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
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