AIG South Africa Ltd is part of the multi-national American
International Group, Inc, a world leader in the global insurance and financial
services industry operating in over 130 countries throughout the world.
AIG South Africa has been a strong presence in the country since 1962, and from
then until now has offered South Africans a comprehensive range of short term
and long term insurance products catered to the South African
Short Term Insurance Products
AIG South Africa provides short term insurance products for individuals and
businesses, where over the years it has innovated and tailor-made many insurance
For the individual, AIG offers offers comprehensive insurance policies that
cover all the usual short term insurance requirements. AIG offers insurance for
an individuals motor vehicle, be it a car, motorbike, caravan or boat. AIG also
offers house insurance which covers the actual building and householder
insurance which insures the contents of the house. AIG's personal insurance
products are extremely flexible and are supported by additional services
depending on the cover chosen.
AIG's business insurance unit provides short term insurance products for
virtually all business eventualities. AIG provides comprehensive auto insurance
for a corporates vehicles or fleet of vehicles. AIG will also insure goods in
transit, be it by truck, plane or boat.
Using AIG, a business can insure itself against events such as kidnappings
and extortion, product recalls, machine breakdowns, environmental damage of a
business, net losses and rehabilitation costs following either malicious or
AIG also provides insurance products for director and employee liabilities,
political risk, property terrorism and sabotage, trade credit risk and
evacuation and repatriation insurance.
AIG's range of business insurance products have only been touched on in this
article and it is recommended a qualified consultant is used to understand and
grasp the full offering that is available.
Long Term Insurance Products
In terms of long-term insurance products, AIG South Africa has made a name
for itself by offering a range of comprehensive Accident & Health products
focused on providing South Africans with peace of mind in the event of any
unfortunate accidents or health issues. AIG South Africa's Speciality,
Individual and Family life products are in place as a comprehensive protection
against any mishap or accident that could render the insured unable to support
themselves or their families.
One of AIG's most popular product line is its Leisure and Business Travel
products which are designed to provide peace of mind and financial security to
South Africans travelling abroad and far from home. In this regard, AIG has
products to suit all South Africans demographically, including cover for
individuals, families, senior citizens, groups and youths.
There is also a group of AIG products called Group Benefits that are aimed at
providing organisations, their employees and their visitors with comprehensive
Accident and Health coverage.
Finally, AIG's Pre-Funding Medical Aid Liability are group of life products from
AIG Risk Finance that have been devised to best meet the specific requirements
of the client, often addressing post-retirement medical aid liabilities.
- Budget Insurance Products
- Santam Insurance Products
- SA Eagle Insurance Products
- Mutual & Federal Insurance Products
- Momentum Insurance Products
- Liberty Life Insurance Products
- Hollard Insurance Products
- Regent Insurance Products