Skip to Content
  • Enables insureds to reduce or eliminate a contingent tax exposure arising from tax treatment of a transaction, investment or other tax position where the underlying legal conclusions may be subject to future challenge by the IRS or state or foreign tax authorities
  • Available limits up to $50M for any single risk; minimum premium of $250K
  • Coverage is available for risks on a 100%, shared, layered or excess basis from AIG’s non-admitted carriers only
  • Written advice or guidance from legal or other tax advisers obtained by the client is preferred, but not required
  • Transactions that demonstrate a clear business purpose other than to achieve a particular tax result are preferred; whether the jurisdiction has GAAR (General Anti-Avoidance Rules) in place will be taken into consideration
  • Prefer to cover risks in jurisdictions that are politically stable, have a developed legal system and a tax authority or tribunal with a recognized, accepted route of appeal and a reputation for competence, probity, sophistication and fairness
  • Federal, state, local or foreign taxes considered (policy period tracks applicable statutes of limitations)
  • Expenses of legal or other tax advisors incurred in resolving disputes with the IRS and/or other taxing authorities in respect of the covered tax liability
  • Gross-up of taxes payable with respect to insurance proceeds in the event of a loss and insurance recovery ?Interest and insurable non-criminal fines or penalties related to a covered tax liability

Claims

Dedicated and experienced claims team specialized in disputes surrounding complex transactions and in processing customer claims in an expedient manner with proven claims paying ability

?

Underwriting Expertise

?

?

Underwriting and industry expertise to craft the tailored programs each structured transaction requires

?

Multinational

?

?

Committed to delivering multinational expertise, solutions, and service to clients in a globally consistent and seamless fashion through one of the largest global networks in the industry, spanning 215+ countries and jurisdictions

亚洲欧美免费无码专区