Comprehensive policy for movable assets
Marine business has become global. It attracts trade from diverse countries. As globalization gets broader, risks like theft and damage to goods become more plausible. Customers even expect shorter manufacturing and distribution lead times, and business reputations and relationships are at risk if companies fail to deliver. Confidence in prompt, reliable delivery is a commercial necessity.
At AIG, we combine local expertise and knowledge with the quality and responsiveness of our international network, to ensure the best possible solution for our customers’ assets and their business reputation.
Marine Loss ControlEngineering (MLCE) endeavors to avoid losses by analyzing potential exposures and presenting tailored recommendations to minimize them. It strives to ensure open lines of communication, to act as a “knowledge center,” and exchange essential information that will assist the client in carrying out loss prevention initiatives during the policy period.
Resolve claims in any country, currency, or language through our worldwide network of claims experts. Seamless transfer of claims servicing tailor fitted to your needs and necessities. Claims payments to location of your choice.
Our local and regional recovery specialists focus on achieving maximum recovery on every claim, reducing the impact of the loss for our customers and helping to keep premiums down.
From goods in transit to the vital support services for the marine industry, we offer tailored solutions to cater to each customer’s unique needs.
Contractor's Equipment covers direct physical loss to covered property (listed on the schedule or unscheduled but for an amount that will not exceed the limits shown on the declarations) whilst in transit, in store and in use. It provides comprehensive coverage for wide range of movable equipment’s type, occupation, and geographical area.
These are optional enhancements:
(All are sublimited per any one occurrence and in the annual aggregate)
Other optional cover:
When you buy insurance from AIG, you can have confidence that we stand ready to help you recover quickly when the unexpected happens. The claims operation that underpins every AIG policy is one of our greatest strengths, with a strong local claims team backed by our global network of expertise to support you when you face a loss.
For claims associated with Contractors Equipment, please reach out to your insurance broker to assist you. You may also contact us at:
Phone: +63 2 878 5460