Real Estate Package Product

AIG is a major player in the Real Estate Insurance Market. As such, we are continually reviewing our portfolio of products to see if there are areas that we can expand into to provide more options and opportunities for our customers. We have developed a multi-line, guaranteed cost, admitted product that can include property, crime, inland marine, primary and excess liability and automobile coverages aimed at middle market accounts. Our product focus includes: Office buildings, Suburban office parks, Open air shopping centers – Lessors Risk, Limited Habitation exposure ( up to 25%).

 

This is a flexible ISO based package with the availability of the Property One form for custom property coverages, examples:
• Property Limits up to $25m per location (higher limits available upon request)
• Crime Coverage - $50,000 (form A)
• Guaranteed Cost GL $1m limits/$2m aggregate
• Auto Coverage - $1m CSL
• Umbrella Limits - $10m
• Workers Compensation Coverage (some state exceptions)
• Environmental Coverages (available upon request, monoline at this stage)
• Valuable Papers and Records coverage up to $100,000
• Off Premises Utility Failure
• Newly Acquired Premises - $500,000
• Limited coverage for Fungus, Wet, Dry Rot and Bacteria - $15,000
• Equipment Breakdown

Features and Benefits Back To Top
  • The AIG Companies' paper satisfies loan requirements
  • Strong coverage form with flexibility for individual risks
  • Admitted Paper
  • First Dollar Coverage
  • The AIG Companies commitment to Real Estate business including supporting services including investments and partnership opportunities
 
Marketing Materials Back To Top

Brokers interested in AIG Companies' products can find out more by clicking the highlight sheets below:

Lexington Property Insurance (.pdf)
An overview of the benefits and features of the Lexington Insurance Company's Property insurance.

Lexington Casualty Insurance (.pdf)
An overview of the benefits and features of the Lexington Insurance Company's Casualty insurance.

Real Estate Solutions (.pdf)
An overview of the benefits and features of the AIG Real Estate Solutions program.

Superior Claims handling provided by York Claims Service
- Centralized intake of all new claims
- Transmittal of all new claims to appropriate York office, (nationwide coverage):

York Claims Services Inc.
Jenai Russell
Program Client # 2195
99 Cherry Hill Road Suite 102
Parsippany, NJ 07054
Tel: 866-391-9675
Fax:877-927-8439
e-mail: yorkclaimsintake@york-claims.com