Disaster Mortgage Coverage

The last thing one wants to worry about in the aftermath of a natural catastrophe is paying the mortgage. In the event your home becomes uninhabitable for over 48 hours following a natural disaster, disaster mortgage coverage reimburses monthly mortgage payments. Designed to complement your existing primary homeowners policy, coverage does not apply to property repair or rebuilding.

The AIG Companies’ disaster mortgage coverage offers payment solutions for temporarily or permanently uninhabitable homes:

Temporarily uninhabitable homes can have the mortgage payments reimbursed until the home is repaired or replaced for up to a maximum of 12 months

Permanently uninhabitable homes will receive a lump-sum payment towards the outstanding balance of their mortgages

Insurance underwritten by member companies of American International Group, Inc., (AIG). The policy described may not be available in all jurisdictions, and the description thereof is not a complete description or a complete list of all policy terms, conditions and exclusions.
Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting.
Please contact the jurisdiction in which you are interested for further details.

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