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US insurance giant ditches funeral policies in SA

Summary by Ground News
Clients of AIG Life South Africa have been informed that their funeral policies will be terminated with effect from midnight on 31 January 2024. Clients have also been advised to seek alternative cover in the meantime. "After careful consideration and strategic evaluation, we have taken the decision to stop offering our AIG Funeral Product," the group told clients.

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News24 broke the news in South Africa on Tuesday, October 24, 2023.
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