Nuts & Bolts: AIG Private Client Group, a division of the property/casualty insurance subsidiaries of American International Group Inc. (AIG), introduced yacht insurance for high net worth individuals. The yacht offering provides customized coverage selections, including flexible deductible options. Additional product features include the capability to provide worldwide property and liability coverage; large limit coverage capacity; and access to AIG Private Client Group’s concierge level claim services.
Dollars: No policy limit. Deductibles range from 1/2 to 5 percent.
Carrier: Rated “AAA.”
States Available: All.
Contact: Andrew Silver, (212) 770-3141
Topics AIG
Was this article valuable?
Here are more articles you may enjoy.
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk 
MMA Alleges Broker Patriot Poached 11 Surety Team Members 
Roof Costs Soar Even as Claims Decline: Verisk From This Issue
