AIU Insurance Company offers a diverse range of insurance products tailored to meet the needs of individuals, businesses, and organizations. Here’s an overview of the types of insurance they offer:
Personal Insurance:
AIU provides various personal insurance products designed to protect individuals and families from unforeseen risks. This include:
- Home Insurance: Coverage for homeowners and renters to protect their properties and personal belongings against damage or loss due to perils such as fire, theft, and natural disasters.
- Auto Insurance: Comprehensive coverage for vehicles, including cars, motorcycles, and recreational vehicles, offering protection against accidents, theft, liability, and other risks.
- Life Insurance: Policies designed to provide financial security for loved ones in the event of the policyholder’s death, offering benefits such as death benefits, cash value accumulation, and optional riders for added coverage.
- Health Insurance: Coverage for medical expenses, including hospitalization, surgeries, prescriptions, and preventive care, ensuring individuals have access to quality healthcare services when needed.
Commercial Insurance:
For businesses of all sizes, AIU offers a range of commercial insurance products tailored to protect against various risks. This include:
- Business Property Insurance: Coverage for commercial properties, including buildings, equipment, inventory, and other assets, protecting against risks such as fire, vandalism, theft, and natural disasters.
- Commercial General Liability (CGL): Protection against third-party claims of bodily injury, property damage, advertising injury, and other liabilities arising from business operations.
- Commercial Auto Insurance: Coverage for vehicles used for business purposes, providing protection against accidents, liability claims, and property damage.
- Workers’ Compensation: Insurance coverage that provides benefits to employees who suffer work-related injuries or illnesses, including medical expenses, lost wages, rehabilitation costs, and death benefits.
- Professional Liability Insurance: Protection for professionals against claims of negligence, errors, or omissions in the performance of their professional duties, commonly known as malpractice insurance for doctors, lawyers, architects, and other professionals.
Specialty Insurance:
AIU also offers specialty insurance products tailored to specific industries or unique risks, including:
- Cyber Insurance: Coverage for businesses to protect against cyber threats, data breaches, and other cyber-related risks, including costs associated with data recovery, legal expenses, and regulatory fines.
- Directors and Officers (D&O) Insurance: Protection for corporate directors and officers against claims alleging wrongful acts or decisions in the management of the company, including coverage for legal defense costs and settlements.
- Environmental Liability Insurance: Coverage for businesses to protect against liabilities arising from pollution, contamination, or environmental damage, including cleanup costs and legal expenses.
- Surety Bonds: Financial guarantees provided by AIU to ensure that a party fulfills its contractual obligations, commonly used in construction projects, government contracts, and other industries.
