Foreign Liability Insurance
Foreign Commercial General Liability Insurance (CGL)
CGL coverage provides protection against financial loss stemming from third-party lawsuits, including product liability claims, brought against the insured in the United States or abroad as a result of its overseas business activities. Third-party lawsuits can arise from a myriad of sources, including customers/clients, suppliers, shareholders/investors, government agencies and competitors.
CGL pays damages and legal expenses associated with covered claims involving actual or alleged:
- Bodily Injury;
- Property Damage;
- Product Liability;
- Contractual Liability;
- Personal Injury;
- Advertising Injury; or
- Other commercial risks as indicated in the policy.
Working through AIG's global network of offices in approximately 130 countries and jurisdictions, we have the ability to issue locally admitted insurance policies in virtually every region of the world.
Foreign Commercial Automobile Liability Insurance
The policy insures in excess of the compulsory coverage required for any particular country. Coverage is provided on a "Difference in Conditions" (DIC) basis for owned, hired, non-owned and leased automobiles overseas. Locally admitted policies are also available.
The descriptions herein are summaries only, and do not include all term, conditions and exclusions. Please refer to the actual policies and endorsements for complete details of coverage. Coverages are underwritten by member insurance companies of American International Group, Inc. Coverage may not be available in all jurisdictions.