AIG yacht product hopes to eliminate gaps in EL cover
AIG's Private Client Group has announced the launch of its new yacht product for the high net worth market. The insurer said it is the first of its kind to automatically offer employers’ liability coverage for all crew members, helping to eliminate any potential gaps in cover.
The yacht policy covers the hull, contents and liability of any private yacht, and additional cover is available for crew medical expenses, and crew personal accident. By insuring all contents, both
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