What is aig Australia limited?

What is aig Australia limited?

AIG Australia Limited is a foreign owned, unlisted public company that derives its revenue from the provision of underwriting for general insurance and reinsurance risks. AIG Australia is a wholly-owned subsidiary of the US-based insurance corporation, American International Group Inc.

How do I contact AIG?

Contact Us

  1. 1 (800) 445-7862. Email Us.
  2. 1 (800) 424-4990. Email Us.
  3. Hours of Operation: Monday through Friday, 5:30 a.m. to 5 p.m. Pacific Time.
  4. Hours of Operation: Monday through Friday, 7 a.m. to 6 p.m. Central Time. Independents: 1 (888) 502-2900, Option 3.
  5. 1 (888) 237-4210.

How do I cancel my AIG policy?

Can I cancel my policy? You may cancel your policy by giving us 30 days written notice. Since the payment is on a monthly basis, your coverage will continue for the remaining period for which premium has been paid. Coverage will terminate upon expiry of such period.

What kind of insurance does AIG offer?

There are two types of whole life insurance policies offered through AIG Direct: Universal Life Insurance and Guaranteed Issue Whole Life Insurance.

What did AIG do wrong?

AIG had to pay out on what it had promised to cover. The AIGFP division ended up incurring about $25 billion in losses. Accounting issues within the division worsened the losses. This, in turn, lowered AIG’s credit rating, forcing the firm to post collateral for its bondholders.

Where can I find AIG insurance in Australia?

AIG Australia Limited (AIG) ABN 93 004 727 753 AFS Licence No.381686 Level 13, 717 Bourke Street, Docklands VIC 3008 is authorised to Deal (including issue) and Advise in relation to general insurance products, including travel insurance and sickness and accident insurance products.

Who is the regulator of AIG in Australia?

AIG Australia Limited ( AIG Australia) is a general insurance company and is regulated by the Australian Prudential Regulation Authority ( APRA ).

Who is the financial services provider for AIG?

AIG is the provider of the financial services related to the general insurance products mentioned in this FSG. We may provide the financial services to you via our call centre, or through other qualified employees or our authorised representatives. When you acquire an insurance policy from AIG we are bound by the terms and conditions of the policy.

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