AIA Announces Policy Conservation Programme

In a move to address policyholders who may wish to reinstate their policies which they had surrendered as a result of recent developments at American International Group, Inc. (AIG), AIA today announced a policy conservation programme.

The programme applies to whole life and endowment policies and gives policyholders who have surrendered their policies during the week of 15 - 19 September 2008 the option to reinstate their policies without penalties and submission of evidence of insurability. Written requests for reinstatements from policyholders must be received by AIA within 14 days from the date of
surrender.