Higher Education Risk

May 3, 2004

Nuts & Bolts: AIG Higher Education Risk Solutions introduced the Educators Elite, with a comprehensive range of property/casualty coverages for public and private colleges, universities, junior colleges and trade schools nationwide. The product includes: general property, property terrorism, primary general and management liability, excess casualty, EPL, accident and health, legal liability, and
international insurance and claims and risk management.

Dollars: Healthcare: premium $50,000, deductible $10,000, limits up to $25 million. Property: premium $25,000, deductible $25,000, limits up to $100 million. Casualty: premium $50,000, deductible $25,000, limits up to $100 million. D&O/ELL/EPL: premium $25,000, deductible $25,000, limits up to $25 million. International Package: premium $2,500, limits $1 million/$2 million.

Carrier: Rated “A++” (superior), Class XV, by A.M. Best and rated “AAA” by S&P.

States Available: All states.

Contact: Tim McAuliffe, (212) 770-2194 or highered@aig.com.