AIG Introduces

Environmental Emergency Response Costs Coverage for Construction General Liability Policies A Broad Coverage Enhancement That Helps Contractors Manage the Expense of Unexpected Pollution Incidents

Contractors of all types and sizes are increasingly vulnerable to environmental hazards Whether itrsquos an accident on the job site or during transportation a sudden spill fre or explosion may require swift environmental clean-up which can be complicated and costly The risks and exposures that our Traditional commercial general liability policies contain very restrictive middle market construction clients or complete exclusions for pollution and are often ill-equipped to have to control are constantly respond to these environmental emergencies

evolving By leveraging AIGrsquos Now an AIG insurer offers the Environmental Emergency Response technical expertise across Costs Coverage enhancement to assist contractors with emergency response clean-up costs associated with a pollution condition event construction and environmental This convenient enhancement helps construction clients fll the gaps disciplines wersquore able to offer in their casualty programs with valuable environmental coverage a fexible coverage option that When claims arise clients are backed by AIGrsquos industry-leading environmental claims group brokers and clients can easily

add to general liability policies

Product Features The Environmental Emergency Response Costs Coverage enhancement covers expenses incurred in connection with the remediation of soil surface water groundwater or other contamination as a result of pollution conditions that require immediate action

bull Broad easily triggered coverage not typically available with casualty programs

bull Emergency response costs include legal fees consented to by AIG claims

bull Separate limit options of up to $500000 available outside of the general liability aggregate

Coverage Details The Environmental Emergency Response enhancement is currently available with construction general liability policies from AIGrsquos surplus lines insurer Lexington Insurance Minimum premium of $2500 is required Policy retentions apply Coverage is for response costs incurred within 36 hours of the commencement of the pollution condition event

For more information about construction liability or the Environmental Emergency Response Costs Coverage enhancement contact

Kevin Woo Construction Liability (T) 617-443-4696 kevinwooaigcom

George Holderied Environmental (T) 212-458-6275 georgeholderiedaigcom

With the Environmental Emergency Response Costs Coverage construction clients get direct access to a dedicated team of environmental claims professionals

AIGrsquos pollution claims unit is the industryrsquos largest dedicated to handling all types of pollution claims from small spills to complex toxic tort litigation Our extensive in-house staff has diverse backgrounds in geology engineering environmental science and legal disciplines enabling us to devote the right expertise to every aspect of an environmental emergency claim

Possible Claims Scenarios

1 While performing operations at a job site a forklift accidently collides with an above ground fuel storage tank causing a release

2 While transporting liquid asphalt to a job site the truck tips over and releases the liquid asphalt onto the highway and into an adjacent creek

3 While performing operations at a job site a backhoe ruptures an underground chemical product transfer line causing the release of a hazardous chemical

In each claim example environmental emergency response costs incurred within 36 hours are covered subject to the policyrsquos terms and conditions

American International Group Inc (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions AIG companies serve commercial institutional and individual customers through one of the most extensive worldwide property-casualty networks of any insurer In addition AIG companies are leading providers of life insurance and retirement services in the United States AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange

Additional information about AIG can be found at wwwaigcom | YouTube wwwyoutubecomaig | Twitter AIGInsurance | LinkedIn httpwwwlinkedincomcompanyaig

AIG is the marketing name for the worldwide property-casualty life and retirement and general insurance operations of American International Group Inc For additional information please visit our website at wwwaigcom All products and services are written or provided by subsidiaries or affliates of American International Group Inc Products or services may not be available in all countries and coverage is subject to actual policy language Non-insurance products and services may be provided by independent third parties Certain property-casualty coverages may be provided by a surplus lines insurer Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds

copy 2014 American International Group Inc All rights reserved 1114

Product Features The Environmental Emergency Response Costs Coverage enhancement covers expenses incurred in connection with the remediation of soil surface water groundwater or other contamination as a result of pollution conditions that require immediate action

bull Broad easily triggered coverage not typically available with casualty programs

bull Emergency response costs include legal fees consented to by AIG claims

bull Separate limit options of up to $500000 available outside of the general liability aggregate

Coverage Details The Environmental Emergency Response enhancement is currently available with construction general liability policies from AIGrsquos surplus lines insurer Lexington Insurance Minimum premium of $2500 is required Policy retentions apply Coverage is for response costs incurred within 36 hours of the commencement of the pollution condition event

For more information about construction liability or the Environmental Emergency Response Costs Coverage enhancement contact

Kevin Woo Construction Liability (T) 617-443-4696 kevinwooaigcom

George Holderied Environmental (T) 212-458-6275 georgeholderiedaigcom

With the Environmental Emergency Response Costs Coverage construction clients get direct access to a dedicated team of environmental claims professionals

AIGrsquos pollution claims unit is the industryrsquos largest dedicated to handling all types of pollution claims from small spills to complex toxic tort litigation Our extensive in-house staff has diverse backgrounds in geology engineering environmental science and legal disciplines enabling us to devote the right expertise to every aspect of an environmental emergency claim

Possible Claims Scenarios

1 While performing operations at a job site a forklift accidently collides with an above ground fuel storage tank causing a release

2 While transporting liquid asphalt to a job site the truck tips over and releases the liquid asphalt onto the highway and into an adjacent creek

3 While performing operations at a job site a backhoe ruptures an underground chemical product transfer line causing the release of a hazardous chemical

In each claim example environmental emergency response costs incurred within 36 hours are covered subject to the policyrsquos terms and conditions

American International Group Inc (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions AIG companies serve commercial institutional and individual customers through one of the most extensive worldwide property-casualty networks of any insurer In addition AIG companies are leading providers of life insurance and retirement services in the United States AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange

Additional information about AIG can be found at wwwaigcom | YouTube wwwyoutubecomaig | Twitter AIGInsurance | LinkedIn httpwwwlinkedincomcompanyaig

AIG is the marketing name for the worldwide property-casualty life and retirement and general insurance operations of American International Group Inc For additional information please visit our website at wwwaigcom All products and services are written or provided by subsidiaries or affliates of American International Group Inc Products or services may not be available in all countries and coverage is subject to actual policy language Non-insurance products and services may be provided by independent third parties Certain property-casualty coverages may be provided by a surplus lines insurer Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds

copy 2014 American International Group Inc All rights reserved 1114