| Commercial Products: | |
| - Marinas | |
| - Boat Dealers | |
| - Yacht Clubs | |
| - Boat Builders | |
| - Charter Boats | |
| Personal Products: | |
| - Boats | |
| - Yachts | |
| - Mega Yachts |
| AIG Executive Mega Yacht Insurance Program |
| AIG's Executive Mega-Yacht Insurance Policy is designed and written exclusively for the requirements of Mega-Yachts, and the demand of their owners. This new mega yacht insurance program as an addition to our already successful and popular yacht and boat insurance programs, rounds out AIG as a committed marine insurance carrier. |
| Listed below are some advantages of the AIG Executive Mega-Yacht insurance policy: |
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Mechanical Breakdown Losses due to machinery and mechanical breakdown are covered. |
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Electronics and Navigational Equipment A separate $500 deductible applies to navigational electronics. |
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Held Covered Clause Insurance coverage will still remain in effect if the Mega-Yacht unintentionally navigates out side its designated navigation area. |
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Crew Coverage Your liability insurance to the captain and crew is covered. |
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Personal Liability Coverage Personal liability insurance coverage for captain and his family if they reside aboard the vessel. |
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All Risk Policy Broad all risk coverage with few exclusions. |
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Other Vessel Coverage Your mega yacht insurance coverage will follow you while you operate another Yacht that you do not own or charter. |
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Fine Arts Coverage Comprehensive coverage for fine arts is included. |
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Pollution Coverage Oil and fuel spill liability insurance is included. |
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Extended Navigation Limits Navigation limits can now include entire Atlantic Ocean, Mediterranean Sea, extended Pacific, and world wide. |
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Coverage Enhancements The following endorsements will be added to the Mega Yacht Insurance Policy to further broaden the coverage: Standard Endorsements for every Mega Yacht Insurance Policy Charter/Exhibition/Demonstration Coverage: Insurance coverage included for part-time Charter exposure, as well as when the vessel is displayed in a show and/or held for sale. Additional Mega Yacht Insurance coverages available:
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