|AIG COMPANIES® ANNOUNCE CHANGES TO CRISIS MANAGEMENT COVERAGES|
NEW YORK, Jul 16, 2007 -- The AIG Companies® today announced its crisis management coverages, including CrisisResponse(R) for Excess Casualty, PublicResponse(SM) and Accident Site Advisor(SM), have been revised where umbrella and excess casualty policies offered by AIG Excess Casualty(R) and AIG Specialty Excess(R), now provide up to a $250,000 limit outside the policy limits to cover costs for temporary housing, travel, counseling, medical and funeral expenses. Additionally, insureds are allotted $50,000 outside of the policy limit to retain assistance from an approved crisis management firm.
"We enhanced the current coverage to provide this additional financial resource outside the umbrella limit to help our clients minimize the impact of a crisis," said Tim McAuliffe, President, AIG Excess Casualty.
In addition to providing first-dollar coverage, the crisis management coverages afford immediate access to the AIG Companies' claim specialists to assist in the management of a crisis situation, once a claim is reported.
For further information on CrisisResponse, please contact firstname.lastname@example.org or visit www.aigexcesscasualty.com. For further information on PublicResponse or Accident Site Advisor, please contact email@example.com or visit www.aigspecialtyexcess.com.
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
*Insurance is underwritten by member companies of American International Group, Inc., and is subject to underwriting review and approval. The description herein is a summary only. It does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for complete details of coverage and exclusions. Coverage may not be available in all jurisdictions. Non-insurance products may be provided through independent third parties.