 Your clients with high net-worth have unique risks and exposures not always covered by a standard HO policy. AIG has put together a flyer that you can use to pitch coverage to your high-net clients or potential clients. It includes pitches such as:
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The old axiom is not to have all your eggs in one basket, but in insurance that can be reversed. Putting all coverages together may simplify paperwork when filing a claim and helps avoid the gaps that patch-work coverage can leave.
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Specialists for exposures more common among the affluent such as Equine, multinational liability and property, and high-end autos.
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Personal Excess - With more to lose this becomes a need, not a nice-to-have.
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Replacement Cost - Building costs are nearly recession-proof, even if housing prices aren't.
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Coverage for collections and the preservation expertise to identify threats to its value.
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Fine Art
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Jewelry
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Wine
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Couture
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Preservation Expertise
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Beyond coverage there is risk avoidance for boats, cyber attacks, ice inside and out, and more.
AIG's Private Client Group homeowner coverage is available for dwelling replacement cost coverage valued at $500k or more in most states. Included and/or available are:
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Guaranteed replacement cost - included
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Back-up of sewers and drains - included; up to dwelling value
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Business property - up to $25,000
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Deductible options - up to $100,000 available
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Primary flood - available
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Equipment breakdown - available
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Identity fraud restoration expenses, ATM robbery, and financial fraud, embezzlement or forgery - available
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Traumatic threat or event recovery - available
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Green rebuilding expenses - available
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Waiver of deductible on losses over $50,000 - available
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Replacement cost cash out option - included
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Lock replacement - included; no deductible
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Food spoilage - included
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Loss prevention devices following a claim - included; up to $2,500 available
AIG's Private Client Program is available to registered members in all states. Check out www.bigmarkets.com and click on Affluent Program - New Business to learn more!
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SPECIAL FEATURE
Webinar Opportunity: Cybersecurity Made Simple
 Join Agents Council for Technology (ACT) for a free 30-minute cybersecurity webinar next Tuesday, December 12th at 2:00 P.M. Eastern. Bill Larson and Paul Peeples will go through critical cybersecurity issues that are facing every independent agent. This webinar will give agents a clear understanding of the risks for non-compliance and a concise overview of all applicable security regulations. Agents will learn the top cybersecurity regulations and what they can do now to best comply with each regulation. Last year, Keeper Security and Ponemon reported that more than 50 percent of small and medium-sized businesses suffered a cyberattack. Take time to learn 3 steps you should take now to make your agency cyber secure and compliant. Please note, there will be 15 minutes for Q&A immediately following the webinar.
Please send your questions, comments and feedback to: act@iiaba.net
Don't forget, you have access to a cyber solution for your small business clients as well. Log into www.bigimarkets.com and click on "Cyber-Small Business Solution" to learn more.
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ARMR Network's newest environmental insurance program, ARMR HPRTM, is bigger than ever before!
 Environmental losses can happen to any commercial building, no matter the age, size, or location. As insurers apply pollution, mold, and bacteria exclusions more consistently on commercial property owners and managers' Commercial General Liability and commercial property policies, environmental policies are more important than ever before.
Never sold an environmental policy to a commercial property owner or manager before? No problem! American Risk Management Resources is a world renowned environmental insurance wholesale broker and expert witness. Find out more by visiting us on the Big "I" Markets under Pollution Contractors-Farms-USTs-Other or at www.armr.net.
We are very excited to announce the newest ARMR-designed program, ARMR HPR™, which will be released January 4, 2018 to every independent insurance agent across the country. This program is only available through ARMR.Net; you will not want to miss this!
ARMR HPRTM is the easiest and most efficient new business production opportunity available in your commercial property owner and manager book of business.
Celebrate the official ARMR HPR™ program release with a sales training virtual workshop, January 4th, 2018 at 11:00AM CST. We look forward to seeing you there. Register here!
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BIM Website Training Webinar
Big "I" Markets
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HPR Environmental Workshop
Big "I" Markets
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Date: Thursday, December 14
Time: 2:00 - 2:30 p.m. EDT
Cost: Free
Summary:
For all you folks who recently registered for Big "I" Markets, remember you can participate in a webinar from the comfort of your office to help you learn how to navigate around the system. Every Thursday at 2:00 p.m. EDT we'll show you how to navigate the Big "I" Markets platform, including how to submit a quote! A recording of this webinar can be found under "Publications" after logging into Big "I" Markets.
Registration:
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Date: Thursday, Janaury 4
Time: 12:00 - 1:00pm EDT
Cost: Free
Summary:
We are very excited to announce the newest ARMR-designed program, ARMR HPRTM, which will be released January 4, 2018 to every independent insurance agent across the country. This program is only available through ARMR.Net; you will not want to miss this!
ARMR HPR™ is the easiest and most efficient new business production opportunity available in your commercial property owner and manager book of business.
Celebrate the official ARMR HPR™ program release with a sales training virtual workshop, January 4th, 2018 at 12:00PM EST. We look forward to seeing you there.
Registration:
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Cybersecurity Made Simple
Agents Council for Technology (ACT)
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Date: Tuesday, December 12
Time: 2:00 - 3:00pm EDT
Cost: Free
Summary:
Bill Larson and Paul Peeples will go through critical cybersecurity issues that are facing every independent agent. This webinar will give agents a clear understanding of the risks for non-compliance and a concise overview of all applicable security regulations. Agents will learn the top cybersecurity regulations and what they can do now to best comply with each regulation. Last year, Keeper Security and Ponemon reported that more than 50 percent of small and medium-sized businesses suffered a cyberattack. Take time to learn 3 steps you should take now to make your agency cyber secure and compliant. Please note, there will be 15 minutes for Q&A immediately following the webinar.
Please send your questions, comments and feedback to: act@iiaba.net
Don't forget, you have access to a cyber solution for your small business clients as well. Log into www.bigimarkets.com and click on "Cyber-Small Business Solution" to learn more.
Registration:
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Be one of the first five with the correct answers and win a $5 gift card (Starbucks, Dunkin' Donuts, Baskin Robbins, or Krispy Kreme).
Don't forget to answer the Tie Breaker!
1. Luxury real estate developer Nile Niami is building what could be the most expensive home in the U.S. at $500 million. Where is it located?
2. Mocked by this cartoon, NASA began repairing what on this date in 1993?
3. What are the four listed contagions covered listed on the http://armr.net/HPR website?
TIE BREAKER
TB - On Black Friday (Nov 24) a drunken burglary suspect was found curled up next to an empty and broken bottle of bourbon in a Florida liquor store. What was unusual about the suspect?
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BIG "I" MARKETS SALE OF THE WEEK
Congratulations to our agent in New Jersey on an Affluent Homeowners sale of $26,659 in premium!
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