Definition: Aig Life Insurance: In the context of health care, a "life insurance" is typically used to refer to a policy that provides protection against future medical expenses or long-term health care costs associated with illness or injury, provided that the insured remains healthy for a specified period after death. The term "aig life insurance" refers to a type of policy that is designed specifically for individuals who have a history of poor health or chronic conditions. A person may be eligible for a life insurance policy if they have previously experienced serious health problems such as heart disease, stroke, cancer, or other major medical issues. The coverage provided by an aig life insurance policy typically includes long-term care benefits and financial compensation to the beneficiary upon their death. The policies often specify certain conditions that must be met before receiving any payments from the insurer. In summary, "aig life insurance" refers to a type of health care insurance that provides protection against future medical expenses or long-term health care costs associated with illness or injury for individuals who have experienced severe health problems in the past.