- Interest payable following a loss (up to 25% of the limit of liability)
- Erroneous transfer of funds (sub-limit of GBP 1 million)
- Covers legal liability for stockbroker?s inability to complete a transaction due to fraud, loss of documentation, or being deceived as to the identity of a person (sub-limit of GBP 1 million)
- Stop payment order liability
- Cash letter coverage and the associated expenses in reconstructing cancelled items
- Costs of verifying, reconstituting or removing computer programs which have given rise to a payment under the policy
- Legal fees for defence of a claim arising out of a covered loss
- Bilateral discovery period offered as standard if the policy is not renewed
- Accident and Health
- AIG Combined
- Aviation
- Crime
- Crisis Management
- Directors and Officers
- Energy
- Environmental
- Financial Institutions
- Fleet Protector
- Kidnap, Ransom and Extortion
- Liabilities
- Lifeline Plus
- Major Accounts Practice
- Marine
- Mergers and Acquisitions
- Political Risk
- Professional Liability
- Property
- Risk Finance
- Risk Management
- Small Business
- Surety
- Trade Credit
Businesses
Insurance
Crime
- Accident and Health
- AIG Combined
- Aviation
- Crime
- Crisis Management
- Directors and Officers
- Energy
- Environmental
- Financial Institutions
- Fleet Protector
- Kidnap, Ransom and Extortion
- Liabilities
- Lifeline Plus
- Major Accounts Practice
- Marine
- Mergers and Acquisitions
- Political Risk
- Professional Liability
- Property
- Risk Finance
- Risk Management
- Small Business
- Surety
- Trade Credit
The AIG Building
-
58 Fenchurch Street
London EC3M 4AB
United Kingdom -
Tel: +44 (0)20 7954 7000
Fax: +44 (0)20 7954 7001 - Email: marketing.uk@aig.com
- Go to AIG UK Limited
CorporateGuard Comprehensive Crime Insurance (Financial Institutions)
Overview: For financial institutions; Covers employee fraud and dishonesty plus protection against third party fraud, including premises and transit, documentary fraud and computer and funds transfer fraud.
Who is it for?: All financial institutions including banks, building societies, investment management companies, insurance companies and stock brokers.
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Cover
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- Wrongful acts of employees include dishonest, fraudulent and malicious acts
- Premises and transit cover on an all risks basis, including ATMs, safe deposit boxes and loss of subscription, redemption, conversion or deposit privileges
- Damage to office premises and contents due to malicious mischief
- Fraud cover for documents of value, securities, instructions, advices, faxes, currency and corporate card applications
- Fraud cover includes mortgage fraud, insurance (or endowment) policy fraud and depositors' forgery
- Electronic crime cover for computer fraud (including communications via the internet or by telephone), telephone toll fraud and computer virus damage
- Less onerous war and terrorism exclusion
Extensions Available
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Additional Features
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- Identity fraud protection for individuals and the company / Extortion, kidnap & ransom wrongful detention cover (Sub-limit of GBP 2.5 million)