The decision to donate an organ to a family member is never going to be about money, but a bit of financial support while you recover will always be welcome.

Aegon has become the first UK insurance provider to offer exactly that as part of a critical illness policy.

Following a number of changes to Aegon’s critical illness protection cover, living donors will be able to claim £2,500 if they donate a kidney, bone marrow or a portion of lung or liver to a family member.

The payment is designed to help donors through the operation and recovery involved in donating an organ.

Living organ donors can experience a similar recovery period and physical as well as financial struggle as the person receiving the transplant

Dougy Grant, protection director, Aegon UK
Atom 144 lives here

Dougy Grant, protection director at Aegon UK, said: “Aegon is really excited about the introduction of donor cover to our critical illness proposition. 

“For years we’ve provided our customers with critical cover for major organ transplants. But it’s important to recognise that living organ donors can experience a similar recovery period and physical as well as financial struggle as the person receiving the transplant. 

“Giving an organ to a family member is a major decision and people will not be motivated by the money, but extending the coverage means donors will now benefit from some financial support to help them through their recovery after the operation.” 

Aegon will now pay out to policyholders diagnosed with borderline ovarian tumours that require surgery to remove an ovary, eye stroke resulting in permanent sight loss and three additional types of cancer, as well as to organ donors.

The insurer has also increased the age when its life protection cover ends from 85 to 90 and made changes to its income protection charges. 

Mr Grant said: “The ultimate aim of any protection product is to reduce financial worry for policyholders and their loved ones or businesses. Several of these enhancements have been made with this in mind. 

“In recognition of the increasing likelihood of people getting cancer and living with it for longer, seven of the 60 definitions are now cancer related. We hope this will help people focus on beating the illness free of financial worry.

“Collectively the changes to critical illness, life and income protection put us in a better position to help our customers and pay more claims.”