiff, Glasgow, Essex or anywhere in between, we work with you remotely or in person to find the right cover for your circumstances.
We advise on Corebridge Financial alongside all other major protection providers including Guardian, Royal London, Legal & General, Aviva, Zurich, Vitality and LV=.
We are not Corebridge Financial. That’s Family Finance is an independent, FCA-regulated firm (No. 1038034).
Want to know if Corebridge Financial is right for you?
We’re independent and whole-of-market. Send us an enquiry or reach us on WhatsApp for an honest, no-obligation view.
FCA regulated · No obligation · Not tied to Corebridge Financial
Common questions
Questions we’re asked about Corebridge Financial protection.
What is Corebridge Financial?
Corebridge Financial is the new name for AIG Life UK. The rebrand was completed in 2023. They continue to offer life insurance, critical illness cover and income protection to UK individuals through independent financial advisers.
Is AIG Life still available in the UK?
AIG Life UK rebranded to Corebridge Financial in 2023. The business continues to operate and write new protection policies in the UK under the Corebridge Financial name.
What protection products does Corebridge Financial offer?
Corebridge Financial offers life insurance, critical illness cover and income protection to UK individuals through independent financial advisers, with Smart Health included as standard.
What is Smart Health?
Smart Health is Corebridge Financial’s added-value wellbeing service, giving policyholders and their families access to a 24/7 GP service, mental health support, a second medical opinion service, nutritional advice, and fitness support — at no extra cost.
Can I get Corebridge Financial protection through an independent adviser?
Yes — and it’s the only way to access their products. Corebridge Financial are adviser-only and do not sell direct to consumers.
How do Corebridge Financial CI definitions compare to other providers?
Corebridge Financial have historically offered competitive critical illness definitions. As independent advisers, we compare their definitions against the full market to find the best fit for your circumstances.
Smart Health services are provided by third parties and are not part of the core insurance contract. They may be amended or withdrawn by Corebridge Financial at any time. Always refer to Corebridge Financial’s own policy documentation for the most current details, including the full list of covered conditions, definitions, and exclusions.
We are not Corebridge Financial. That’s Family Finance is an independent, FCA-regulated firm (No. 1038034). This page contains information about Corebridge Financial’s protection products based on their published materials at the time of writing. Always refer to Corebridge Financial’s own documentation for the most current details.