Nuts & Bolts: AIG Private Client Group announced the introduction of yacht insurance for high net-worth individuals. AIG Private Client Group’s 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 states.
Contact: Andrew Silver, (212) 770-3141.
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